March 24 2023 🕓 3 min
USD/JPY plunges toward 130; more losses likely
The bearish pressure is expected to continue as there is little support for the USD at the moment.
Market Movers
March 24 2023
Nasdaq to offer crypto services in Q2
Nasdaq is about to launch crypto custody services in the second quarter of this year. Nasdaq is reportedly moving forward to get all the necessary technical setup and regulatory approvals ready.
March 24 2023
The EU stock market in red due to banks
The European stock market was brought down by the banking sector. DAX fell 2% due to ongoing fears that another bank will crash. Deutsche Bank is down 15%, while UBS along with Credit Suisse both lost around 6%. Other notable industry players like BNP Paribas and Commerzbank suffered losses as well.
March 24 2023
Bitcoin reportedly entered a supercycle
Bitcoin appears to be entering a new bullish “supercycle,” according to Bloomberg senior analyst Mike McGlone. He claims Bitcoin is the best-performing asset in 2023, increasing its price “nearly 10 times” as much as gold.
September 22 2021 🕓 3 min
USD/JPY expects FOMC outcome near 109.50
Volatility will most likely be elevated after today's FOMC decision. So far, the greenback remains stronger on the day.
September 22 2021 🕓 3 min
EUR/USD statistical and technical analysis
Evergrande’s missed payments can shake global financial markets. In that case, the temporary winner may be the US dollar. The current price of the EUR/USD exchange rate is 1.1719 (September 21, 2021). The currency pair is again in an important support zone. Let us therefore look at statistical and technical analyzes.
September 16 2021 🕓 2 min
Is DOW JONES losing its strength? What can this mean for indices in general?
The Dow Jones is one of the key indices of the world economy. Together with the SP 500 or NASDAQ, it is one of the most important indices also in the trading world. However, the last week does not look very good for this index. Because compared to the rest of the market, DOW JONES is starting to lose ground.
September 16 2021 🕓 3 min
AUD/USD slides after miserable employment data
The short-term outlook does not look so good as the Aussie is testing some serious support levels.
September 15 2021 🕓 3 min
EUR/GBP unimpressed by UK inflation data
Inflation rocketed higher in the UK, but the Pound failed to capitalize on it as the cross remains in a sideways trading regime.
September 14 2021 🕓 3 min
AUD/USD statistical and technical analysis
Today’s words from the RBA governor didn’t support the currency. Lowe doesn’t see a rate hike before 2024. The current price of the AUD/USD exchange rate is 0.7318 (September 14, 2021). In August, it rebounded from an important zone. We will therefore move on to statistical and technical analyzes.
September 13 2021 🕓 2 min
EUR/JPY defends 50-day average ahead of Lagarde speech
Friday's decline stopped at the 50-day moving average, but will the support hold?
September 10 2021 🕓 3 min
GBP/USD tests September highs despite huge GDP miss
GDP data failed to meet estimates, yet the GBP/USD pair is stronger. Is the falling USD going to dominate in the near-term?
September 9 2021 🕓 3 min
EUR/USD stable after ECB decision
The ECB met expectations today, keeping the bullish bias in the EUR/USD pair valid.
September 7 2021 🕓 3 min
NZD/USD statistical and technical analysis
Today, the GDT Price Index was released, which is an important economic indicator for New Zealand, as rising prices increase the country’s export income. The current price of the NZD/USD exchange rate is 0.7105 (September 07, 2021). This pair has dynamical rebounded upwards. Let’s look at statistical and technical analyzes.
September 7 2021 🕓 3 min
EUR/AUD shoots higher after RBA, EU data
Is the latest dip a buying opportunity, or is it something bigger?
September 6 2021 🕓 3 min
AUD/USD slides amid profit-taking
Is the current rally going to continue, or is it time for a correction?