REAL TIME NEWS
DXY Higher on Jobs DataThe US Dollar is ending the week at highs after a firm rally yesterday as traders reacted to stronger than forecast US data. The weekly jobless figure was seen well below forecasts at 218k down from 232k prior, below 233k expected. Alongside ... DXY Higher on Jobs DataThe US Dollar is ending the week at highs after a firm rally yesterday as traders reacted to stronger than forecast US data. Th
Bitcoin Weaker on FridayBitcoin prices are ending the week at lows with the market down heavily yesterday as USD rallied in response to better-than-forecast US data. Weekly jobless claims were seen dropping to their lowest level in months while final quarterly GDP ... Bitcoin Weaker on FridayBitcoin prices are ending the week at lows with the market down heavily yesterday as USD rallied in response to better-than-fo
TitleAUDUSD H4 I Spotting a bullish reversalTypeBullish bounce Preference:The price is falling towards the pivot at 0.6520, which is a pullback support that aligns with the 61.8% Fibonacci retracement and the 78.6% Fibonacci projection. A bounce from this level cou... TitleAUDUSD H4 I Spotting a bullish reversalTypeBullish bounce Preference:The price is falling towards the pivot at 0.6520, which is a pullback suppor
TitleUSDCHF H4 I | Potential bullish bounce TypeBullish bouncePreference: The price is falling towards the pivot at 0.7969, a pullback support. A bounce at this level could lead the price toward the 1st resistance at 0.8067, a multi-swing high resistance that is sl... TitleUSDCHF H4 I | Potential bullish bounce TypeBullish bouncePreference: The price is falling towards the pivot at 0.7969, a pullback support. A boun
TitleUSOUSD H4 | Bullish bounce off support Type Bullish bouncePreference:The price is reacting off the pivot at 64.28, which is an overlap support. A bounce from this level could lead the price toward the 1st resistance at 66.67, a pullback resistance that aligns ... TitleUSOUSD H4 | Bullish bounce off support Type Bullish bouncePreference:The price is reacting off the pivot at 64.28, which is an overlap support. A
Title GBPUSD H4 I Potential bullish reversal aheadTypeBullish reversalPreference:The price is falling towards the pivot at 1.3313, a pullback support that aligns with the 78.6% Fibonacci projection. A bounce at this level could lead the price toward the 1st resista... Title GBPUSD H4 I Potential bullish reversal aheadTypeBullish reversalPreference:The price is falling towards the pivot at 1.3313, a pullback support
Title GBPUSD H4 I Bullish bounce from key supportTypeBullish reversalPreference:The price is falling towards the pivot at 1.3384, an overlap support that is slightly above the 61.8% Fibonacci projection. A bounce at this level could lead the price toward the 1st re... Title GBPUSD H4 I Bullish bounce from key supportTypeBullish reversalPreference:The price is falling towards the pivot at 1.3384, an overlap support t
BTC Still StuckIt’s been a tricky week for Bitcoin bulls. Following a heavy sell off on Monday, price had staged a recovery through the middle of the week before turning lower again today. Resilience in the US has been partially attributed to the failed recovery wi... BTC Still StuckIt’s been a tricky week for Bitcoin bulls. Following a heavy sell off on Monday, price had staged a recovery through the middle of the
TitleXAUUSD M30 | Bullish bounce off support Type Bullish bouncePreference:The price is falling towards the pivot at 3,726.95, which is a pullback support that is slightly below the 38.2% Fibonacci retracement. A bounce from this level could lead the price toward t... TitleXAUUSD M30 | Bullish bounce off support Type Bullish bouncePreference:The price is falling towards the pivot at 3,726.95, which is a pullback sup
TitleUSDCHF H4 I | Potential bearish reversal TypeBearish reversalPreference: The price is rising towards the pivot at 0.7986, an overlap resistance that aligns with the 61.8% Fibonacci retracement and is also slightly below the 127.2% Fibonacci extension and the 6... TitleUSDCHF H4 I | Potential bearish reversal TypeBearish reversalPreference: The price is rising towards the pivot at 0.7986, an overlap resistance t

Fundamental Analysis

Russia Hikes key Rate, Boosting Investment Appeal of Ruble Assets

The Bank of Russia at the meeting on Friday raised its key rate by 0.5 percentage points - up to 5.5%. The Board of Directors of the Central Bank explained that the Russian and world economies are...

Two key Targets in USDRUB for the Summer

The ECB disappointedeuro bulls on Thursday, as it said it would maintain high level of monetarystimulus in 3Q. It was expected that the ECB will announce that it will soonbegin to reduce the use of...

EIA Data was a Surprise for the Market, Casting Doubts on US Demand Strength

Oilprices came under pressure on Wednesday; WTI struggled to stay above the $70mark. The catalyst for the decline was bearish EIA report on commercial oil andrefined products inventories in the United...

To Taper or To Not Taper Early? US May Inflation Report Should Help the Fed Make Up its Mind

Oil prices rose on Tuesday continuing to develop modest upside momentum on Wednesday. WTI has broken the $70 per barrel mark for the first time since October 2018. The API data indicated a 2.11...

GBP Higher on Hawkish BOE Comments

GBP has seen a fresh wave of buying across the European morning on Wednesday in response to comments made yesterday by the Bank of England’s chief economist Andy Haldane. Speaking with a London radio...

Bank of Canada Preview

BOC to Stay on HoldThe June Bank of Canada meeting today is the key data focus for currency markets. The BOC was the first of the G7 central banks to take a hawkish shift when it announced a tapering...

Only Strong US Inflation in May can Save the USD

The dollar holds its ground on Tuesday counting on a strong positive surprise in the US May inflation report. The release is due on Thursday. Yellen's comments that high interest rates will be a plus...

US Inflation Report may Cause a Major Move in USD. Here is Why.

Last week, the struggle between USD bulls and bears was unusually evident: the dollar index jumped from 90 to 90.50 points following release of the ADP labor market report, however bullish bets were...

Precious Metals Monday 07-06-2021

Gold Gold prices have started the week on a softer footing following the volatility last week. The rally in the safe haven asset was put to an end on Thursday by a stronger-than-expected ADP...