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

Has the USD Approached a Turning Point?

There could be a feeling that USD corrective rally has run out of steam. The index bounced off 93.50 level on Thursday as details of Biden spending plan prompted upward corporate earnings revisions,...

This Time OPEC can Disappoint Fragile oil Market

China economic data released on Wednesday underpinned risk mood in the markets. Activity in key manufacturing sector rose in March compared to the previous month. Export orders accelerated growth,...
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EURGBP Slide Deepens As UK Data Improves

GDP Better Than First Thought The latest UK economic data released today offered some further encouragement for GBP bulls. Following the record-breaking economic slump recorded over early 2020, during...

USD Reaps the Rewards of Vaccination in the US

Marine traffic resumed in Suez Canal reducing uncertainty in the markets, with the USD firming its position while long-dated Treasuries sell-off gained momentum ahead of Biden's presentation of...
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UK/US Trade Tensions Escalate on Fresh Tariff threats

Trade War Looming? With the ending of Trump’s term as US president, there was a sincere hope that the world would enter a phase of more harmonious relations. Following the destructive nationalism and...

Greenback Extends Corrective Rally, Albeit at Slower Pace

Greenback kicked off the week on a firm footing and there are few signs of an impending U-turn in its corrective rally. A number of positive developments for USD may occur this week - ADP labor market...

Key Economic Events and Reports for the Week Ahead

There are no significant events in the economic calendar on Monday.On Tuesday, the Conference Board's Consumer Optimism Report for March is due to gauge how quickly US consumer spending is recovering...

Suez Channel Blockage can be Liquidated Earlier than Expected

Shoei Kisen, the Japanese owner of the container ship that has run aground in the Suez Canal, said it intends to release the ship by "Japanese time tomorrow night," Nikkei reported Friday.The...

Oil and EURUSD set to Rebound Next Week but it may Hide a Selling Opportunity

The news continues to be full of headlines that discourage risk appetite. Among them – a new all-time high in daily Covid-19 cases in Poland and gloomy forecast for the course of the third wave from...