GBP/USD Technical: Trendline Break Sets the Stage for Further Downside
GBP/USD has broken below a long-term ascending trendline, signaling potential further downside. UK budget concerns […]
SPX 500: Second Sign of Downside Volatility Emerges, Odds of Medium-Term Corrective Decline Increase
Bearish reversal detected below 5,930 key medium-term resistance of the SPX 500. Market breadth indicator […]
Crypto Takes a Step Back, Ready for Volatility
Market Picture The crypto market stumbled on the last day of October, losing over 5.5% […]
Bitcoin Price Falls Short of Record High, Drops Below $70k
The BTC/USD chart shows the following: → Bitcoin’s all-time high is around $73,750 per coin, […]
AUDUSD Holds Near August Lows: US Dollar Pressure Remains Strong
The AUD/USD pair fell to 0.6566 on Friday, marking its lowest since early August. The […]
UK PMI manufacturing finalized at 49.9, wait-and-see ahead of budget
UK’s PMI Manufacturing was finalized at 49.9 for October, down from September’s 51.5, marking the […]
WTI Crude Oil Recoups Bearish Gap
WTI crude oil runs to 71.00 critical level near downtrend line Momentum oscillators reflect positive […]
Euro Retreats from Recent Lows, Pound Plummets After Budget Data Release
In recent trading sessions, European currencies have shown mixed performance. The EUR/USD pair found support […]
Swiss CPI down further to 0.6% yoy in Oct
Switzerland’s CPI decreased by -0.1% mom in October, missing expectations of flat growth. Core CPI, […]
It is time for NFP
In focus today In the US, focus will be on US October Jobs Report. We […]
US NFP grows only 12k in Oct, unemployment rate steady at 4.1%
US non-farm payroll employment grew only 12k in October, well below expectation of 106k. That […]