Ethereum markets rallied ever so slightly during the day, gaining 2%. The market has recently seen a lot of choppy noise in this area, and I think that will probably continue to be the...
The US dollar strengthened Tuesday as the euro continues to act as a punching bag. This makes sense considering that bonds in the European Union continued to fade away, and there are serious credit...
FX option expiries for August 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.0125 320m 1.0240 329m – AUD/USD: AUD amounts 0.7100 251m 0.7160 641m –...
Bearish View Sell the USD/CAD pair and set a take-profit at 1.2700. Add a stop-loss at 1.2850. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.2850 and a take-profit at 1.2950. Add a...
USD/CHF slides to a one-month low on Monday amid the prevalent USD selling bias. Diminishing odds for more aggressive Fed rate hikes continue to weigh on the buck. A softer risk tone benefits the...
The USD/JPY has produced almost seemingly polite incremental gains the past two days of trading and is approaching intriguing short term resistance. Speculators watching the USD/JPY may perceive the USD/JPY has demonstrated rather tranquil...
Ethereum pulled back a bit Monday, as it looks like we are going back and forth and trying to figure out where we are going to go next. Looking at this chart, it would...
Despite the halt in the US dollar’s gains, the gains of the GBP/USD currency pair did not exceed the 1.2063 level and settled around the 1.2000 level at the beginning of this important week’s...
The British pound tried to bounce a couple of times over the last several days, but right now it looks as if the 1.20 level is going to continue to offer major resistance. The 1.20 level is...
Things looked good to kick start the new week initially but come day end, equities had a stinker as US indices limped to the finish line. The jitters came about after a report on Apple...