Bulls need validation from 1.3450 immediate hurdle
GBP/USD grinds higher after posting the biggest daily gains in a month. A confluence of 50-DMA, fortnight-old descending trend line...
Month: January 2022
Circle’s USDC stablecoin gobbles Tether’s market share with 50B milestone
The world’s second-largest stablecoin by market capitalization keeps on growing as it erodes the dominance of the current leader, Tether.The...
USD/CAD bears are seeking discounts between 1.2720/2750
USD/CAD is moving on a significant portion of the start of the week's supply. USD/CAD Bears monitoring the hourly time...
Grinds higher inside weekly trading range below $90.00
WTI picks up bids to poke upper line of the one-week-old trading range. Firmer trading above the key HMAs, bullish...
Big miss fails to move the needle ahead of RBA
December’s Aussie Retail Sales data have been released that were expected to have pulled back from the reopening surge in Oct-Nov. The...
Australia dollar reluctant to drop despite the RBA surprise
The Australian dollar fell 30 pips to 0.7040 immediately after the RBA decision. Most had expected a more-hawkish pivot with...
12-day-old support defends DXY bulls
DXY licks its wounds after biggest daily fall in a month. Short-term ascending trend line tests sellers ahead of the...
Toyota apologizes for suicide after overwork, harassment
In this Sunday, March 21, 2021 file photo, The company logo adorns a sign outside a Toyota dealership in Lakewood,...
GBP/USD meets critical resistance ahead of BoE
GBP/USD is at a crossroads on the charts as traders get set for the BoE. A rebound in USD would...
Tesla Has Claimed ‘Top Of The Mountain’ With Tesla Cybertruck Design: Why Analyst Thinks It Spells Trouble For Rivals
Tesla Inc TSLA has grabbed the "top of the mountain" credential with the Cybertruck design, a feat made possible due...