Latest Market News

Comments & Confusion USDJPY is back under offer today as volatility in the pair continues. The pair plunged almost 4% on Thursday before buyers kicked in to send the rate back up over the last two sessions. The main driver behind the whipsaw action is comments from the BOJ on monetary policy ahead of the […]

Fresh BTC Volatility Bitcoin prices appear to be stabilising on Tuesday following a more than 10% crash yesterday. The crypto space has been heating up again in recent months with an almost 70% rally off the October lows. The move higher has been largely driven by excitement around expected Bitcoin ETF approval from the SEC. […]

The Australian dollar paired with the US dollar is gaining strength on Tuesday. The current AUDUSD exchange rate stands at 0.6593. Morning statistics from Australia revealed a mixed picture. The Westpac consumer sentiment index rose by 2.7% in December, rebounding from a previous decline of 2.6%. This is good news and is likely based on […]

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are above the 200-day Moving Average on H4, revealing the prevalence of an uptrend. The RSI has broken the trendline. In this situation, the price is expected to rise above 4/8 (0.6591) and later reach the resistance at 6/8 (0.6713). The scenario could be cancelled by a […]

Crude Bouncing Crude oil prices are rising today and are on course to post their fourth consecutive session in the green. However, the recovery looks tepid and bullish momentum looks weak against the scale of the declines we’ve seen in recent months. Crude futures are down almost 30% from the YTD highs and look vulnerable […]

The USD corrective uptrend finally ran out of steam on Tuesday, as attempts to break above the 104.20 horizontal resistance level late last week and Monday failed. Buyers folded their hands ahead of the release of the US CPI for November and the FOMC meeting tomorrow: Despite the decline, the price remains in an upward […]