News

There have been plenty of key developments across the markets this week with plenty of moves to focus on as we begin the final month of Q1. Chatting with traders ahead of the weekend, it seems the move capturing the most attention is the almost 3% rally in the Nikkei which has broken out this […]

The BTC weakened quite a bit overnight. By Friday, the leading crypto has dropped to 22,401 USD. The crypto got given away by the inner market news. Most probably, it was the situation with the Silvergate bank, with which several crypto exchanges at once refused to work. Meanwhile, the US stock market remained stable or […]

EURUSD has stabilised after a series of amplitude fluctuations. The current quote is 1.0610. The EU failed to support the EUR by good news. The prelim CPI in February turned out at 8.5% y/y instead of declining to 8.3% y/y, while earlier it was 8.6%. Base inflation is estimated at 5.6% y/y — higher than […]

Dovish BOJ View The Japanese Yen has fallen lower into the end of the week helped by a solid drop in Tokyo CPI last month. Tokyo CPI was seen cooling to 3.3% from the prior month’s multi-decade highs of 4.3%. On the back of incoming BOJ governor Ueda recently affirming that the BOJ will not […]

AM Shares Rallying Chipmaker Applied Materials has been one of the key stocks to benefit from the surge in demand for AI this year. The company recently posted bumper Q4 earnings with both EPS and revenues coming in above target and cited the growth in demand from companies looking to scale up their AI business […]

Title BCOUSD potential rally – but watch out for the intermediate resistance! Type Bullish Rally Preference We’re seeing a long-term ascending support line and a descending resistance line squeeze prices together. There is a pivot support at 83.9 which is pushing prices up against the descending resistance line. If prices were to break that descending […]