News
USDJPY has been rising for the second consecutive trading session; the Bank of Japan is not ready to act aggressively. The Japanese Yen is retreating against the USD on Tuesday. The current quote for the instrument is 114.54. During its January meeting that ended earlier today, the Bank of Japan left its monetary policy intact. […]
EURUSD retreated to 1.1400 as soon as the US 10-year bond yield started rising. The major currency pair is correcting. The current quote for the instrument is 1.1393. After a pause in view of Martin Luther King Jr. Day in the US, investors are back to the debt market, where the US 10-year bond yield […]
Gold prices fell on Tuesday, affected by higher US Treasury yields, as investors looked for clues on the timetable for a US Federal Reserve interest rate hike from next week’s policy meeting. Gold Prices Today The price of gold futures contracts for February delivery decreased by 0.03%, to reach the level of $ 1815.90 an […]
The AUD/USD is hovering near a one-week low, below 0.7200, due to a stronger USD/risk-off environment. A combination of factors dragged AUD/USD to a one-week low on Tuesday. The AUD/USD pair remained offered during the first part of the European session, and was last seen lingering near a one-week low, just below the 0.7200 line. […]
U.S. stock indexes opened sharply lower Tuesday after a three-day break, in observance of Martin Luther King Jr., with the high-growth technology sector trading sharply lower at the the start of a busy week of corporate earnings report. Meanwhile, a blockbuster tech deal was also in the spotlight, after Microsoft Corp. MSFT, -1.27% said it […]
Type: Bullish BounceKey Levels:Resistance: 1.0509Pivot: 1.04178Support: 1.04047Preferred Case:Price broke out of the descending trendline resistance on the daily, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 61.8% Fibonacci projection and 50% Fibonacci retracement towards 1st Resistance in line with 61.8% Fibonacci retracement and previous swing […]