Share: USD/CAD remains indecisive, struggles to extend previous day’s rebound from weekly low. Bullish chart formation needs validation from Canada Retail Sales for June. Convergence of...
The Hong Kong branch of US fast food chain McDonald’s Corporation has joined the likes of Adidas, Coca-Cola, Gucci and other global brands with Thursday’s launch...
Share: AUD/USD reverses modest intraday losses and draws support from subdued USD price action. Hopes for more Chinese stimulus and bets on additional RBA rate hikes...
Share: EUR/USD braces for first weekly loss in four, dribbles around the weekly bottom after three-day losing streak. 10-EMA prods Euro sellers amid upbeat RSI (14)...
Former US congressman Ron Paul says the US dollar is overdue for a major downturn in the face of out-of-control debt. In a new discussion on...
Share: USD/INR meets with a fresh supply near the 200-day SMA barrier on Friday. The technical setup favors bears and supports prospects for further losses. A...
Share: Gold price regains positive traction on Friday, though lacks strong follow-through buying. A softer risk tone, along with subdued US Dollar demand, lend support to...
Bitcoin fell on Friday morning in Asia as other top 10 non-stablecoin cryptocurrencies traded mixed. Bitcoin again slipped below support at US$30,000 after a week that...
Share: AUD/USD slides below 50-EMA, fortnight-old support line to lure sellers. Downbeat oscillators, trend line break direct Aussie bears towards convergence of 200-EMA, 38.2% Fibonacci retracement....
Share: WTI crude oil treads water after rising the previous day, appears well set for a four-week uptrend. Downbeat EIA inventories join China stimulus to provide...
Eight giants in the legacy financial system have agreed to pay a $68 million settlement after facing nearly a decade of litigation over a price-fixing scandal....
Share: USD/CAD posts a modest gain above the 1.3170 area amid a stronger USD. Initial US jobless claims showed a lower-than-expected figure. The Federal Reserve (Fed)...
A widely followed crypto trader is disclosing which altcoin he has the shortest position on as the digital asset markets pause. Pseudonymous trader and crypto bear...
Share: Japan Statistics Bureau released National Consumer Price Index (CPI) for June, rising to 3.3% YoY from 3.2% versus 3.5% expected on early Friday. Further details...
Share: AUD/JPY gained 0.44% on Thursday but could not hold above the 95.00 level, triggering a downward correction. Buyers must reclaim the Tenkan-Sen line at 95.42...
Popular dog-themed meme asset Dogecoin (USD) is seeing a bump in price after billionaire Elon Musk shared a Scooby-Doo meme. On Wednesday, the business magnate posted...
Share: EUR/USD steadies at weekly bottom after falling the most in two months, printing three-day downtrend. Drops US Jobless Claims, downbeat tech sector performance favors yields,...
A decentralized finance (DeFi) altcoin is surging after the venture capital arm of the world’s biggest crypto exchange by volume invested millions of dollars into it....
Share: AUD/USD bears are ready to pounce on rallies and eye a break of 0.6750. Bulls need to get above 0.6850 to break the bearish bias....
A widely followed crypto analyst is diving into the crypto markets after a week of largely sideways trading action. Crypto trader Michaël van de Poppe tells...