Ethereum saw a small 0.5% price increase today as it continues to battle the $140 resistance level. The cryptocurrency has been bouncing in a very tight range between $135 and… Read more »
View Wednesday’s indecisive “spinning top” candle has neutralized the short-term bullish view. The cryptocurrency remains at the mercy of the sentiment in the traditional markets in the short term. A… Read more »
EUR/JPY’s upside halted just ahead of the 200-day SMA. Immediately to the downside emerges the YTD low at 116.11. Renewed buying pressure in the Japanese currency is dragging EUR/JPY to… Read more »
Traders continued to trim their open interest positions in Gold futures markets on Tuesday, this time by around 18.8K contracts, as per flash data from CME Group. It is worth… Read more »
The Pound Sterling was trading near to a 1-week trough versus the US Dollar as FX traders await tomorrow’s policy decision from the Bank of England. Dovish statements by a… Read more »