Fourth-quarter consumer prices in New Zealand rose more than anticipated, with the annualized CPI clocking in at 1.9%. Dampening the tone was an unexpected contraction in credit card spending in… Read more »
A few months ago, we were expecting Microsoft to trade into the $157.00-$172.00 area. We observed a very technical impulse from all-time lows where wave (III) is ending. We explained… Read more »
That’s one argument an asset management firm in Tokyo is making Asset Management One’s chief strategist, Takeru Ogihara, argues that USD/JPY may be nearing its peak as there’s still a… Read more »
USDCHF – upside U.S. Dollar/Swiss Franc FX:USDCHF WXYXXZ Price approached the reversal zone to complete a weekly/daily wxy. Turning to a bullish bias for several weeks before it really drops… Read more »
After this currency pair was able to bounce off of its descending 61.8 Fibonacci Retracement Fan Support Level, it managed to eclipse its short-term resistance zone. Volatility is expected to… Read more »
USD/JPY trades narrowly to start the day but is keeping at seven-month highs ForexLive The pair continues to sit around 110.20-25 to start the session, the highest levels since 23… Read more »
The number of active DeFi users, on the Ethereum network, is experiencing phenomenal growth. A recent report shows that this doubled, to 60,000, in only five months. And expectations, that… Read more »
By Fergal Smith TORONTO (Reuters) – The Canadian dollar, last year’s top-performing G10 currency, will shift into a sideways trading pattern this year as the domestic economy softens and the… Read more »
Eurozone economic data, led by Germany, continues to show structural weakness. Geopolitical tensions have eased as Iran appears to stand down following one retaliatory strike, which led to an exodus… Read more »
tumbled today, breaking below the upside support line taken from the low of November 29th. The slide also brought the rate below three support (now turned into resistance) barriers and… Read more »