Euro index recovers; yen index is looking into the abyss
Euro index recovers; yen index is looking into the abyss Last Friday, the Euro index dropped to 1039.0, forming a new monthly low value. On Friday, the yen index rose to 743.5 levels, forming a weekly high there. Euro index chart analysis Last Friday,
EURGBP and EURCHF: EURGBP close to testing Friday’s low
EURGBP and EURCHF: EURGBP close to testing Friday’s low During the Asian trading session, EURGBP tried to hold above the 0.85450 level but failed. EURCHF recovers from Friday’s drop to 0.96776 level. EURGBP chart analysis During the Asian trading session, EURGBP tried to hold
China’s Real Estate Crisis: A $553B Funding Gap
China’s Real Estate Crisis: A £553B Funding Gap Quick Look Developers need about four trillion yuan to complete pre-sold homes, highlighting significant funding challenges. Chinese banks have provided 469 billion yuan in credit to aid home completions, yet this is insufficient against the
Russia-China Copper Deals Skirt Sanctions
Russia-China Copper Deals Skirt Sanctions Quick Look Russian and Chinese firms disguise new copper as scrap to bypass tariffs and taxes. Trade data discrepancies suggest major inconsistencies in reported copper scrap exports. Surge in global copper prices influenced by these manipulative trade practices. The RCC,
AUDUSD and AUDNZD: AUDUSD under pressure below 0.65000
AUDUSD and AUDNZD: AUDUSD under pressure below 0.65000 On Friday evening, AUDUSD retreated to the 0.64551 level, forming a new two-month low there. Last week, we watched the AUDNZD seek support in the 1.08800-1.09000 zone. AUDUSD chart analysis On Friday evening, AUDUSD retreated to
The dollar index is above 106.00, now we expect a pullback
The dollar index is above 106.00, now we expect a pullback On Friday, we saw the dollar index above the 106.00 level for the first time this year. Dollar index chart analysis On Friday, we saw the dollar index above the 106.00 level
USDCHF and USDJPY: USDJPY is near breakout above 154.00
USDCHF and USDJPY: USDJPY is near breakout above 154.00 During the Asian trading session, USDCHF held high above the 0.91400 level. During the Asian trading session, USDJPY broke through last week’s resistance zone at 153.40. USDCHF chart analysis During the Asian trading session, USDCHF
Ethereum price recovers successfully above $3250 level
Ethereum price recovers successfully above $3250 level Ethereum price pulled back below the EMA200 on Friday and initiated a bigger pullback. Ethereum chart analysis Ethereum price pulled back below the EMA200 on Friday and initiated a bigger pullback. So we saw a new
The price of Bitcoin retreated to $61308 on Saturday
The price of Bitcoin retreated to $61308 on Saturday On the chart of Bitcoin, we see how the greater volatility started on Friday with the drop below the $70,000 level. Bitcoin chart analysis On the chart of Bitcoin, we see how the greater
Gold and Silver: Gold pulls back from new ATH at $2431
Gold and Silver: Gold pulls back from new ATH at $2431 On Friday evening, we saw the price of gold at a new all-time high at the $2431 level. The price of silver rose to $29.79 on Friday. Gold chart analysis On Friday evening,