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Fundamental Backdrop Overall, EURUSD continues to be a bullish case on the larger timeframe. There are good reasons to believe in a bull case due to the interest rate differential between EUR and USD. Technical Confluences 1. Price is currently hovering around the previous swing high and bullish mom

Photo: Arnab Shome The Russian State Duma has passed a bill on Wednesday legalizing cryptocurrencies in the country and also properly defining them. As reported by local news agency TASS, the legislative body approved the draft bill in the third reading.   In Russia, any digital currency will now

AUD/USD recovered some ground on Monday, ending the day not far below a daily high of 0.7149. Today, the aussie is on the back foot, trading around the 0.7130 mark, down 0.2% on a day. The pair is neutral-to-bullish in the short-term and could break through 0.7200, Valeria Bednarik, Chief Analyst at

Bitcoin price action blows past key technical resistance as BTC/USD jumps 20% in a week Bullish market activity underpins top cryptocurrencies and precious metals as USD weakens The FOMC decision on deck and potential for a US Dollar reversal leaves Bitcoin at risk BTC prices have ripped higher ove

Sterling surges broadly in rather mixed markets today. Rebound in cross against Euro is seen as a major reason for the Pound’s strength. Australian Dollar is following as the second strongest for now, partly listed by cross buying against New Zealand Dollar. Kiwi and Swiss Franc are, on the other ha

Photo: Bloomberg CLSA Premium Limited, a Hong Kong-based forex broker, on Tuesday, has posted the results of the voting on a proposal for winding up of its business, showing a decision against it. In a voting process conducted earlier today in an extraordinary general meeting (EGM), 80 percent of

DAX: Intraday support around 12810.00 Stay on top of the markets with Swissquote’s News & Analysis Pivot (invalidation): 12810.00 Our preference Long positions above 12810.00 with targets at 12948.00 & 13067.00 in extension. Alternative scenario Below 12810.00 look for further downside