CME Group’s advanced readings for natural gas futures markets noted open interest dropped for the second session in a row on Wednesday, this time by just 188 contracts. In the same line, volume resumed the downside following the previous...
CME Group’s advanced readings for natural gas futures markets noted open interest dropped for the second session in a row on Wednesday, this time by just 188 contracts. In the same line, volume resumed the downside following the previous...
EUR/JPY accelerates the weekly losses and breaches 130.00. Next on the downside comes in the 200-day SMA. The downside momentum in EUR/JPY gathers extra steam and forces the cross to break below the key support at 130.00 on Thursday. The mid-129.00s...
DXY keeps the constructive note despite the ongoing knee-jerk. Further recovery now targets the round level at 93.00 the figure. DXY eases some ground after hitting fresh 3-month peaks in the 92.80/85 band on Wednesday. If the dollar manages to...
EUR/USD bounces off recent lows in the 1.1780 area. The 2020-2021 support line holds the downside so far. EUR/USD manages to find dip-buyers and trades in new 2-day peaks near 1.1850 in the second half of the week. The prospect...
The Nikkei index declined sharply after recent data showed that foreigners were selling Japanese stocks. According to the Bank of Japan, they sold stocks worth more than ¥310 billion in June after selling an additional ¥147 billion in June....
AUD/USD consolidates losses below 100-HMA, weekly horizontal resistance area. MACD conditions back continuation of recovery moves, 200-HMA adds to upside filters. AUD/USD picks up bids to refresh intraday high with 0.7505 level, up 0.08% on a day, as European...
EUR/JPY accelerates the weekly losses and breaches 131.00. Next on the downside comes in the 130.00 neighbourhood. The downside momentum in EUR/JPY picks up extra pace and motivates the cross to break below the key support at 131.00 on Wednesday. The...
DXY keeps the narrow range in the mid-92.00s on Wednesday. Further recovery now targets the 92.70/75 band, July highs. DXY exchanges gains with losses in the 92.50 area amidst alternating risk appetite trends ahead of the FOMC Minutes on Wednesday....
EUR/USD remains under pressure and approaches 1.1800. The breakdown of 1.1800 could expose a deeper pullback. EUR/USD stays depressed and trades on the defensive for the third session in a row on Wednesday. The prospect for further decline picks up...
The euro wavered today after the relatively weak German industrial production data. According to Destatis, the country’s factory output declined by 0.3% in May as the auto industry continued facing a major chip shortage. The sector has declined in...