TradeCompass: Ethereum Futures Analysis – 14 January 2025Financial Instrument: Ethereum Futures (ETH Futures)Price at the Time of Analysis: 3240Key Levels and Trade Scenarios for Ethereum Futures TodayBullish Above: 3315Why Bullish Above:If Ethereum futures rise above...
Crude Oil Technical Analysis – Eyes on the $80 level
Fundamental OverviewAfter the breakout of the 2-month long range, crude oil has been squeezing higher with an almost 10% rally. The catalyst for the move higher since Friday has been attributed to tougher US sanctions on Russian crude on expected supply disruptions....
Dollar seeks validation to start European morning trade
In case you missed it: Trump's tariff team studying gradual hikes of 2 to 5% per monthIt sort of ties back to this report last week here, as it appears Trump's team is still concocting something on the tariffs front. They are exploring different options before rolling...
Bitcoin Futures Analysis for Today
TradeCompass: Bitcoin Futures Analysis – 14 January 2025Financial Instrument: Bitcoin FuturesPrice at the Time of Analysis: 95800Key Levels and Trade Scenarios for Bitcoin Futures TodayBullish Above: 97365Why Bullish Above:If Bitcoin futures break above 97365, the...
ECB’s Holzmann says hope to hit 2% inflation target by year-end
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Gold Technical Analysis – Focus on the US inflation data
Fundamental OverviewThe price action in gold in the last few trading days has been all over the place. We saw a strange rally following the strong US NFP report and a drop to erase all the gains yesterday despite the lack of key catalysts.We now have the US PPI and...
European indices post a rebound at the open today
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
PBOC says will continue to take measures maintain stability in yuan exchange rate
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
China December M2 money supply +7.3% vs +7.3% y/y expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOJ’s Himino: The likelihood of economy, prices moving in line with forecast is increasing
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOJ’s Himino: Hard to say whether risk to inflation is skewed to upside or downside
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Dip buyers set to be rewarded for their efforts yesterday?
S&P 500 index daily chartThings started off rather poorly for stocks yesterday but dip buyers managed to salvage something by the end of it all. Tech shares were still the laggard but it certainly wasn't as bad as could be from the onset. The S&P 500 somehow...
Japan former FX diplomat Kanda still playing his part on commenting on the yen
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ForexLive Asia-Pacific FX news wrap: USD swing on news, JPY swing on … not a lot
Federal Reserve speakers on Tuesday, January 14, 2025 include Williams, SchmidAkazawa: BoJ's considering rate hike & govmnt aim to exit deflation are not contradictoryEuropean Central Bank's Lane speaking Tuesday, January 14, 2025Goldman Sachs expects more...
FX option expiries for 14 January 10am New York cut
There is just one to take note of on the day, as highlighted in bold.That being for EUR/USD at the 1.0200 level once again. After the story on Trump's team exploring a possible option to only gradually increase tariffs, we're seeing the dollar feel hampered coming...
Federal Reserve speakers on Tuesday, January 14, 2025 include Williams, Schmid
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Akazawa: BoJ’s considering rate hike & govmnt aim to exit deflation are not contradictory
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European Central Bank’s Lane speaking Tuesday, January 14, 2025
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Goldman Sachs expects more stimulus from China to counter Trump tariffs
China plans to implement a variety of stimulus measures to counter the impact of anticipated U.S. tariffs and a continued housing market downturn, according to Goldman Sachs. The investment bank expects the Chinese government to introduce additional monetary and...
Bank of England Deputy Governor Breeden speaking on Tuesday, January 14, 2025
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...