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Summary

The price reacts at certain chart levels in the day and we can enter at optimum areas.

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Editors’ Picks

AUD/USD stays defensive below 0.6650 amid China slowdown worries

AUD/USD stays defensive below 0.6650 amid China slowdown worries

AUD/USD stays weak below 0.6650 in Asian trading on Tuesday, undermined by mounting worries over China's economic slowdown. The Aussie shrugs off small rate cuts by the PBOC and a subdued US Dollar. Pre-US earnings results caution also weighs on the pair. 

AUD/USD News

USD/JPY extends losses toward 156.00, as risk-off mood returns

USD/JPY extends losses toward 156.00, as risk-off mood returns

USD/JPY accelerates declines toward 156.00 early Tuesday. The Japanese Yen stays bid as risk-off flows return in the Asian session, sustaining the US Dollar weakness-driven downside in the pair. The pair looks to Japanese verbal intervention and mid-tier US data. 

USD/JPY News

Gold price moves away from over one-week low, climbs back above $2,400 mark

Gold price moves away from over one-week low, climbs back above $2,400 mark

Gold price extended its recent corrective slide from the record high touched last week and fell to a more than one-week trough on Monday. US President Joe Biden's withdrawal from the 2024 Presidential election increased the chances of Donald Trump becoming the next US President, raising hopes of a looser regulatory environment.

Gold News

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin finds support around the $67,000 level

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin finds support around the $67,000 level

Bitcoin and Ripple prices are holding steady around their respective weekly and daily support levels, hinting at an imminent rally. Meanwhile, Ethereum is encountering resistance at the $3,530 mark; a decisive close above this level would signal a bullish breakthrough.

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Earnings review

Earnings review

In recent years, the focus has been on the Magnificent 7, particularly Nvidia’s monster earnings reports, which have dominated the market. While Nvidia’s results are still extremely important for overall sentiment, there is a hope that sales growth and revenues can pick up across a broad range of global markets and sectors.

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