Japan Industrial Production (YoY) meets forecasts (-1.1%) in April


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EUR/USD struggles below 1.1100 as Italy's political crisis deepens

EUR/USD is trading below 1.1100. Italy's PM Conte has announced his resignation, deepening the political crisis. Tension is mounting ahead of Fed Powell's speech on Friday.

EUR/USD News

GBP/USD jumps above 1.2100 on Merkel's softer approach to the backstop

GBP/USD is trading above 1.2100, up after German Chancellor Merkel said that practical solutions are needed on the Irish backstop. However, the chances for renegotiation are slim.

GBP/USD News

USD/JPY retraces from 3-day top as risk-on takes a breather

The Asian traders look for further details to extend the USD/JPY pair’s previous run-up as a pullback emerges on the chart around 106.60 heading into Tuesday’s European session.

USD/JPY News

Gold: Bearish outside bar reversal favors drop to $1,480

Gold closed well below $1,504 on Monday, validating the bearish outside bar candlestick pattern created on Friday. A bearish outside bar candle occurs when the price action for a specific day falls outside the high and low of the preceding day.

Gold News

Top 3 Price Prediction Bitcoin, Ripple, Ethereum: Planning the next bullish move after consolidating gains

Trading cryptos is not a one-way street – meteoric unstoppable gains belong to the past. Nevertheless, the bullish sentiment seems to prevail. Digital coins advanced on Monday and are consolidating on Tuesday. 

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