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Editors’ Picks

AUD/USD: Bulls lack upside conviction at daily resistance

AUD/USD meets critical resistance at a confluence of structure and a 38.2% Fibo. AUD/USD is lacking momentum on the upside which makes for a compelling case for the downside at this juncture. Bears eye a downside opportunity at this juncture. 

AUD/USD News

EUR/USD hovers around 1.1900, a 100 pips run in the cards

EUR/USD managed to post a modest intraday advance on a dull Monday, retaining its positive stance.

EUR/USD News

Gold: Bears ready to pounce following key break of support

XAU/USD bears are lurking at a critical level of resistance. Gold is correcting from a significant area of support as pressures mount in general and the focus can be on an optimal shorting point as price meets a significant area of confluence.

Gold News

ETH awaits imminent jump to $2,400 if key level cracks

Ethereum price hit a new all-time high at $2,203 on April 12 but seems to have formed a robust resistance trendline. However, most on-chain metrics show that ETH is bound for a significant leg up.

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Equity rally at risk ahead of CPI & earnings

After a good week, equities are looking a little more hesitant today, with caution prevailing as markets await the start of US earnings season.

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