In this article, we analyze the technical outlook for USD/JPY and AUD/USD, taking into account market sentiment and price action dynamics. We also examine key levels that may act as support or resistance later this week.
Blogs
Oil Price Forecast: WTI Prints Double Bottom Pattern. Recovery Incoming?
Oil prices continued to slide for the majority of the Asian and European sessions before finding support at recent lows. Geopolitical risks and technicals hint at recovery in price.
Euro Update: EUR/USD Meets Support, While EUR/GBP Looks to Halt Major Sell-off
The Euro has encountered great difficulty as the currency surrenders ground against a number of G7 currencies as the economic outlook worsens, expected rate cuts accumulate
CAD Price Forecast: Loonie Stalls Ahead of BoC
USD/CAD prices are cautious ahead of US and Canadian economic data with the US dollar possibly looking to make a comeback.
Brazil's Top Bank Enters Crypto Space with Bitcoin, Ether Trading Services
<p>Brazilian largest private bank, Itau Unibanco, has made its foray into the cryptocurrency space. The lender is offering cryptocurrency trading service, initially dealing in Bitcoin and Ether, according to a report by Reuters. Itau Unibanco’s expansion into digital assets is based on the progress of crypto regulations in the Latin American
Adyen to Act as Acquiring Bank for Klarna, Starting 2024
<p>In a move to “simplify payments”, the financial technology platform Adyen, has announced that it is expanding its partnership with Klarna, an AI-powered global payments network. The two companies have worked together for over 10 years, with Adyen offering Klarna's payment methods to its merchant customers.</p><p>Adyen and
MOEX's November Financial Report: FX Market Surges with 136.48% Y-o-Y
<p>Moscow Exchange (MOEX) has released its financial results for November. The exchange witnessed a substantial growth in total trading volumes, reaching RUB 126.1 trillion compared to RUB 74.8 trillion in the same period last year, which signifies a gain of approximately 68.56%.</p><p>November 2023 Financial Highlights</p>&
Cornerstone Predicts FY23 Revenue Above Market Views, Shares Surge
<p>Shares of Cornerstone, a foreign exchange and payments solution provider, surged nearly 35% today (Monday) on the London Stock Exchange following a trading update that suggested their revenue and EBITDA for the fiscal year 2023 (FY23) will be "materially above current market expectations." Although the company did not provide spe
CME Group Achieves Highest-Ever November ADV of 28 Million Contracts
<p>CME Group has released its market statistics for November, highlighting a surge in trading volumes. The marketplace achieved an average daily volume (ADV) of 28.3 million contracts, marking a remarkable increase of 21% from the previous year. </p><p>This surge, the highest-ever recorded for November, was replicated across vario
PIN-UP Global Launches a New Business Line – PIN-UP.INVESTMENTS
<p>The international ecosystem PIN-UP Global, representing a set of businesses in various segments of the gaming industry, launches a new business line – PIN-UP.INVESTMENTS.</p><p><a href="https://pin-up.global/investments/">PIN-UP.INVESTMENTS</a> was created to stimulate the development of technologies and p