<p>Ethereum has started the week under mild downside pressure after being strongly rejected from the $150.00 resistance level on Friday. ETHUSD sellers could test back towards the $105.00 level if a confirmed breakout below the pivotal $125.00 support level takes place. A strong move above the $150.00 level could see the ETHUSD pair rallying
BTCUSD Vulnerable Below $6,400
<p>Bitcoin could see a strong downside correction this week after the number one cryptocurrency was forcefully rejected from the $7,000 level. Short-term BTCUSD sellers may test towards the $4,900 level if a breakout below the $5,500 support level takes place. Gains above the $7,000 level will likely see bulls testing towards the $7,800 and p
Currencies: USD Rally Taking A Breather Going Into The Weekend
<p>Rates: German 10-yr yield tests -0.15 resistance Peripheral bonds rallied yesterday after the ECB’s additional €750bn QE announcement, but ended off their best intraday levels. The German 10-yr yield tested -0.15% resistance as the German government is slowly moving in the direction of loosening fiscal rules. Will we get a G7 wee
EUR/USD Turning Up
<p>Pivot (invalidation): 1.0650 Our preference Long positions above 1.0650 with targets at 1.0780 & 1.0830 in extension. Alternative scenario Below 1.0650 look for further downside with 1.0600 & 1.0560 as targets. Comment The RSI is bullish and calls for further upside.</p> <p>The post <a rel="nofollow" href
New Zealand: RBNZ takes a necessary step – Westpac
This morning the Reserve Bank of New Zealand (RBNZ) announced that it will begin large-scale purchases of government bonds, analysts at Westpac Instit
Gold flirting with daily lows, near $1490 region
Gold held on to its weaker tone through the early European session on Monday and is currently placed near the lower end of its daily trading range, be
Brazil: Policy rate at 5.00% by end 2021 – Rabobank
The BRL posted on Thursday an all time low of 5.1084 per USD. Strategists at Rabobank analyze the outlook for the Brazilian economy. Key quotes “We ke
Coronavirus: USD will strenghten further in the near-term – Danske Bank
Thomas Harr, PhD, Global Head of FI&C Research at Danske Bank, analyzes the depth of the current recession, the chance that it will be short-lived and
New Zealand: RBNZ announces huge QE – ANZ
This morning the RBNZ announced that it would conduct large-scale asset purchases of New Zealand Government bonds (‘QE’), following similar moves by g
GBP/USD: Failing to stage a significant recovery
GBP/USD is floating in a low range, failing to stage a meaningful recovery. Monday's four-hour chart is pointing to further losses, as FXStreet’s Yoha