The yen sank to a 38-year low against the U.S. dollar and a record trough versus the euro, as the Japanese unit continued its downward spiral, with market participants on high alert for Japanese intervention to boost the currency. The Dollar-Yen pair traded sideways in the last session. The ROC’s is giving a negative signal.USD/JPY […]

Over half of the top American hedge funds have disclosed exposure to newly launched spot Bitcoin ETFs, as BTC/USD has significantly outperformed major stocks and indexes. 13 out of the top 25 United States hedge funds had owned Bitcoin ETFs by the end of Q1 2024. The Bitcoin-Dollar pair plummeted 1.4% in the last session. […]

Amazon shares gained 1.3% in the last session. The MACD is giving a positive signal.Amazon’s stock rose 1.3% in the last session.The MACD is giving a positive signal.Support: 190.6767 | Resistance: 201.5167

The Aussie got a slight bump of 0.1% against the Dollar in the last session. The Stochastic-RSI indicates an overbought market.The Aussie-Dollar pair gained a moderate 0.1% in the last session.The Stochastic-RSI points to an overbought market.Support: 0.6618 | Resistance: 0.6709

U.S. stock index futures edged higher on Monday ahead of manufacturing PMI data, with focus also on U.S. labor market numbers later in the week. Apple shares gained 2.2% in the last session. The ROC is giving a positive signal.Apple’s stock gained 2.2% in the last session.The ROC is currently in the positive zone.Support: 206.6433 […]

The USD Index left behind two consecutive sessions of losses and refocused on the key 106.00 barrier. The Fed’s Chair J. Powell will participate at an event at the ECB Forum in Portugal.