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USDJPY dips below the 100 hour MA but not for long (again)

Technical Analysis

Dips below the rising 100 hour MA have been short lived this week The USDJPY just dip below its 100 hour moving average as yields moved back down and stocks seemed to be getting off to a “sell the higher open” start. However, the dip below the MA line at 109.189 was short lived (so far at least).

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April US ISM services index 62.7 vs 64.1 expected

News

April ISM service sector data Prior was 63.7 New orders 63.7 vs 67.2 prior Prices paid 76.8 vs 74.0 prior (highest since at least 2008) Employment 58.8 vs 57.2 prior Full report The market would have been leaning towards a higher number after the surprise jump in the Markit survey but instead orders are a

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Polkadot parachains full of promise, but lack of launch date raises concern

Blockchain

Polkadot’s parachain auctions will mark the most significant milestone on its roadmap since the mainnet launch in 2020. Currently in the testnet on the Rococo network, the next stage of the launch will involve the rollout of parachains on Polkadot’s crazy cousin, the “canary network” Kusama. The rollout of Polkadot parachains on the main network

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Gold steady near Rs 46,900/10 gm, silver dips below Rs 69,400/kg: Time to take positions?

News

Domestic gold prices held steady near Rs 46,900 per 10 grams on Wednesday as a rising dollar made the yellow metal less appealing for holders of other currencies. MCX gold futures for June 4 delivery traded nearly unchanged at Rs 46,879 per 10 grams at the last count, down by Rs 8 on the day,

Gold steady near Rs 46,900/10 gm, silver dips below Rs 69,400/kg: Time to take positions? Read More »

Canadian Dollar Higher With Commodity Currencies, Euro Weakens

News

Commodity currencies continue to trade as the stronger ones entering into US session. In particular, Canadian is helped by extended rally in oil prices. New Zealand Dollar continues to receive support from better than expected job data. Overall sentiments are positive with European stocks staging a rebound, while US futures point to recovery. Euro is

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Amazing Price Action Trading Strategy No Loss || Pure Price Action || Trade Like A Pro

USDJPY dips below the 100 hour MA but not for long (again)

April US ISM services index 62.7 vs 64.1 expected

Polkadot parachains full of promise, but lack of launch date raises concern

Gold steady near Rs 46,900/10 gm, silver dips below Rs 69,400/kg: Time to take positions?

Canadian Dollar Higher With Commodity Currencies, Euro Weakens