GBP/USD rose further to 1.3418 last week but retreated. Initial bias remains neutral this week first. Fall from 1.3675 should have completed at 1.3135 already. Further rise is expected as long as 1.3294 support holds. Above 1.3418 will target 61.8% retracement of 1.3675 to 1.3135 at 1.3469 next. In the bigger picture, price actions from…
xrp-usd Global asset manager Franklin Templeton added $150 million in tokenized fund shares to the XRP Ledger (XRPL). Written by: Olumide Adesina • Saturday, October 24, 2026 • 1 min read • Last updated: Saturday, October 24, 2026 Add an article to your Reading List Register now to be able to add articles to your…
USD/JPY fell sharply last week but recovered after breaching 156.36 support briefly. Initial bias remains neutral this week first. On the downside, firm break of firm break of 156.36 will argue that rebound from 152.87 has completed after failing to sustain above 55 D EMA. Deeper fall should then be seen back to 152.87 low….
SpaceX rebounded from its 52-week lows tested during late summer (~$108–$115 levels in August 2026) Written by: Olumide Adesina • Saturday, October 24, 2026 • 1 min read • Last updated: Saturday, October 24, 2026 Add an article to your Reading List Register now to be able to add articles to your reading list. ”…
EUR/USD stayed in sideway consolidations last week and outlook is unchanged. Initial bias remains neutral this week first, and further decline is expected with 1.1276 resistance intact. . Below 1.1111 will extend larger fall from 1.2081 to 1.0904 fibonacci level. However, firm break of 1.1276 will indicate short term bottoming, and bring stronger rebound to…
Canadian Highlights Markets are ready for a Bank of Canada hike next week after Governor Macklem’s comments on higher inflation last weekend. The actual inflation data have yet to show that higher energy costs have filtered through to broader consumer prices seven months after the initial rise in energy prices. We think that the deterioration…
USDCHF: ⬆️ Buy – USDCHF reversed from key support level 0.8200 – Likely to rise to resistance level 0.8300 USDCHF currency pair recently reversed up from the support zone between the key support level 0.8200 (former strong resistance from the end of July, which stopped the previous correction at the end of September), the lower…
Fed, ECB and BoJ to sit on the sidelines after September hikes. But RBNZ and BoC poised to lift borrowing costs. Inflation data out of the US, Japan, Australia to also be important. UK budget: no surprises would be good news for the Pound. Big Tech earnings gather pace as AI jitters persist. Fed to…
The Fed and ECB are likely to hold rates steady in October, while keeping December hikes on the table. Persistent inflation and resilient growth support further monetary tightening. French bond market tensions could constrain the ECB’s room to raise rates. Lower energy prices and tighter financing conditions could reduce the need for additional hikes next…
US private-sector activity continued expanding strongly in October, with PMI Composite easing from 58.4 to 57.6, but remaining at its second-highest level since March 2022. PMI Services moderated from 58.8 to 57.9, matching expectations, while PMI Manufacturing edged up from 55.9 to 56.0, exceeding the 55.6 consensus and reaching a 53-month high. Manufacturing output growth…