Learn more about trading and what’s going on in the markets, with our professional market analysis, including charts and market commentary.
Ethereum approaching key support
Ethereum continues to struggle, and recently broke through short term support levels. It’s now closing in on the key support zone around $1650.
Has the euro rally got legs?
The euro made a strong start to the week on Monday, pushing above the 1.06 handle on the back of hawkish commentary from President Lagarde and other ECB policymakers. There’s little doubt now that the ECB is looking to hike rates as soon as July.
Stock of the week: Alibaba
Alibaba will report earnings on May 26th. Investors will be combing through the details for clues about the tech firm's prospects. Will they do better than e-commerce rival jd.com who recorded a 3 billion yuan loss rather than the estimated 383 million yuan profit?
Bitcoin breaking down?
Bitcoin’s been struggling to gain any ground lately and recent price action has been anything but encouraging for bulls. Bitcoin is trading way below the 20 day moving average, and the 200 day moving average seems like a distant dream for now.
Nasdaq: bear market rally or recovery?
US equities finally found some relief over the past few days. Focusing on the Nasdaq, the fall below the 12,000 level was short-lived and quickly recovered. Price is now re-establishing in the 12,200 to 12,500 zone.