February 4, 2026 8:37 am
Key Moments EUR/GBP has hovered around 0.8620-0.8627 after sliding to fresh five-month lows and breaking support at 0.8645. Eurozone inflation and Services PMI data are expected to underline weak price pressures and slowing services growth, limiting support for the Euro. The pair has violated the neckline of a large Head & Shoulders pattern, with technical […]
Read moreFebruary 4, 2026 7:22 am
Key Moments Brent April futures rose 1.2% to $68.15 per barrel, while WTI gained 1.4% to $63.69 per barrel by 21:01 ET (02:01 GMT). Meanwhile, reports of U.S.-Iran incidents near major shipping routes increased fears of Middle East supply disruptions ahead of nuclear talks. Additionally, API data showed U.S. crude inventories fell by 11.1 million […]
Read moreFebruary 3, 2026 3:12 pm
Key Moments USD/CHF is trading near 0.7771 within a channel and identified as being in a 4th wave. Strategy anticipates a bounce toward an ATR-based target at 0.7855a, with an extended objective near the R4 level at 0.7870. The pair’s current average daily true range is 88 pips, compared with a 90-day average of 51 […]
Read moreFebruary 3, 2026 2:45 pm
Key Moments March natural gas futures are trading at $3.290, modestly higher after a sharp weather-driven selloff pushed prices below $4.00. Meanwhile, U.S. natural gas output has recovered to 111.6 bcf/day as warmer temperatures ease freeze-offs. Production could approach a record high. Futures have slipped beneath both the 50-day and 200-day moving averages. These technical […]
Read moreFebruary 3, 2026 11:13 am
Key Moments USD/CNY has slipped back below 6.95 as the yuan extends its recent appreciation. Goldman Sachs has adopted a more constructive stance on the yuan, citing stronger policy backing and record FX inflows. The bank has cut its USD/CNY forecasts to 6.90 in three months, 6.80 in six months and 6.70 over 12 months. […]
Read moreFebruary 3, 2026 9:46 am
Key Moments USD/JPY has pulled back sharply from recent highs but continues to maintain its broader medium-term uptrend structure. Price is fluctuating around the 15-day and 20-day moving averages, with the 155.00-155.50 band emerging as a key technical pivot. RSI has bounced from near-oversold territory into the mid-to-high 40s, indicating cooling momentum rather than a […]
Read moreFebruary 3, 2026 8:45 am
Key Moments UOB strategists expect GBP/USD to fluctuate between 1.3640 and 1.3710 after its recent slide. Analysts highlight that selling pressure has eased and note that GBP conditions remain oversold. The view that a pullback could extend toward 1.3570 stands, provided the 1.3755 strong resistance level is not surpassed. UOB Strategists See Limited Downside for […]
Read moreFebruary 3, 2026 8:40 am
Key Moments Bitcoin traded 2.8% higher at $78,558.4, recovering from a drop to $74,635.5, its lowest level since early April. Heavy liquidations of leveraged positions over the weekend, amid thin liquidity, triggered a cascade of forced selling across crypto markets. Regulatory uncertainty persists as White House talks on stablecoin yield rules ended without agreement between […]
Read moreFebruary 3, 2026 7:22 am
Key Moments Brent crude traded at $65.96 per barrel, while U.S. WTI stood at $61.81 by 0623 GMT, with both down 0.5%. Meanwhile, oil extended Monday’s sharp slide of more than 4% after U.S. President Donald Trump said Iran was “seriously talking” with Washington. Additionally, a stronger U.S. dollar, trade news involving India, and Russian […]
Read moreFebruary 2, 2026 3:11 pm
Key Moments Jefferies says Amazon.com, Inc. is trading at 13x NTM EV/EBITDA, 6 turns below its 10-year average and 8 turns below WMT. The firm expects a re-acceleration in Amazon Web Services growth, with backlog potentially rising into the “mid-20s or higher” in the fourth quarter. Jefferies reiterates a Buy rating and $300 price target, […]
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