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Month: August 2024

Cryptocurrencies

RBA’s Bullock Says No Rate Cuts Coming, Aussie Soars

The Australian dollar has started the week with slight gains. AUD/USD is trading at 0.6685 in the European session, up 0.24% on the day at the time of writing. Earlier today, the Australian dollar rose Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

Stock Market Today: Stocks mixed with Fed rate path in sharp focus

Check back for updates throughout the trading day U.S. equity futures were mixed in early Monday trading, while the dollar extended gains against its global peers, as investors looked ahead to a weekly that will Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

Crypto Market Attracts Money, But Prices Don’t Rise

Market Picture On Monday morning, the crypto market capitalisation stood at $2.07 trillion, up slightly from $2.05 trillion a week earlier. In the previous two weeks, the market failed to rally above the $2.15 trillion Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

EUR/USD Outlook: Break Above 1.1000 Adds to Bullish Outlook, Limited Dips Should Be Anticipated

EURUSD keeps firm tone at the start of the week and extends gains above psychological 1.10 barrier after registering a weekly close above this level for the first time since late December. Bulls also cleared Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

Gold Surges to Fresh Record High

Gold posts new all-time high on Monday  But oscillators haven’t reached overbought conditions  The divergence suggests that the advance may extend further Gold has been on the rise in the past couple of sessions, storming above the Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

US 500 Index Slips After 10% Recovery

US 500 index rises above long-term uptrend line 200-day SMA still holds well Stochastic and RSI indicate overstretched market The US 500 cash index recovered by almost 10% from the bearish wave that started from Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.26; (P) 191.19; (R1) 191.99; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.14; (P) 162.99; (R1) 163.68; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8507; (P) 0.8523; (R1) 0.8534; More…. Intraday bias in EUR/GBP remains on the downside at this point. Correction from 0.8624 is in progress for 100% projection of 0.8624 to 0.8530 from 0.8591 Read more…

By , 2 years ago August 19, 2024
Cryptocurrencies

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6499; (P) 1.6553; (R1) 1.6586; More… Intraday bias in EUR/AUD remains neutral for the moment. Further rally would remain in favor as long as 1.6740 support holds. On the upside, above 1.6745 Read more…

By , 2 years ago August 19, 2024

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