Cryptocurrencies
Boeing shares are not a buy yet
Few companies may be as miserable right now as Boeing (BA) . The aerospace giant’s shares have fallen 42% this year. The problems with its most popular plane, the Boeing 737 Max, don’t seem to Read more…
Cryptocurrencies
ECB to Cut Rates Despite Plethora of Reasons for a Pause
ECB meets on Thursday; markets expect a 25bps rate cut Lots of reasons for a pause, including the lack of staff projections But the ECB might choose to avoid disappointing the markets The euro could Read more…
Cryptocurrencies
Gold (XAU/USD) Price Outlook: China Sends Mixed Signals Keeping Gold Prices Steady
Gold prices remain steady despite weak Chinese data, Risk-Off Start to the week. Market uncertainty and geopolitical tensions are supporting gold’s safe-haven appeal. Key support and resistance levels to watch are identified. Gold prices held Read more…
Cryptocurrencies
AUD/USD: Under Downside Pressure from China’s Weak Inflation
China’s latest set of inflationary data for September increases the risk of a deflationary spiral being entrenched. China policymakers continued to use rhetoric to push out new fiscal stimulus policies but lacked details in terms of Read more…
Cryptocurrencies
EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations
EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve’s monetary policy. The probability of a 25-basis-point rate cut by the Fed Read more…
Cryptocurrencies
USD/JPY: Holding Above Broken Fibo Level Keeps Bulls in Play for Possible 150+ Acceleration
USDJPY remains constructive and pressuring the top of recent consolidation range in early Monday trading. The second weekly bullish close, with long tailed last week’s candle, suggests that bulls hold grip for attack at psychological Read more…
Cryptocurrencies
BTCUSD – Fresh Bulls Broke Through 200DMA Which Capped Action for Two Weeks
BTCUSD regained traction on Monday and resumes bull-leg off 58850 (Oct 10 low) after two-day pause. Fresh advance broke through 200DMA (63302) which capped the action in past two weeks, advancing around 3.5% during Asian Read more…