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Month: May 2025

Cryptocurrencies

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.06; (P) 147.79; (R1) 148.21; More… Intraday bias in USD/JPY is turned neutral first. But further rally is expected as long as 142.43 support holds. As noted before, fall from 158.86 could Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8367; (P) 0.8415; (R1) 0.8442; More…. Intraday bias in USD/CHF remains neutral at this point. Strong resistance is expected from 38.2% retracement of 0.9200 to 0.8038 at 0.8482 to limit upside. Break Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3906; (P) 1.3961; (R1) 1.3991; More… Intraday bias in USD/CAD is turned neutral first with current retreat. On the upside, break of 55 D EMA (now at 1.4038) will resume the rebound Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

AUD/USD Daily Report

Daily Pivots: (S1) 0.6395; (P) 0.6437; (R1) 0.6513; More… AUD/USD is staying in range below 0.6511 and intraday bias remains neutral. On the upside, firm break of 0.6511 will resume the rally from 0.5913 to Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

Dollar Rally Stalls, Market Cools, Trade Optimism Tempered by Reality

Global markets showed signs of fatigue overnight as trade optimism gave way to a more cautious tone. In the US, the S&P 500 eked out another gain, turning positive for the year, while DOW lagged Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

Australian wage growth accelerates to 3.4% yoy in Q1, led by public sector

Australia’s Wage Price Index rose by 0.9% qoq in Q1, slightly above market expectations of 0.8% qoq. Public sector saw a stronger 1.0% qoq gain, outpacing the 0.9% qoq rise in private sector. On an Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

Japan’s PPI rises 4% yoy in April, record high for 8th straight month

Japan’s PPI rose 4.0% year-on-year in April, easing slightly from 4.3% yoy in March and matching market expectations. Despite the modest slowdown, the index climbed to a fresh record high of 126.3, marking the eighth Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

Ethereum Regains Momentum: Can the Rally Push It to $3,000?

Key Highlights Ethereum rallied over 25% and cleared the $2,500 resistance. ETH surpassed a key bearish trend line with resistance at $1,820 on the daily chart. Bitcoin price also rallied and surpassed the $102,500 resistance. Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

Dow Jones Dip, S&P 500 & Nasdaq Rise After Inflation Data

The S&P 500 and Nasdaq rose on Tuesday as investors analyzed new inflation data and considered what it might mean for monetary policy. The Dow Jones was however down as much as 318 points before Read more…

By , 5 days ago May 14, 2025
Cryptocurrencies

Elliott Wave Insights: Bitcoin (BTCUSD) Nearing Wave 3 Completion

Since reaching a low of $74,434 on April 7, 2025, Bitcoin (BTCUSD) has surged impressively, climbing in a five-wave impulse structure with an extended (nested) formation. This rally has unfolded in clear stages, as shown Read more…

By , 5 days ago May 14, 2025

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