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Category: Cryptocurrencies

Cryptocurrencies

USD/JPY Looking for Direction

The Japanese yen continues to show volatility but has closed right where it started over the past few sessions. USD/JPY is trading at 153.65 in the European session, up 0.04% on the day. The yen Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

USDSGD Elliott Wave: Calling the Decline From the Extreme Zone

Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of USDSGD Forex pair , published in members area of the website. As our members know, Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

GBP/USD Outlook: Bears Resume After a Brief Consolidation

Cable fell further at the beginning of the week, after larger bears paused for consolidation on Friday. Current bets show 60% chance of BoE rate cut at Thursday’s policy meeting, which continues to weigh on Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

Natural Gas Finds Support. But for How Long?

On 21 June, we wrote that the trend in the market was weakening, noting that: → Forecasts of a hotter summer, published during April-May, led to a sustained bullish trend in the natural gas market. Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

BTC/USD Analysis: Price Rises Following Trump’s Statements

In our analysis of the long-term BTC/USD chart on 22 July, we noted that: → From a long-term perspective, Bitcoin’s price is moving within an ascending channel (shown in blue); → On a shorter-term scale, Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

Crypto Market Gains on Heavyweights

Market picture The crypto market cap has returned to its peak, which reached around $2.49 trillion a week ago, adding 3.3% in the last 24 hours. At this stage, the top coins are the lifting Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

Stock Market Today: Stocks gain amid ‘make-or-break’ week for markets

Check back for updates throughout the trading day U.S. equity futures moved modestly higher Monday as investors headed into perhaps the most important week of the year for global markets, with a plethora of blue Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

AUD/USD Gains Amid Anticipation for Key Economic Data

The AUD/USD pair is climbing towards 0.6552 on Monday. The Australian dollar is bouncing back from a 12-week low as investors await Australian inflation data. In the past two weeks, the AUD, in the currency Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

WTI Outlook: Oil Price Rises on Growing Geopolitical Tensions But Still Holding Under Key Resistances

WTI oil opened with gap higher on Monday, as supply worries rose after the latest escalation of the conflict in the Middle East, which threatens of deepening crisis. The price bounced from last week’s low, Read more…

By , 2 years ago July 29, 2024
Cryptocurrencies

Will Fed Signal a September Rate Cut?

Fed sees inflation on a path to remain low Investors expect three 25bps rate cuts by January Fed to keep rates untouched, focus on guidance The decision is published on Wednesday at 18:00 GMT Data Read more…

By , 2 years ago July 29, 2024

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