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Category: Cryptocurrencies

Cryptocurrencies

Technical Outlook and Review

DXY: The DXY (US Dollar Currency Index) chart currently exhibits a bullish overall momentum, indicating strength in the US Dollar. According to your analysis, there is potential for a bullish breakout through the 1st resistance Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

EUR/USD At Risk of Fresh Lows Below 1.0800

Key Highlights EUR/USD is struggling to start a recovery wave above 1.0920. A major bearish trend line is forming with resistance near 1.0900 on the 4-hour chart. GBP/USD is struggling to recover above the 1.2760 Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

WTI oil edges closer to 80 following escalation in Middle East and US troop fatalities

Notable rally is seen in oil markets as the week commences, with WTI crude oil marching towards 80 handle. This rise is largely driven by escalating tensions in the Middle East. Over the past weekend, Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

New Zealand’s goods exports down -8.7% yoy in Dec, imports fall -13% yoy

The New Zealand economy had a significant downturn in international trade during December, with goods exports dropping by -8.7% yoy, amounting to a decrease of NZD 568B, resulting in exports totaling NZD 5.9B. Concurrently, goods Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

ECB’s Knot: Wage growth a missing piece in cooling inflation to target

ECB Governing Council member Klaas Knot expressed confidence in inflation reverting to 2% target in 2025, but pointed out a crucial element that remains uncertain: the alignment of wage growth with this lower inflation expectation. Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

Wall Street to Elon Musk: Get real

It was not a good week for Tesla investors who held onto their shares after Wednesday’s earnings call.  The shares fell 12.1% the next day, though they rebounded slightly on Friday. For the week, Tesla  Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

GBPCAD Wave Analysis

GBPCAD reversed from major resistance level 1.7240 Likely to fall to support level 1.7000 GBPCAD currency pair recently reversed down from the major resistance level 1.7240 (which has been reversing the price from the end Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

EUR50 index Wave Analysis

EUR50 index under bullish pressure Likely to rise to resistance level 4700.00 EUR50 index is under the bullish pressure now after the price broke above the resistance level 4585.00 (which stopped the previous impulse wave Read more…

By , 3 years ago January 29, 2024
Cryptocurrencies

Eco Data 1/29/24

The post Eco Data 1/29/24 appeared first on Action Forex.

By , 3 years ago January 29, 2024
Cryptocurrencies

Iconic Disney World attraction closed, misses its last goodbye

At Florida’s Disney World, only Magic Kingdom represents a large part of the original vision company founder Walt Disney had for theme parks. That’s true in a number of ways including the fact that after Read more…

By , 3 years ago January 28, 2024

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