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Category: Cryptocurrencies

Cryptocurrencies

USD/JPY: Bulls Look for Retest of 2022 High after Consolidation

The USDJPY is consolidating under 2022 high in early Monday, following last Friday’s 0.77% advance that keeps bulls intact for further gains. Last week’s solid US manufacturing and labor data keep the dollar inflated, while Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

USD/TRY: Turkish Lira Weakens Further and Eyes Record Low for Retest

The USDTRY rose to new highest since mid-Dec 2021 on Monday and broke through pivotal Fibo barrier at 16.41 (76.4% of 18.33/10.20) pullback that adds to positive signals. Lira came under fresh pressure after Turkey Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

Apple Stock Gains Ahead of WWDC 2022 Keynote Address With iOS 16, iPad Updates In Focus

Apple’s four-day worldwide developers conference begins today in Cupertino, California with a likely address from CEO Tim Cook at 10:00 am Pacific Time. Apple  (AAPL) – Get Apple Inc. Report shares bumped higher Monday ahead of Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

Stocks Move Higher, Inflation In Focus, Tesla, Apple And Boris Johnson – Five Things You Must Know

Stock futures Move higher on ‘Goldilocks’ bets; Week Ahead: Inflation in focus as Fed meeting looms; Tesla shares jump as Musk U-turns on job cuts; Apple shares gain ahead of developers’ conference keynote and Boris Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

Nikkei hits 2-mth high, ready to extend near term up trend

Riding on broadly positive risk sentiment, Japan’s stock indexes surged to highest level in over two months. Topix finished 0.31% higher while Nikkei rose 0.56%. Among the gainers, air and land transportation shares are lifted by Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

AUD/USD Pair Entered a Short-Term Bearish Zone Below $0.7250

The Aussie Dollar started a fresh decline from the 0.7280 zone against the US Dollar. The AUD/USD pair traded below the 0.7250 support zone to enter a short-term bearish zone. The pair gained pace for Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

Elliott Wave Analysis: Rally on Silver Can Extends Above $23

Silver is still trading in a monthly correction within wave (B)/(2), but bears slowed down after reaching 20.00 support area which is fine as we can count five waves down from 26.20, within extended wave Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

US Equity Futures Point Higher on Tariff Relief Hopes

US stocks stabilized slightly in the futures market after Gina Raimondo, the Commerce Secretary, hinted that the government could remove the tariffs that were implemented by Donald Trump. In the statement, she hinted that steel Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

EURUSD Moves in Narrow Range Around 1.0700

EURUSD is holding within a tight range of 1.0635 to 1.0780 after surpassing of the 20- and 40-day simple moving averages (SMAs). The RSI is moving sideways above the neutral threshold of 50, while the Read more…

By , 4 years ago June 6, 2022
Cryptocurrencies

Gold Gets Rejected, But Bulls Could Retry

Gold faced its second rejection in two weeks around the wall of $1,867 despite inching to a one-month high of $1,874 on Friday, with the price retreating to the $1,850 territory in the aftermath. The RSI Read more…

By , 4 years ago June 6, 2022

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