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EUR/GBP is breaking back inside a medium-term range after briefly breaching to the upside. The pair is extending its sideways trend and could fall all the way back down to the range lows. The UK Unemployment Rate climbed to 4.3% in the three months to March from 4.2%, as expected. The markets are largely pricing in the ECB rate cut as early as next month, with...

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Factors affecting the AUD/JPY rate include general economic indicators, such as information on employment, inflation data, retail sales, industrial production, trade balance and the release of GDP data, as well as the central bank decisions regarding the interest rates in both countries. Political events, natural disasters and various government policies can...

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Avalanche is a layer-one blockchain known for its speed and low-cost transactions, positioning itself as a strong competitor to Ethereum. The recent developments and strategic advancements in its network have bolstered its potential for significant growth. The current bullish sentiment in the crypto market, coupled with strategic investments in the altcoins,...

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In the U.S., consumer inflation data for April showed a slower-than-expected increase, reinforcing market expectations for potential interest rate cuts by the Federal Reserve. The consumer price index (CPI) rose by 0.3% in April, down from 0.4% in March, and the year-on-year increase slowed to 3.4%. This data, coupled with flat retail sales, suggests cooling...

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here is an opportunity for following and upon breaking of static trendline we will enter toward target .please follow this case and see the result and we will update for further confirmation .tnx

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upward break is more probable than other scenarios ,so waiting for this break for going toward its tp's . this analysis is based on fibo level and price action and ichimikou indication . please share your comments if you like

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Due to the unstable exchange rate of the Turkish national currency, the movements of the EURTRY pair are subject to strong fluctuations both in the short and medium-term. Movements of this trading instrument per day can reach 500-700 points, which significantly exceeds the daily fluctuations of most major pairs. With this in mind, you can successfully trade the...

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The pair is sensitive to relative monetary policy expectations for the Federal Reserve vs. the Riksbank, Sweden's central bank. The Dollar has also acted as a safe-haven asset at times of market stress, meaning the USD/SEK exchange rate can be sensitive to swings in broad-based investor sentiment trends. Sweden is also a prolific exporter to the UK and the...

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Bitcoin Cash (BCH) is a crypto asset running on its own blockchain network. The main Bitcoin blockchain underwent a hard fork in 2017 after disputes among the community regarding technical aspects of its makeup. The fork resulted in two different blockchains and native assets: BTC on the original Bitcoin blockchain and BCH on a new Bitcoin Cash blockchain. Both...

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The Bitcoin market has been very positive in the early hours on Wednesday, as the market continues to pay close attention to the crucial $60,000 level underneath. Ultimately, this market looks as if it is trying to build a case for higher levels. That rounding bottom of course, could be indicative of traders trying to buy into every short term pullback. That gives...

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SP500 gains ground as traders react to the Initial Jobless Claims report, which showed that 231,000 Americans filed for unemployment benefits in a week. Analysts expected that Initial Jobless Claims would increase from 208,000 to 210,000, so the report missed expectations. Treasury yields moved lower as bond traders bet that the potential slowdown in the job...

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Copper prices were seen breaking out to their highest levels in two years today. A combination of a weaker US Dollar and developments within the Chinese macro backdrop have helped fuel a fresh wave of buying. Copper futures are now up around 30% off the YTD lows and look poised for further gains with price now trading at fresh YTD highs. The rally in copper prices...

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dxy is currently bearish toward 104.89 but upon reaching to this level will decide which way go if break 104.89 will go down further if hold 104.89 and can not break the level will up toward previous high but key points: Weak labor market data has fueled speculation among investors about potential Federal Reserve rate cuts later this year. Market sentiment is...

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AUD/CAD is a so-called commodity currency pair is heavily reliant on commodity prices around the world. While Australia is the world's biggest exporter of iron ore, coal and aluminium oxide and one of the biggest exporters of petroleum gas and gold, Canada depends on its exports of crude oil, gold, sawn wood and raw aluminium. Any major price fluctuations of...

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Key Points: The SEC has said that Ripple should pay close to $2 billion in fines for selling XRP to institutional investors. Ripple has argued that that figure should be closer to $10 million. The SEC and Ripple have been battling in court for years after the SEC accused the firm of raising $1.3 billion through the sale of XRP, which it says is an unregistered security

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Looking ahead, the U.S. Dollar Index is poised for volatility. Key upcoming data, including the personal consumption expenditures price index and Fed Chair Jerome Powell’s Senate testimony, will be critical. If inflation figures remain high, it could signal a more aggressive Fed approach, potentially bolstering the dollar. However, any indications of easing...

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The Asian markets tracked the US equity markets into negative territory. The Middle East conflict continued to weigh on market risk appetite. Fears of a wider regional conflict impacted the US equity markets on Friday. A pullback in 10-year US Treasury yields failed to calm the markets, with yields remaining elevated by historical standards. On Friday, the Dow...

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In the immediate future, gold’s trajectory seems uncertain, swayed by the opposing forces of geopolitical tension and economic fundamentals. Although the market anticipates the Federal Reserve to continue its rate hikes, these could be balanced out by developments in the Middle East and upcoming economic data. Therefore, traders should brace for continued...