The Japanese Yen continued to weaken on Thursday, even as economic data showed a positive trend. The Tokyo Consumer Price Index (CPI) increased to 2.2% year-over-year in May, up from April's 1.8%, which marked a 26-month low. In addition, Japan’s Retail Sales (YoY) grew 2.4% in April, accelerating from a downwardly revised 1.1% rise in March and surpassing market...
GBP/USD is on the defensive below 1.2700 in the European morning on Thursday. A broadly stronger US Dollar amid waning Fed rate cut expectations and risk-aversion, keeps the pair undermined ahead of US data and Fedspeak.
organically sexy across chains where devs and prebious founders of projects are at awe.. price is jst a distraction when this sinks in to the rest of the space it may be too late to get volume as price shall be gapping up like SANDBOK & ETHEREUM back in the day Xenomics may just be the new business model moving forward the next halvings of the space
Although central bank buying and strong Asian demand have created a long-term fundamental bullish trend for gold, OANDA:XAUUSD , but uncertainty surrounding the Federal Reserve's monetary policy continues to create large short-term fluctuations, mainly with mixed pressure to strengthen the US Dollar's position. Gold prices rose to a record high above $2,450...
What a year it has been with the main scenario turning around inflation and interest rate cut expectations across the world; To that, we can add the multiple conflicts around the world effecting trade and business. With that being said and with the 2nd quarter coming to an end in the next 30 days, The big picture is taking form and I believe we will soon have some...
AEVO, a new project with 85% of the supply in circulation after the last unlock, can make a pleasant surprise in the medium-long term. Aevo is a decentralized derivatives exchange focused on options, perpetuals, and pre-launch trading.
Hello everyone, let's take a look at the ETH to USDT chart on a one-day time frame. As you can see, the price is currently bouncing off the downtrend line. Let's start by determining the support line and as you can see, the first support in the near future is $3,530, then you can see support at $3,250, and then we have a strong support zone from $3,046 to...
AMSC on the daily chart has went 3X in 7-8 months on the strength of earnings beats and the tailwinds of the AI supertrend. I see this as an excellent swing long trade to hold into the next earnings in 3-4 months. AMSC is currently at its ATH and going higher means no overhead resistance.
MNTS is now contracted with the Pentagon and NASA for space exploration work including satellites and a space station pages.optimallivingdynamics.com Traders and investors reacted in the past day or two. MNTS is currently priced at about 99.9 % of its ATH of about $1250 three years ago. Accordingly, it is a penny stock with a potential 1000X upside. That is...
OANDA:XAUUSD reached a peak of $2,450 in May but has since fallen over 4%. This shift indicates a change in investor sentiment, with bullish investors likely seeking other opportunities. The weakness in gold may persist due to factors like inflation and the US central bank's restrictive stance. Traders watching short positions should pay attention to the $2,335...
BINANCE:WIFUSDT shows quite interesting preconditions for a possible rally. The coin breaks the consolidation resistance and at the same time looks stronger than the market. The coin has been in the consolidation stage for two months. Now the price is breaking the triangle resistance and consolidating above 3.256, which generally determines the medium-term...
OANDA:NZDUSD breaks the bearish trend in early May and confirms the fact that bulls appear on the market. The fundamental background is positive and growth can be considered in the long term. Earlier the price tested a strong descending resistance by a false breakdown. There was no proper reaction in the form of a change of trend or a strong fall....
💎 Ladies and Gentlemen of ParadiseClub! Keep your eyes on #ROSEUSDT as it shows promising signs of a bullish continuation from the demand zone, following a breakout from descending resistance. 💎 A closer look reveals that the Bollinger Bands are tightening, typically a precursor to a significant upward movement. Currently, the price of #ROSE suggests an increased...
This starl chart is looking crazy. İs Starl 1000X Gem? Lets wait and see
EUR/USD rebounded from the 1.08150 demand area and closed in positive territory on Thursday. The pair fluctuates above 1.0830 during the European session as investors remain cautious ahead of key inflation data. The US Bureau of Economic Analysis (BEA) revised the annualized first-quarter Gross Domestic Product (GDP) growth down to 1.3% from the initial estimate...
The EUR/USD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0820, positioned close to the breakout level....
Duplicate idea 3, Smart money has tapped their trendline and shows to be moving up. Smart Money contraction is a value line that they also follow. The green vertical line is a Bank Purchase. I've retraced their manipulation red and green trendlines. Trendlines have a little section like a triangle. Zigzag and trendlines have created it. These red and...
BNB/USD (Binance) price for the past 2 weeks still squeezing inside this ascending triangle pattern. Full send to its ATH after a breakout.