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almmaye

The USD/JPY pair saw a rally last week, but it eventually began to lose steam when it was unable to break through resistance close to 146.00, which resulted in a pullback towards support at 144.94. Should bulls take back control of the market, technical resistance is seen at 147.3. The broken neckline of the double bottom and the RSI bullish divergence support the...

almmaye

August jobs report revealed a still robust labor market, despite some signs of deterioration. As a result, the dollar became stronger than the euro. The EUR/USD has broken several trendlines since its mid-August fakout. The red trendline is a major one. It rejected price last week. The EUR/USD is also testing the 200-day SMA and a 6-month trendline. Upon...

almmaye

Will Gold break or drop? 1-The XAU/USD is testing the resistance of the bearish channel. 2-There is also resistance at 1950: double rejection - Wednesday and Thursday. 3-The medium-term momentum is bearish. 4- There is no RSI bullish divergence. Conclusion: Gold would likely drop to 1900!

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In the absence of any concrete utility to support the token, nothing seems to prevent Pepecoin from falling below the 100 million mark in market cap. Shiba Inu expands into DeFi to support its ecosystem. Speculators will be less patient for PEPE. Developers cashed out and are watching the ship sink! There is no bullish momentum to reject PEPE's price as it...

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On Monday, the bulls returned to the C3.ai stock following the signing of a new contract with a significant branch of the American military.  This development sent the share price of the AI specialist rocketing more than 8% higher so far this week, outperforming the week’s 1% increase in the S&P 500 index. You can now spot a spring pattern after what Lance...

almmaye

This week, Wall Street will focus on Nvidia's quarterly report as investors search for potential catalysts to rekindle the U.S. stock market recovery. In addition to a 6% gain last week, the chipmaker's shares are up 6.66% so far on Monday ahead of Nvidia's quarterly report on Wednesday. NVDA stock just broke out of a local bullish flag. Traders expect it...

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The regulator does not appear to be planning to deny the applications of nearly twelve companies, including ProShares, Volatility Shares, Bitwise, and Roundhill, that have recently filed to introduce Ether futures ETFs, according to a Bloomberg report from August 17 that cited unnamed sources with knowledge of the situation. The ETH/USD bounced off the bearish...

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European stocks fell on Friday as concerns about monetary tightening and slowing global growth prevented investors from making any significant purchases and encouraged them to lighten their positions. Investors digested the most recent round of economic data from Europe and the United States in addition to determining the likely interest rate trajectory of central...

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“What if Bitcoin's dominance is starting to take the shape of a Bull Flag?” Top-tier analyst Rekt Capital, known for his astute observations on Twitter, recently shared his thoughts on Bitcoin's hegemony over the cryptocurrency market. He noted that a particular red zone is where Bitcoin's dominance is currently being retested. The well-known trader then...

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USD/CAD hasn’t changed much on Friday, but the 200-Day Moving Average is still under bullish pressure. After forming a double bottom in July, the #USDCAD broke into the bullish flag again.