Dogecoin and Shiba Inu hold key support levels, signaling potential for short-term recovery.
On-chain metrics point to bullish momentum, with positive funding rates and increased dormant activity.
Technical...
Dogecoin and Shiba Inu hold key support levels, signaling potential for short-term recovery.
On-chain metrics point to bullish momentum, with positive funding rates and increased dormant activity.
Technical indicators suggest potential double-digit upside for both meme coins if support holds.
Dogecoin (DOGE) and Shiba Inu (SHIB) are starting to show early signs of recovery as prices consolidate above critical support zones. A mix of favorable on-chain data and technical strength is boosting the case for a potential upward breakout, with both assets possibly set for notable gains if momentum...
U.S. Treasury Secretary Bessent pushed back against fears of a persistent inflation cycle, arguing that current economic conditions do not indicate a self-reinforcing surge in prices. The statement comes...
The Australian dollar (AUD/USD) remains stable, but downside risks are emerging as concerns over economic growth and global market conditions weigh on sentiment. Despite maintaining a steady position,...
The New Zealand dollar (NZD/USD) extended its gains above 0.5700, benefiting from renewed pressure on the U.S. dollar as concerns over economic growth weighed on investor sentiment. The shift comes amid...
China’s central bank set the yuan’s daily reference rate against the U.S. dollar at 7.1738, marking a slight increase from the previous 7.1728. The move comes as investors closely monitor Beijing’s currency...
XRP saw modest gains as investors monitored the latest developments in Ripple’s long-running legal battle with the U.S. Securities and Exchange Commission (SEC). With the case approaching its final phase,...
The People’s Bank of China (PBOC) set the yuan’s daily reference rate at 7.1728 per dollar, slightly weaker than the previous 7.1696, as policymakers continue to manage currency stability amid shifting...
The New Zealand dollar extended its gains against the U.S. dollar, nearing the 0.5750 mark, as risk sentiment improved ahead of key U.S. inflation data. Investors are positioning cautiously before the...
West Texas Intermediate (WTI) crude inched higher, approaching $67.50 per barrel, as tightening U.S. inventories fueled renewed buying interest. Supply constraints and expectations of sustained demand...
The euro edged lower against the U.S. dollar after hitting recent highs, as traders eased up on bullish bets amid shifting market sentiment. The currency pair had rallied in previous sessions, supported...
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 7.1696, a modest strengthening from the previous 7.1741, signaling a measured approach to currency management as the yuan remains under...
The Indian rupee weakened against the US dollar on Thursday as investors positioned ahead of India’s GDP data release, with traders bracing for potential volatility. The dollar gained strength, supported...
The EUR/USD pair fell below 1.0400 on Wednesday, pressured by renewed US-EU trade tensions and broader dollar strength. Investors grew cautious as discussions over tariffs and trade imbalances between...
The Japanese yen retreated from its intraday highs on Wednesday, giving up earlier gains as the US dollar regained strength amid steady Treasury yields and shifting risk sentiment. While the yen initially...
The EUR/JPY pair fell below 155.50 on Wednesday as cautious remarks from Bank of Japan (BoJ) Deputy Governor Shinichi Uchida fueled speculation over the central bank’s next policy move. Traders reacted...
The Australian dollar fell sharply on Wednesday, extending its losing streak as the US dollar surged on heightened risk aversion in global markets. Investors flocked to the safe-haven greenback, driven...
The U.S. dollar firmed on Thursday, buoyed by renewed trade tensions as markets reacted to the possibility of new tariffs under Donald Trump’s potential return to office. Investors grew cautious amid speculation...
The People’s Bank of China (PBOC) set the yuan’s daily reference rate at 7.1738 per U.S. dollar, barely changed from the previous 7.1740 fix. The move suggests that the central bank is maintaining its...
The New Zealand dollar weakened against the U.S. dollar, slipping below the 0.5650 level, as renewed tariff concerns dampened investor confidence. Market sentiment turned cautious after reports suggested...
The euro weakened against the British pound as EUR/GBP fell toward 0.8250, pressured by renewed trade tensions after former U.S. President Donald Trump threatened to impose 25% tariffs on European Union...
The Australian dollar tumbled against the Japanese yen as AUD/JPY extended losses below the 94.00 mark, hitting its lowest level since September. The decline comes amid a risk-off sentiment in global markets,...
Bitcoin surged toward $100,000, fueled by market optimism over Donald Trump’s rumored SEC nominee known for pro-crypto policies. The cryptocurrency’s price climbed sharply after reports suggested...
Ripple’s XRP is poised for a potential price rebound, even as the cryptocurrency faces challenges such as a decline in retail activity and the delayed launch of the RLUSD stablecoin. Recent market...
Bitcoin exchange-traded funds (ETFs) are ushering in a new era of investment opportunities, providing both retail and institutional investors with greater flexibility and access to the cryptocurrency market....
Bitcoin whales, the key drivers of the cryptocurrency market, are adopting a cautious stance as the asset’s price consolidates around $96,000. On-chain data reveals a noticeable reduction in large-scale...
Ethereum has gained significant attention in the cryptocurrency market, surpassing expectations as its decentralized finance ecosystem expands rapidly. The altcoin’s recent surge has shifted focus...
MicroStrategy has made a major move in the cryptocurrency market, adding 15,400 Bitcoin to its holdings for a total of $1.5 billion, a significant increase in its Bitcoin portfolio. The latest purchase...
The recent rally in XRP came to an abrupt halt following South Korea’s unexpected declaration of martial law. The move, aimed at addressing escalating political unrest, injected uncertainty into global...
Former SEC Commissioner Paul Atkins has reportedly expressed reluctance to replace current SEC Chair Gary Gensler despite growing calls from certain sectors for a leadership overhaul at the agency. Atkins,...
Bitcoin maintained its position at $95,000, solidifying its dominance in the cryptocurrency market. As the flagship cryptocurrency shows resilience, investors are closely monitoring altcoins like Cardano,...
Bitcoin’s illiquid supply has surged to a new all-time high, nearing 15 million tokens as more investors continue to hold their assets amid ongoing market volatility. The increasing illiquidity of Bitcoin,...
Goldman Sachs analysts are emphasizing the yen’s current positioning as a prime factor for global investors to capitalize on Japan’s stock market. The currency’s weakened state against...
Japan’s stock market in 2024 showed impressive gains in yen terms, driven by a wave of corporate reforms and improved investor sentiment. However, when viewed from the perspective of international investors,...
Japan’s bond market is bracing for its largest issuance in over a decade as the government ramps up borrowing to fund increased fiscal spending. The supply surge is expected to test the market’s...
Asian markets posted gains today, driven by heightened expectations of rate cuts from the Federal Reserve following upbeat economic data from the United States. Investors were encouraged by signals of...
Asian stocks plunged on Wednesday following the Federal Reserve’s signal that future interest rate cuts may proceed at a slower pace than previously expected. This dovish stance triggered selloffs...
Oil prices retreated on Wednesday as a stronger U.S. dollar weighed on the commodity, following the Federal Reserve’s signal of fewer rate cuts in 2024. Brent crude fell by 1.5% to $77.62 per barrel, while...
As global markets brace for the impact of renewed U.S. trade threats, Southeast Asian stocks are gaining attention as a haven for investors. The region’s relatively stable economic outlook and robust...
Asian equities edged lower today as the Federal Reserve signaled fewer interest rate cuts than previously expected in 2024. Major indexes in Hong Kong, Japan, and South Korea posted declines, reflecting...
Asian stocks edged higher as investors kept a close watch on the Federal Reserve’s upcoming policy decisions, which are expected to shape global market sentiment. The MSCI Asia-Pacific Index posted modest...
Asian stock markets showed a mixed performance on Wednesday as investors braced for the Federal Reserve’s final meeting of the year. Japan’s Nikkei 225 rose marginally, buoyed by tech gains, while Hong...
Analysis
Market Sentiment and Strategy: EUR/USD, USD/CAD, Dow Jones
In trading, the allure of following prevailing trends—buying in bullish and selling in bearish phases—is strong. However, seasoned traders often find that unconventional strategies, like contrarian trading, which opposes dominant market sentiments, can unlock significant opportunities. This approach...
Euro FX Analysis: EUR/USD, EUR/CHF, EUR/GBP, EUR/JPY & Weekly Levels
Market Outlook and Sentiment Analysis
In the dynamic realm of currency trading, adopting contrarian strategies can unveil hidden possibilities by deviating from conventional thinking.
IG client sentiment provides valuable insights into the market’s sentiment, especially when analyzing the Euro...
US Dollar Market Analysis: Insights on EUR/USD and GBP/USD Recovery, USD/JPY Stability
The US dollar experienced a minor decline on Monday, though the drop was minimal, likely restrained by a rise in U.S. Treasury yields. Investors took profits following the dollar’s robust performance the previous week. Additionally, many chose not to take significant positions ahead of anticipated...
British Pound Trading Analysis: GBP/USD, EUR/GBP, GBP/JPY
Trading often resembles a game of follow-the-leader, with participants reacting to market movements by following established trends. However, experienced traders leverage contrarian strategies, which can uncover significant opportunities by opposing mainstream market sentiment.
IG client sentiment...
EUR/CHF Sentiment Analysis
EUR/CHF Trader Positions
Source: DailyFX
Retail Sentiment Overview
Currently, 49.76% of traders hold a net-long position in EUR/CHF, resulting in a nearly balanced short to long ratio of 1.01 to 1. Since April 11, 2024, when EUR/CHF was near 0.98, traders have shifted to a net-short stance. Despite...
EUR/USD remains range-bound as markets brace for key U.S. jobs data
The EUR/USD pair traded in a narrow range, with investors staying cautious ahead of the highly anticipated U.S. Non-Farm Payrolls (NFP) report due on Friday. The muted price action reflects market uncertainty, as traders assess how the jobs data could influence Federal Reserve policy and broader currency...
Australian dollar holds firm as trade surplus meets expectations
The Australian dollar remained stable after the country’s latest trade balance data showed a stronger-than-expected surplus of 5.62 billion AUD in January, slightly above market forecasts. The currency’s muted reaction suggests that traders had already priced in steady export performance, with little...
Euro surges against dollar as investors anticipate trade policy shift
The euro made significant gains against the U.S. dollar, driven by growing expectations that trade policies could see a shift in the coming months. Investors reacted to signals that tariff adjustments may be on the horizon, fueling optimism in currency markets and prompting a surge in EUR/USD trading...
Nvidia shares fall below $130 despite 5G deal with Verizon
Nvidia’s stock nosedived below $130, shedding nearly 6% in Tuesday’s session, as investors shrugged off the announcement of a promising 5G partnership with Verizon. The tech giant’s collaboration...
EUR/GBP Elliott Wave forecast: Drop expected from symmetrical pattern
The EUR/GBP pair is forecasted to drop, with Elliott Wave analysis pointing to a decline from the “equal legs” area. This technical indicator, widely used by market analysts, suggests the pair...
Ethereum Outlook: ETH faces staking withdrawal resistance amidst continuous ETF inflows
Ethereum’s price faces downward pressure as increased staking withdrawals offset gains from sustained ETF inflows. Analysts report that while Ethereum exchange-traded funds (ETFs) continue to attract...
EUR/USD Forecast: Consolidation phase near 1.0500 persists
The EUR/USD pair remains locked in a tight range around 1.0500, reflecting ongoing market hesitation as investors await clearer economic signals. With limited volatility, traders are closely monitoring...
US equities climb while Europe lags
US stocks climbed on Tuesday, buoyed by optimism in tech and energy sectors, even as European markets faced headwinds. The S&P 500 rose 0.8%, while the Nasdaq gained 1.1%, driven by strong performances...
EUR/USD Analysis: Pressure builds amid upcoming Federal Reserve meeting
The EUR/USD remains under cautious pressure as traders brace for the Federal Reserve’s upcoming policy announcement. Market sentiment has been dampened by lingering concerns over a potential rate...
Oil: The ultimate test of 2025
WTI crude oil prices fell 0.7%, teetering near the critical $70 per barrel mark, as markets remain under pressure despite OPEC+’s intervention. The cartel opted to delay its planned production increases,...
Can cryptocurrency Dogecoin make you a millionaire in 2025?
Dogecoin, the meme-based cryptocurrency, has sparked renewed debate among investors over its potential for substantial gains. Originally created as a joke, the coin has seen volatile price movements driven...
GBP/USD Analysis: Is it going down?
The GBP/USD pair edged lower during recent trading sessions, reflecting cautious market sentiment and limited liquidity typical of the holiday season. Analysts pointed to mixed economic data from the UK...
Golden Insights: Analyzing Gold’s long-term movements and short-term potential
Gold, a cornerstone of global markets, remains a reliable barometer of economic uncertainty. Recent price movements suggest a mix of investor confidence and caution, with long-term trends driven by central...
No posts found
No posts found
No posts found
No posts found
Advertisement
No posts found
