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...
The euro edged higher against the US dollar on Monday, regaining ground above the mid-1.1300s as traders reacted to key technical support holding on the charts. The recovery follows a period of consolidation,...
The New Zealand dollar rose above 0.5950 against the US dollar on Monday, supported by a weaker greenback and renewed optimism surrounding ongoing US-China trade discussions. The kiwi posted modest gains...
The Australian dollar edged higher on Monday, supported by data showing the country’s services sector expanded for a fifteenth consecutive month. The upbeat figures helped reinforce confidence in the domestic...
The British pound hovered near 1.3300 against the US dollar on Monday, supported by sustained optimism around the UK economy and improving global risk sentiment. Despite recent fluctuations in broader...
The euro climbed toward 162.50 against the Japanese yen on Monday, as the Bank of Japan held interest rates steady in line with expectations, reinforcing a widening policy gap between Japan and the eurozone....
West Texas Intermediate (WTI) crude dropped below $58.00 on Monday, pressured by mounting concerns over weakening global demand and uncertainty surrounding Saudi Arabia’s future production plans. The move...
The Australian dollar traded steadily near 92.00 against the Japanese yen on Monday, as markets digested the Bank of Japan’s decision to keep interest rates unchanged amid lingering uncertainty over global...
Gold prices slipped below $3,250 on Monday, pressured by renewed optimism surrounding a potential US-China trade agreement that tempered investor demand for safe-haven assets. The decline marked one of...
The British pound drifted lower against the US dollar on Thursday, with GBP/USD slipping toward the 1.3300 mark despite a more upbeat tone from US President Donald Trump on trade negotiations with China....
The Australian dollar held steady on Wednesday, buoyed by a stronger-than-expected trade surplus that helped offset broader market uncertainty. The upbeat data reinforced confidence in the domestic economy...
Gold prices in India edged higher on Monday, according to the latest data from FXStreet, as steady domestic demand and a supportive global backdrop helped lift prices. The move comes amid ongoing geopolitical...
The euro climbed toward 162.50 against the Japanese yen on Monday, as the Bank of Japan held interest rates steady in line with expectations, reinforcing a widening policy gap between Japan and the eurozone....
The Australian dollar traded steadily near 92.00 against the Japanese yen on Monday, as markets digested the Bank of Japan’s decision to keep interest rates unchanged amid lingering uncertainty over global...
The US dollar hovered near its year-to-date low against the Canadian dollar on Monday, with the USD/CAD pair struggling to hold above the 1.3800 level amid continued weakness in the greenback and firm...
The British pound drifted lower against the US dollar on Thursday, with GBP/USD slipping toward the 1.3300 mark despite a more upbeat tone from US President Donald Trump on trade negotiations with China....
The New Zealand dollar inched higher on Tuesday, with the NZD/USD pair rising above the 0.5900 level, as hopes for progress in US-China trade negotiations helped lift overall risk sentiment in the currency...
The Japanese yen traded in a narrow range on Tuesday, with the USD/JPY pair holding steady as investors remained cautious ahead of the Bank of Japan’s (BoJ) upcoming policy announcement. Market participants...
The Australian dollar held steady on Wednesday, buoyed by a stronger-than-expected trade surplus that helped offset broader market uncertainty. The upbeat data reinforced confidence in the domestic economy...
The Japanese yen continued to weaken on Monday, as investors favored riskier assets amid improving market sentiment and kept a close watch on the Bank of Japan for policy direction. The currency traded...
The Australian dollar remained firm on Monday, defying a broadly steady US dollar as traders looked ahead to the release of the US Personal Consumption Expenditures (PCE) Price Index, a key inflation gauge...
Toncoin, the native cryptocurrency of the TON blockchain, is setting ambitious goals to reach a $10 billion market capitalization as it gains traction in the digital asset space. The surge in interest...
XRP, the native cryptocurrency of Ripple Labs, has failed to see a significant rally, even after Ripple’s decision to drop its cross-appeal against the U.S. Securities and Exchange Commission (SEC). The...
Bitnomial, a leading cryptocurrency futures exchange, has launched XRP futures contracts in the U.S. following the dismissal of a major lawsuit with the Securities and Exchange Commission (SEC). This move...
A prominent crypto investigator has raised alarms over the activities of a whale shorting Bitcoin on the Hyperliquid platform, branding the individual a cyber criminal due to concerns over potential market...
Solana has removed a widely criticized advertisement following intense backlash over its portrayal of gender dynamics in the crypto space. The campaign, which was intended to promote the blockchain’s growing...
Ethereum developers have delayed the launch of the Pectra upgrade, opting to introduce a new testnet, Hoodi, to ensure stability before the mainnet deployment. The decision reflects the network’s cautious...
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,...
XRP continues its upward momentum, posting significant gains even as investors lock in $2 billion in realized profits. The cryptocurrency’s rally defies selling pressure, signaling strong market demand...
The U.S. Securities and Exchange Commission (SEC) staff has clarified that meme coins are not classified as securities, likening them to collectibles rather than investment contracts. The statement provides...
The U.S. Securities and Exchange Commission (SEC) has clarified that meme coins do not fall under federal securities regulations, providing a key distinction between these speculative digital assets and...
Futures for the Dow, S&P 500, and Nasdaq remained mostly unchanged today as Wall Street prepares for the Federal Reserve’s next move on interest rates. Traders are keeping a close eye on the...
Oil prices have fallen back slightly after a surprising 30-day energy ceasefire agreement between the United States and Russia. The deal, which was reached in an effort to de-escalate tensions and stabilize...
Asian stocks advanced as investors grew optimistic about China’s economic outlook, boosting regional sentiment despite a slight decline in US futures. Markets across Japan, Hong Kong, and South Korea saw...
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...
Oil prices climbed back above $66 per barrel, supported by a softening US dollar that made crude more attractive for international buyers. The rebound comes after a period of weakness driven by concerns...
Crude oil prices edged lower as concerns over the economic impact of trade tariffs weighed on market sentiment, raising fears of weaker global demand. Investors remain cautious amid ongoing discussions...
Oil prices fell sharply as West Texas Intermediate (WTI) crude dropped below $65.50 per barrel, reflecting growing concerns over weakening global demand. The decline comes amid fears that slower economic...
Oil prices continued their decline as investors remained wary of the potential economic fallout from trade tariffs. Concerns over slower global demand and trade restrictions have pressured crude markets,...
West Texas Intermediate (WTI) crude remains under pressure near $66 per barrel, as uncertainty surrounding global trade tariffs and rising U.S. stockpiles weigh on market sentiment. The oil market continues...
West Texas Intermediate (WTI) crude slipped below $66.50 per barrel, pressured by a larger-than-expected build in U.S. crude inventories and renewed trade concerns following U.S. tariff moves. The decline...
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...
Binance media visibility plunges as Trump excludes BNB from crypto reserve—What’s next for its price?
Binance’s media traction has plummeted by 103% following reports that former U.S. President Donald Trump has excluded Binance Coin (BNB) from his proposed crypto strategic reserve. The sudden shift in...
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...
Euro weakens as renewed tariff concerns pressure market
The euro lost ground against the U.S. dollar on Wednesday as renewed trade tensions cast a shadow over the European economy. Investors grew cautious after fresh tariff threats resurfaced, fueling uncertainty...
EUR/USD dips as tariff concerns pressure investor sentiment
The euro weakened against the U.S. dollar as renewed concerns over trade tensions weighed on market sentiment. Investors grew cautious after fresh tariff threats resurfaced, raising fears of potential...
British pound steadies as traders assess key support against the dollar
The British pound remains in a tight range against the U.S. dollar, hovering near significant technical levels as traders weigh economic data and central bank expectations. Market participants are closely...
Euro struggles to regain ground as dollar strength keeps pressure on EUR/USD
The EUR/USD pair remains under pressure, failing to reclaim the 1.0500 level as the trading week begins. Persistent dollar strength and cautious market sentiment are keeping the euro from mounting a meaningful...
MicroStrategy’s Saylor ramps up Bitcoin investment with $2B buy after proposing new reserve model to SEC
MicroStrategy co-founder Michael Saylor has doubled down on his Bitcoin bet, purchasing another $2 billion worth of BTC after presenting an ambitious $81 trillion ‘Bitcoin strategic reserve plan’ to the...
Litecoin eyes rebound as whale accumulation offsets Franklin Templeton-driven sales
Litecoin (LTC) is showing signs of potential recovery as large investors, often referred to as “whales,” accumulate over $500 million worth of LTC, counteracting recent selling pressure triggered...
Crypto markets surge as Bitcoin reclaims $97K, Litecoin, Binance, and Solana lead the charge
Bitcoin climbed back above $97,000, fueling bullish momentum across the crypto market, while Litecoin, Binance, and Solana took center stage with notable developments and price movements. The rally reflects...
XRP jumps 6% as SEC recognizes ETF filings from major asset managers
XRP surged 6% after the U.S. Securities and Exchange Commission (SEC) acknowledged ETF filings from CoinShares, Canary, and WisdomTree, fueling optimism about the potential approval of an XRP exchange-traded...
The British pound remains in a tight range against the U.S. dollar, hovering near significant technical levels as traders weigh economic data and central bank expectations. Market participants are closely...
The EUR/USD pair remains under pressure, failing to reclaim the 1.0500 level as the trading week begins. Persistent dollar strength and cautious market sentiment are keeping the euro from mounting a meaningful...
The EUR/USD pair traded flat on Monday as market activity remained subdued due to a holiday-thinned session. With U.S. markets closed for Presidents’ Day, liquidity was limited, keeping major currency...
The USD/CAD pair remains under pressure, struggling to gain momentum below 1.4200, as traders weigh economic uncertainties and shifting market dynamics. The currency pair is hovering near the lower boundary...
The GBP/USD pair advanced on Thursday, gaining momentum as improved risk appetite pressured the U.S. dollar. Investors moved away from safe-haven assets, boosting demand for the British pound amid shifting...
The New Zealand dollar gained traction against the U.S. dollar, with NZD/USD attempting to reclaim its 20-day simple moving average (SMA) amid shifting market sentiment. The currency pair has shown resilience...
The EUR/USD pair declined for a third consecutive session, weighed down by renewed tariff concerns that have dampened investor sentiment. The euro struggled against the dollar as fears of potential trade...
The EUR/USD pair remained under pressure as investors braced for the latest U.S. Non-Farm Payrolls (NFP) report, a key indicator of labor market strength and potential Federal Reserve policy moves. Traders...
The British pound lost ground against the U.S. dollar after the Bank of England cut interest rates, signaling a shift in monetary policy that weighed on investor sentiment. The GBP/USD pair retreated following...
The EUR/USD pair is attempting to recover, but faces significant resistance as it tries to regain the key 1.0500 level. Despite a brief rebound driven by easing market pressures, the euro’s upside momentum...
Solana rises on ETF optimism despite concerns over $3 billion token unlock
Solana (SOL) extended its gains as ETF speculation fueled investor confidence, pushing prices higher...
Ethereum faces volatility risk as record-high CME shorts signal bearish sentiment
Ethereum’s price could experience heightened volatility as institutional short positions on CME futures...
Ethereum faces resistance near $2,817 as Pectra testnet launch nears
Ethereum is struggling to gain momentum ahead of key resistance at $2,817, with traders closely watching...
Ethereum falls below $2,800 as network raises gas limit above 30 million units
Ethereum (ETH) slipped below $2,800, reacting to the recent increase in its network gas limit beyond...
Binance Coin Surges Past $600 Amid Rising Crypto Market Activity
The Binance Coin (BNB) rebounded sharply, climbing above the $600 mark as renewed crypto market activity...
Ethereum rally gains momentum as Danny Ryan’s leadership boosts investor confidence
Ethereum’s price is surging toward $4,300, fueled by growing optimism around its ecosystem and the community’s...
Solana price forecast: Bulls secure $200M in leverage following a three-day losing streak.
Solana traders ramped up bullish bets with $200 million in leveraged positions, signaling confidence...
Ethereum price outlook: ETH may surge 35% as February’s historical trend draws in investors
Ethereum is poised for a significant rally, with market analysts pointing to historical trends that suggest...
Ethereum Price Forecast: ETH Faces 25% Drop Amid Crypto Market Slump
Ethereum, the second-largest cryptocurrency by market capitalization, faces a potential 25% decline as...
Bitcoin Price Forecast: BTC Slips Below $99K, Erasing $860 Million
Bitcoin’s price fell below the critical $99K level, triggering a sell-off that wiped nearly $860...
SPX Climbs Higher Amid DeepSeek Market Influence
The S&P 500 has recently achieved new all-time highs, yet underlying market dynamics suggest potential vulnerabilities. Despite these record levels, the ascent has been accompanied by notable weaknesses...
SP500 Poised for Movement Between 6,400 and 6,500
The S&P 500 is setting its sights on a milestone range of 6,400 to 6,500, fueled by renewed investor optimism and robust market fundamentals. Analysts point to stronger-than-expected corporate earnings,...
SP500 Set to Reach 6,400-6,500 Range
The S&P 500 is poised to reach a new high of 6,400-6,500, driven by investor optimism and a resilient economic outlook. Analysts point to robust earnings in key sectors, a steady labor market, and...
Gold Price Outlook: XAU/USD Eyes Historic Highs
The gold price (XAU/USD) continues its upward momentum, drawing closer to record highs as market uncertainties drive investors toward safe-haven assets. Persistent concerns over global economic growth,...
Trump Greenlights Oil Drilling in US Waters, Overturning Biden’s Policy
Former President Donald Trump has announced plans to reverse Biden-era restrictions on offshore oil drilling, opening vast stretches of US waters to exploration. The move, which underscores Trump’s energy-first...
Gold Market Outlook: XAU/USD sees some selling below $2,700, focus on Trump’s swearing-in.
Gold prices slipped below $2,700 as traders reassessed risk sentiment ahead of President-elect Donald Trump’s inauguration. The metal saw some selling pressure amid a modest recovery in the U.S....
Gold Outlook: XAU/USD targets record highs
Gold prices are on the rise, with XAU/USD inching closer to its all-time high as investors remain bullish on the precious metal. The momentum stems from growing speculation that central banks may adopt...
SPX – Market Experiences Poor Breadth
The S&P 500‘s recent performance has highlighted a troubling divergence in market participation. Despite the index’s rally, the gains are being driven by a narrow group of mega-cap stocks,...
Silver's Moment to Shine Arrives: Prepare Yourself
Silver is capturing attention as economic uncertainty drives investors toward safe-haven assets. Analysts note a surge in demand for precious metals, with silver standing out due to its dual role as both...
Oil Markets: Prepare for Higher Volatility in 2025
The oil markets are set for increased volatility in 2025, driven by fluctuating global demand, geopolitical tensions, and evolving energy policies. Analysts suggest that uncertainties surrounding economic...
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