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 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 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 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 Bank of Japan (BoJ) is widely expected to leave its benchmark interest rate unchanged at 0.50% during its upcoming policy meeting, with investor attention shifting toward Governor Kazuo Ueda’s post-meeting...
Gold prices stabilized around $3,300 on Monday, as bullish investors showed resilience following a recent pullback from record highs. The precious metal found renewed support amid ongoing geopolitical...
The Australian dollar advanced above 91.00 against the Japanese yen on Monday, buoyed by investor reaction to a mix of economic data out of both Australia and Japan. The move highlighted growing confidence...
The Indian rupee edged lower against the US dollar on Monday, as rising tensions between India and Pakistan weighed on investor sentiment and triggered a modest flight to safety. The USD/INR pair moved...
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...
The People’s Bank of China (PBOC) set the daily yuan reference rate at 7.2014 per dollar on Wednesday, slightly stronger than the previous fix of 7.2029. The move comes amid ongoing scrutiny of the central...
Japanese senior official Hirofumi Akazawa said on Tuesday that Tokyo is carefully assessing the potential impact of the United States’ revised stance on auto tariffs, amid renewed concerns over trade...
The Indian rupee edged lower against the US dollar on Monday, as rising tensions between India and Pakistan weighed on investor sentiment and triggered a modest flight to safety. The USD/INR pair moved...
The Australian dollar advanced above 91.00 against the Japanese yen on Monday, buoyed by investor reaction to a mix of economic data out of both Australia and Japan. The move highlighted growing confidence...
The Australian dollar saw modest gains on Tuesday after stronger-than-expected domestic inflation figures and an upbeat Chinese manufacturing survey bolstered confidence in the region’s economic resilience....
Australia’s consumer prices rose more than expected in the first quarter, reinforcing views that domestic inflation remains persistent and could delay any near-term policy easing from the Reserve Bank...
China’s factory activity grew at a slower pace in April, with the Caixin Manufacturing Purchasing Managers’ Index (PMI) easing to 50.4, down from 51.1 in March and falling short of the 49.9 consensus forecast....
The People’s Bank of China (PBOC) set the daily yuan reference rate at 7.2014 per dollar on Wednesday, slightly stronger than the previous fix of 7.2029. The move comes amid ongoing scrutiny of the central...
The Indian rupee strengthened slightly against the U.S. dollar on Tuesday, with USD/INR edging lower amid a backdrop of steady foreign institutional investor (FII) inflows and renewed optimism surrounding...
The Canadian dollar advanced against its U.S. counterpart on Wednesday, sending USD/CAD sliding toward the 1.3800 level as early election results suggested a more stable political environment. The move...
The Japanese yen edged lower on Monday, reflecting a continued shift away from safe-haven assets as global markets showed signs of improved risk sentiment. The currency weakened modestly against major...
The Australian dollar slipped slightly on Monday, as renewed optimism over global trade lifted the US dollar, drawing capital toward safer and higher-yielding assets. The aussie edged lower despite improved...
Cryptocurrency trading is experiencing a rapid surge in India’s smaller towns and rural areas, as sluggish job growth and stagnant incomes push more people toward alternative financial opportunities. With...
Bitcoin soared past $98,000, hitting a new milestone as easing geopolitical tensions between the US and Russia lifted investor sentiment. The crypto market rallied alongside traditional risk assets, with...
Bitcoin’s recent momentum has stalled, with the cryptocurrency underperforming traditional assets like gold and the S&P 500, both of which have surged to new all-time highs. While risk appetite remains...
Bitcoin’s long-term bullish trajectory is expected to remain intact despite the potential for a significant price dip to $77,000 in 2025, according to analysts. While short-term volatility could challenge...
Bitcoin held steady on Thursday as volatility dropped to multi-month lows, raising concerns among traders that a sudden price swing could trigger liquidation cascades. With BTC struggling to gain momentum,...
Bitcoin’s downward momentum continued on Tuesday, as futures premiums on the Chicago Mercantile Exchange (CME) dipped, signaling a cooling in institutional demand. The price drop comes even as a major...
Ethereum (ETH) is showing renewed momentum as on-chain data from Santiment reveals a significant drop in exchange-held ETH, suggesting that investors are moving their holdings into private wallets or staking...
Cryptocurrency Trading Course – The cryptocurrency industry is a very large one, and it is easy to get swallowed by the market. If you are looking to come on board and trade digital currencies, it...
The Ethereum Foundation’s recent decision to deploy $120 million into decentralized finance (DeFi) has intensified competition among blockchain networks, raising questions about whether Solana (SOL) and...
XRP saw modest gains as investors began accumulating the token, signaling renewed interest despite ongoing regulatory uncertainty. The steady buying activity suggests confidence in Ripple’s long-term prospects,...
Crude oil extended its decline as conflicting signals on tariff relief left investors uncertain about future demand. While hopes for eased trade restrictions initially sparked optimism, uncertainty over...
Asian equities bounced back from early losses, as investors reassessed the fallout from new tariff concerns that initially sent markets tumbling. The recovery signals a more measured response to trade...
West Texas Intermediate (WTI) crude extended its decline, falling toward $67.50 per barrel as markets reacted to rising output from OPEC+ and renewed concerns over global trade policies. The combination...
Crude oil prices extended their losses, falling to their lowest level in three months after OPEC+ confirmed plans to increase production starting in April. The decision has raised concerns about an oversupply...
U.S. stock index futures edged higher on Monday as investors braced for the implementation of President Donald Trump’s new tariffs on major trading partners. The Dow Jones Industrial Average futures...
U.S. stock futures showed mixed movement as investors braced for potential tariff announcements from former President Donald Trump. The Dow Jones, S&P 500, and Nasdaq futures wavered, reflecting market...
Oil prices ticked higher as traders evaluated the potential economic fallout from former U.S. President Donald Trump’s proposed tariff measures. The commodity saw modest gains as investors balanced concerns...
U.S. stock futures ticked up slightly on Thursday, with the S&P 500 and Nasdaq rebounding after a sharp decline led by a sell-off in Nvidia and other tech stocks. Investors appeared to be reassessing...
Crude oil prices remained near their lowest levels of the year, as renewed U.S. tariff threats and steady supply levels kept pressure on the market. Investors grew cautious amid growing concerns that trade...
U.S. stock futures showed a mixed performance following Nvidia’s stronger-than-expected earnings, as investors weighed the chipmaker’s results against broader market uncertainties. While Nvidia’s blockbuster...
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...
XRP ETF faces skepticism as weak fundamentals raise concerns
The potential launch of an XRP exchange-traded fund (ETF) is generating mixed reactions, as analysts warn that weak fundamentals could limit its appeal. While the prospect of an XRP ETF has fueled speculation...
Toncoin edges toward $4 as ETF speculation fuels PoW token momentum
Toncoin (TON) is approaching the $4 mark, riding a wave of renewed investor interest in proof-of-work (PoW) tokens as speculation around potential Litecoin (LTC) and Dogecoin (DOGE) ETFs gains traction....
EUR/USD remains steady amid low trading activity on holiday Monday
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...
Expert analyzes how inflation could shape 2025 trends in crypto and precious metals
Bitcoin (BTC) and gold (XAU) remain two of the most closely watched assets as investors assess the impact of U.S. inflation on long-term price trends. With inflation concerns shaping monetary policy expectations,...
USD/CAD Struggles Below 1.4200, Pressured Near Key Support in Falling Wedge Formation
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...
British pound strengthens as market risk sentiment improves
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...
Ethereum struggles at $2,817 despite $120M DeFi investment
Ethereum (ETH) faced resistance near $2,817 on Thursday, despite the Ethereum Foundation’s $120 million DeFi initiative aimed at strengthening its ecosystem. The price rejection signals hesitation among...
Ethereum targets $3,000 as Trump claims Putin agrees to Ukraine peace talks
Ethereum (ETH) saw renewed buying momentum, edging closer to the $3,000 mark, after former U.S. President Donald Trump stated that Russian President Vladimir Putin had agreed to begin negotiations aimed...
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 despite concerns over an upcoming $3 billion token unlock. The cryptocurrency has maintained upward...
NZD/USD edges higher as bulls test key resistance level
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 currency pair is once again approaching parity, driven by a combination of economic uncertainty and shifting monetary policy expectations. Recent market volatility, fueled by concerns over...
The EUR/USD pair remains under pressure as it struggles to break past the 1.0530 resistance level, reflecting cautious sentiment in the currency market. After a brief rebound, the pair faces renewed selling...
The Australian dollar remains under pressure against the U.S. dollar, with bearish momentum persisting as global risk sentiment weakens. The AUD/USD pair continues to trade lower, reflecting investor caution...
The EUR/USD pair continues its downward trajectory, with traders eyeing the critical 1.0600 level as selling pressure intensifies. Persistent strength in the U.S. dollar, fueled by robust economic data...
The U.S. dollar extended its decline as mixed economic data and uncertainty over Federal Reserve policy weighed on investor sentiment. Global market dynamics, including a potential slowdown in major economies...
The US dollar is under scrutiny this week as mounting legal troubles surrounding former President Donald Trump weigh on market sentiment. The currency has seen fluctuations, reflecting investors’ cautious...
The EUR/USD pair is set to maintain its consolidation phase, reflecting a cautious market outlook as traders await further catalysts. Recent price action has shown limited volatility, with the pair trading...
The EUR/USD pair extended its upward momentum as the U.S. Dollar weakened, driven by shifting market sentiment and economic expectations. The Euro gained strength against the greenback, reflecting a recalibration...
The EUR/USD pair rebounded slightly in early trading, supported by improved market sentiment and mild weakness in the U.S. dollar. Despite this uptick, analysts caution that the recovery may be short-lived...
The EUR/USD pair faces continued downward pressure, trading below its 200-day Simple Moving Average (SMA), signaling potential further weakness in the near term. Market sentiment remains cautious as traders...
Ethereum Price Forecast: ETH Rebounds After Prolonged Selloff
Ethereum’s price has shown a notable recovery following a week of sustained bearish pressure that...
Ethereum Price Outlook: ETH Set for Recovery with Etherealize Launch and Pectra Upgrade on March 11
Ethereum’s price is poised for a potential rebound as the network gears up for significant developments,...
Dogecoin Price Outlook: Could Bitwise ETF Filing Propel DOGE to $1?
The cryptocurrency market is abuzz with speculation as Dogecoin gains attention amid Bitwise’s latest...
Bitcoin Price Outlook: BTC Dips Below $102K Ahead of US Data and Trump’s Tariff Concerns
Bitcoin’s price has dipped below the $102,000 mark as investors brace for mid-tier U.S. economic...
Ethereum Price Outlook: Lido Co-Founder Suggests Second Foundation Amid Criticism of EF Leadership
Ethereum’s ecosystem may see significant structural changes following recent comments from Lido...
Dogecoin Price Outlook: Bulls Eye $0.40 Amid Trump's DOGE Initiative
Dogecoin’s market momentum surged following the announcement of former President Donald Trump’s...
Bitcoin Price Outlook: Could $200K Be Achievable After Trump’s Inauguration? BitDCA CTO Discusses MicroStrategy and El-Salvador Influence
Bitcoin’s potential to hit $200K is stirring debate among crypto enthusiasts and analysts following the...
Ethereum Price Outlook: ETH May Fall Short of New All-Time Highs in 2025 Amid Foundation Leadership Concerns
Ethereum’s ability to achieve a new all-time high in 2025 is under scrutiny as leadership issues...
Ethereum Price Outlook: ETH Poised for Surge as Foundation Allocates 50,000 ETH to DeFi
Ethereum’s price may be primed for significant movement as the Ethereum Foundation announces a...
Ethereum Market Projection: ETH likely to face rising demand with Pectra upgrade slated for March.
Ethereum is expected to experience a surge in demand as its much-anticipated Pectra upgrade approaches...
Robust US Dollar After Strong Jobs Report Puts Other Currencies Under Pressure
The U.S. dollar strengthened significantly on the back of robust jobs data, leaving other major currencies struggling to keep pace. The latest report revealed better-than-expected payroll growth, reinforcing...
Gold Market Outlook: XAU/USD Stabilizes Around $2.670, Eyes Further Gains
Gold prices are stabilizing around $2,670 per ounce, with market participants closely monitoring potential shifts in sentiment. The precious metal has maintained a tight trading range, driven by mixed...
Gold Price Outlook: XAU/USD Tests Fresh Multi-Week Highs
Gold prices rose on Thursday, flirting with fresh multi-week highs as market sentiment turned cautious ahead of key economic data releases. XAU/USD gained traction as investors sought safe-haven assets,...
Risk assets face pressure amid global bond yield surge
Global markets faced turbulence as bond yields surged, pressuring equities and heightening fears of a prolonged period of higher interest rates. The sell-off in government bonds was fueled by concerns...
Gold Price Outlook: XAU/USD holds steady above $2,630
Gold prices continued their upward momentum, with XAU/USD trading above $2,630, driven by a mix of market optimism and lingering concerns over global economic conditions. The precious metal benefited from...
WTI Crude Climbs for Fifth Consecutive Day, Breaking December’s High
WTI crude oil surged for the fifth consecutive session, breaking above its December high, as optimism over global demand fueled bullish sentiment. Prices settled at $82.34 per barrel, marking a 1.8% increase...
Major market trends aligning with significant price targets
As January approaches, financial analysts are closely monitoring the convergence of long-term market cycles with critical price targets, signaling potential shifts in economic conditions. Since the 2009...
Stock market rally mirrors Santa's reindeer: Low trading volume, high volatility, and algorithmic boosts
U.S. stocks surged in a late-session rally, defying thin trading volumes as algorithms added momentum to a pre-holiday boost. The S&P 500 climbed 1.3%, the Dow Jones Industrial Average gained 0.8%,...
Gold mining stocks remain under pressure despite broader market gains
Gold stocks have underperformed even as broader equity markets posted notable gains, reflecting a divergence that has caught investor attention. While major indices rose on optimism about easing economic...
Toll Brothers (TOL) anticipates market pullback before potential rally
Toll Brothers (TOL), a leading luxury homebuilder, appears poised for a tactical rally despite a recent pullback in its stock performance. The dip comes as market participants weigh ongoing economic uncertainties,...
No posts found
Advertisement
No posts found
