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...
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....
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...
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....
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 euro held steady against the Japanese yen on Wednesday, with EUR/JPY maintaining its position near mid-range levels, as market participants continue to favor the pair on bullish momentum. The pair...
The U.S. dollar fell sharply against the Japanese yen on Wednesday, with USD/JPY sliding below key levels as renewed trade concerns and caution ahead of the Bank of Japan’s policy decision pressured risk...
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 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...
West Texas Intermediate (WTI) crude oil prices hovered near $61.75 on Tuesday, marking a more than one-week low, as renewed concerns over global demand weighed on market sentiment. Traders grew cautious...
The euro drifted lower against the US dollar on Monday, moving closer to the 1.1400 level as renewed uncertainty over trade tariffs weighed on investor sentiment. The currency faced pressure amid concerns...
Pound Slips Below 1.3450 as Investors Look to BoE Remarks for Direction
The British pound edged lower against the US dollar, slipping beneath the 1.3450 mark on Monday as traders turned cautious ahead...
The euro drifted lower against the US dollar on Monday, moving closer to the 1.1400 level as renewed uncertainty over trade tariffs weighed on investor sentiment. The currency faced pressure amid concerns...
The euro held steady against the Japanese yen on Wednesday, with EUR/JPY maintaining its position near mid-range levels, as market participants continue to favor the pair on bullish momentum. The pair...
The U.S. dollar fell sharply against the Japanese yen on Wednesday, with USD/JPY sliding below key levels as renewed trade concerns and caution ahead of the Bank of Japan’s policy decision pressured risk...
The Indian Rupee held its ground against the U.S. Dollar on Monday, with USD/INR trading flat despite escalating tensions between India and Pakistan over the disputed Kashmir region. Traders remained cautious,...
The Japanese Yen moved sideways on Tuesday, with USD/JPY holding firm above the mid-143.00s as investors awaited fresh catalysts to drive the next major move. A cautious tone across global markets kept...
The Australian dollar fell against the US dollar on Monday as investors moved toward safer assets following signs of easing tensions between the United States and China. The shift strengthened the greenback,...
Silver prices slipped below $33 on Monday, extending last week’s losses as a shift in market sentiment reduced the appeal of traditional safe-haven assets. A combination of improving economic indicators...
The New Zealand dollar weakened toward 0.5950 on Monday, losing ground even as investors grew optimistic that China may soon roll out fresh economic stimulus measures. The move highlighted lingering concerns...
The US dollar climbed toward 1.3900 against the Canadian dollar on Monday, supported by a drop in oil prices and easing tensions between the United States and China. The move reinforced the greenback’s...
Ethereum (ETH) could see fresh momentum after the Chicago Board Options Exchange (Cboe) filed to allow staking within 21Shares’ proposed ETH exchange-traded fund (ETF). The move, if approved, would mark...
Bitcoin and the broader crypto market staged a recovery following the release of the latest U.S. CPI data, as former President Donald Trump’s claims of diplomatic progress between Russia and Ukraine helped...
Goldman Sachs has significantly increased its exposure to Ethereum exchange-traded funds (ETFs), boosting its holdings by 2,000%, signaling growing institutional interest in crypto investment products....
When cryptocurrency came out around 2009, very few people would have predicted just how big it would become ten years later. At the time, it never really got a lot of media attention. Besides, those who...
Former U.S. President Donald Trump’s cryptocurrency venture has announced the launch of a strategic token reserve, a move aimed at strengthening its position in the digital asset market. The initiative...
Grayscale has officially filed for a Cardano (ADA) exchange-traded fund (ETF) with the New York Stock Exchange (NYSE), signaling growing institutional interest in diversified crypto investment products....
The race for crypto exchange-traded funds (ETFs) is gaining momentum, with XRP ETFs now holding a 65% chance of approval as regulatory attitudes toward digital assets continue to shift. With Bitcoin and...
Rising trade war tensions have weighed on the cryptocurrency market, with investors growing cautious as global economic uncertainty intensifies. Bitcoin and other major digital assets have faced selling...
Bitcoin rebounded above $98,000, extending its recovery as investor sentiment improved following Eric Trump’s endorsement of WLFI’s move to integrate BTC into its operations. The high-profile backing sparked...
Dogecoin is facing renewed selling pressure after flashing a death cross, a technical signal often associated with extended downside movement. The meme-based cryptocurrency has struggled to maintain momentum,...
Asian equities fell on Tuesday as rising tensions between the U.S. and China rattled investor sentiment, leading to broad declines across regional markets. Tech-heavy indexes in Hong Kong and Taiwan saw...
U.S. stock futures are experiencing volatility as investors react to President Donald Trump’s announcement of impending tariffs on imports from Canada and Mexico. The tariffs, set to take effect...
Oil prices climbed higher, with West Texas Intermediate (WTI) crude rebounding above $70.50, as fresh U.S. sanctions on Iran reignited supply concerns. The renewed restrictions have heightened uncertainty...
Asian stocks and the dollar fell on Monday, tracking a sharp selloff on Wall Street as concerns over inflation and Federal Reserve policy pressured global markets. Investors moved cautiously, seeking clarity...
Stock futures for the Dow Jones, S&P 500, and Nasdaq climbed higher, recovering from last week’s losses as investors shifted focus to upcoming Nvidia earnings, a key event that could set the tone for...
German stock futures and the euro edged higher after Friedrich Merz’s political win, signaling potential shifts in economic policy that could favor business-friendly reforms. Investors welcomed the development,...
Asian equities climbed on Wednesday, led by a rally in technology stocks, after Alibaba’s stronger-than-expected earnings boosted investor sentiment. The Chinese e-commerce giant’s results reinforced confidence...
While market sentiment has been dominated by inflation concerns, interest rate speculation, and tech-driven rallies, a key bullish theme may be flying under the radar. Investors appear to be overlooking...
U.S. stock futures edged lower on Tuesday as investors remained cautious ahead of key Federal Reserve signals. The S&P 500, Dow Jones Industrial Average, and Nasdaq futures all slipped, reflecting...
Asian stocks declined as investor sentiment took a hit following the release of Federal Reserve meeting minutes, which revealed policymakers remain cautious about lowering interest rates too soon. The...
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...
Gold eyes $3,000 as safe-haven demand strengthens amid market uncertainty
Gold prices continue to gain momentum, with analysts eyeing a potential move toward $3,000 per ounce as safe-haven demand surges. Mounting economic uncertainty, geopolitical tensions, and expectations...
Euro weakens further as tariff concerns pressure EUR/USD
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...
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 reach record levels, signaling growing bearish sentiment among professional traders. The surge in...
Euro struggles ahead of key U.S. jobs report as market sentiment wavers
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...
Pound weakens as Bank of England signals policy shift with rate cut
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...
Stocks fluctuate as bond rally pauses ahead of volatile U.S. jobs report
Equities struggled for direction as a recent bond rally lost momentum, with investors bracing for potential market swings ahead of the closely watched Non-Farm Payrolls (NFP) report. Caution dominated...
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 the upcoming launch of the Pectra upgrade on the testnet. The network upgrade, set for February...
Gold prices strengthen as bulls regain control after brief consolidation
Gold (XAU/USD) extended its gains on Thursday, with bullish momentum tightening after a period of minor consolidation. The renewed upside reflects strong demand for safe-haven assets amid persistent economic...
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 30 million units. This adjustment, aimed at enhancing transaction capacity, has sparked mixed reactions...
Euro struggles to sustain recovery as EUR/USD aims to reclaim 1.0500
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...
The US Dollar could see heightened volatility this week as political developments potentially drive its next moves. Former President Donald Trump might hold a pivotal role, with ongoing legal battles and...
The EUR/USD currency pair may face a period of consolidation as traders assess recent economic developments and await fresh catalysts. The pair has struggled to break out of a narrow trading range, reflecting...
The EUR/USD failed to sustain its recent bullish move, as economic uncertainty and a stronger dollar weighed on the pair. Despite a brief uptick driven by favorable sentiment in European markets, the euro...
The EUR/USD continues to face headwinds as bearish sentiment dominates market sentiment. Lingering concerns over Europe’s economic stability, coupled with robust U.S. dollar performance, have put...
The Australian Dollar continues to face intense pressure, hovering near multi-year lows as the U.S. Dollar maintains its dominance in global markets. A combination of strong U.S. economic data and the...
The EUR/USD pair remains steady near the 1.0300 level, with traders cautious ahead of the pivotal US Nonfarm Payrolls (NFP) report. This widely-watched employment data is expected to set the tone for the...
The EUR/USD exchange rate slid as the Federal Reserve reaffirmed a cautious approach to monetary easing, signaling a slower pace than markets anticipated. This hawkish tone from the Fed dampened investor...
The AUD/USD slipped in the wake of stronger-than-expected U.S. labor market data and subdued Australian inflation figures, which raised concerns over the divergence in monetary policy between the two economies....
The EUR/USD fell below the critical 1.0400 level on Wednesday, pressured by stronger-than-expected US economic data and comments from former President Donald Trump. A robust ISM Services PMI reading, signaling...
The AUD/USD has staged a recovery after hitting two-year lows, as speculation around potential US tariff adjustments added uncertainty to global markets. The Australian dollar, often considered a barometer...
BNB Price Outlook: Binance bulls eye $750 as Trump boosts crypto trading volumes to record
Binance Coin (BNB) is gaining momentum as trading volumes across the cryptocurrency market hit unprecedented...
Ethereum Price Projection: Staking may trigger ETH surge in 2025 as PostFinance sparks optimism
The Ethereum market is eyeing a potential rally in 2025 as staking gains traction, following the recent...
Bitcoin Pulls Back from $100.6K as Retail Investors Favor Trump-Linked Tokens
Bitcoin’s recent surge to an all-time high of $100,600 has reversed sharply, raising questions...
Ethereum Price Outlook: ETH May Surge Past $4,400 Despite Higher Staking Withdrawals
Ethereum’s price is signaling potential for a significant rally as it edges closer to the $4,400...
Dogecoin Outlook: DOGE Surpasses SHIB and PEPE as Traders Bet on Trump’s Victory
Dogecoin is capturing the attention of traders as its performance surpasses rivals Shiba Inu (SHIB) and...
Ethereum Forecast: Investors Remain Optimistic with Rising Interest and Major ETH Withdrawals
Ethereum’s market sentiment remains bullish as key indicators point to strengthened investor confidence....
Solana Price Outlook: SOL Network Update Suggests More Downside Risk
The Solana (SOL) network faces heightened scrutiny as a recent update has signaled potential downside...
Dogecoin Outlook: DOGE Open Interest Steady at $3.4B as Musk Targets Liverpool FC
Dogecoin’s market momentum shows signs of stability as open interest for DOGE futures settles at...
Ethereum Price Outlook: ETH Might Drop to $3,110 Despite Whale Accumulation
Ethereum’s price is showing signs of potential decline despite increased accumulation by whale...
Shiba Inu Price Outlook: SHIB Wallets Surge to Record 1.38M Amid ETH, BTC, XRP Decline
Shiba Inu (SHIB) is defying market trends as the number of wallets holding the token surged to an all-time...
S&P 500: Top performers, disappointments, and 2025 predictions
The S&P 500 ended 2024 with notable highs and lows, reflecting a year of mixed fortunes across sectors. Tech giants led the pack, buoyed by AI breakthroughs and robust earnings. Stocks like Nvidia...
Does extending loan terms effectively enhance homeownership opportunities?
Proposals to extend mortgage loan maturities are reigniting debates about their effectiveness in addressing housing affordability. Advocates argue that longer repayment periods can lower monthly payments,...
Bottoming process proving too strenuous
The S&P 500’s recent performance suggests a potential bottoming process, though the market remains in a neutral stance. On November 19, 2024, the index avoided a decline below the previous Friday’s...
Stock market downturn intensifies across Europe after FOMC meeting
European stock markets extended their losses as investors reacted to the Federal Reserve’s latest policy stance, which underscored persistent inflationary pressures and the likelihood of elevated interest...
Will the SP500 find its floor?
The S&P 500 has recently experienced significant volatility, prompting investors to question where the index might find its bottom. Historically, the 200-week moving average has served as a critical...
Stock Market Report: Fed's Policy Shift and Inflation Data to Conclude 2024
U.S. equities are set to close out 2024 with heightened volatility as markets await key signals from the Federal Reserve’s final policy meeting and November inflation data. Investors remain on edge,...
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...
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,...
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...
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...
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