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...
Gold prices slipped on Monday, pressured by a stronger US dollar and improving US-China relations that reduced demand for safe-haven assets. Spot gold remained under $2,350 an ounce, retreating as risk...
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 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...
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 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...
West Texas Intermediate (WTI) crude slipped modestly near $62.70 on Monday, with prices seeing limited downside despite recent selling pressure. The movement reflects a broader stabilization in oil markets...
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 held steady against the Canadian Dollar on Thursday, with USD/CAD hovering near recent levels as conflicting signals on global trade talks tempered market sentiment. Uncertainty around the...
Gold prices slipped sharply on Thursday, falling below the critical $3,300 level, as renewed strength in the US Dollar weighed on the precious metal. Investors grew cautious amid signs that optimism around...
The Australian Dollar remained under pressure on Wednesday, with AUD/USD hovering below the 0.6400 mark, even as signs emerged that US-China trade tensions could be easing. A modest improvement in market...
The Australian Dollar remained under pressure on Wednesday, with AUD/USD hovering below the 0.6400 mark, even as signs emerged that US-China trade tensions could be easing. A modest improvement in market...
The US Dollar held steady against the Canadian Dollar on Thursday, with USD/CAD hovering near recent levels as conflicting signals on global trade talks tempered market sentiment. Uncertainty around the...
The Australian dollar strengthened on Monday, climbing alongside broader risk assets after reports emerged that China is considering suspending tariffs on select U.S. imports. The development boosted market...
The Australian dollar rose sharply against the Japanese yen on Monday, touching a multi-week high near 92.00 as investors responded to encouraging signs of easing U.S.-China trade tensions. The move reflects...
The Japanese yen weakened slightly against the U.S. dollar on Monday, extending intraday losses as the greenback found modest support from firm Treasury yields and cautious risk sentiment. Despite the...
The New Zealand dollar weakened on Thursday, with the NZD/USD pair slipping beneath the 0.6000 mark, as traders grew increasingly cautious over signs of renewed strain in U.S.-China trade relations. The...
The Australian dollar edged lower on Thursday, pressured by persistent geopolitical tensions between the U.S. and China, which sapped market risk appetite and weighed on commodity-linked currencies. The...
The People’s Bank of China (PBOC) set the daily midpoint for USD/CNY at 7.2066 on Thursday, marking a modest strengthening from the previous fix of 7.2098. The adjustment comes as authorities continue...
The British pound slipped against the U.S. dollar on Thursday, with GBP/USD drifting toward the 1.3300 level as investors turned cautious ahead of upcoming UK retail sales figures. The data, set to be...
The U.S. dollar edged lower against the Canadian dollar on Wednesday, approaching the 1.3850 mark after the Federal Reserve’s Beige Book report pointed to slowing economic activity across several districts....
Bitcoin is maintaining a bullish trajectory, setting the stage for what could be one of its highest-returning months on record. The cryptocurrency has gained momentum in recent weeks, driven by increasing...
Ondo Finance has seen a sharp increase in total value locked (TVL), reaching $654 million following the official launch of Ondo Chain. The surge in locked assets signals growing confidence in the protocol,...
Bitcoin, Ethereum, and Ripple experienced a volatile trading session on February 7, reflecting shifting investor sentiment amid broader market uncertainties. Bitcoin remained steady above $43,000, while...
The cryptocurrency market remains under pressure, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) facing renewed downside risks as traders react to shifting macroeconomic conditions and weak technical...
The XRP ETF narrative gained traction as the SEC acknowledged Grayscale’s filings for Solana (SOL) and Litecoin (LTC) funds, fueling optimism that more digital asset ETFs could be on the horizon. The move...
Trump Media is reportedly preparing to enter the cryptocurrency investment space with a Bitcoin ETF under the brand Truth.Fi. The move aligns with rising institutional interest in regulated crypto products,...
The crypto community is actively debating whether an altcoin season can unfold without a significant rally in Ethereum (ETH), the second-largest cryptocurrency by market cap. Traditionally, Ethereum’s...
The cryptocurrency market surged, adding over $200 billion in value, as Ripple (XRP), Ethereum (ETH), and Cardano (ADA) led the rebound following the resolution of trade tensions between Canada and Mexico,...
Crypto.com and Kalshi are under investigation by U.S. regulators over their involvement in Super Bowl-related wagers, raising concerns about the legal boundaries of betting in the financial markets. The...
The Bitcoin and broader crypto market experienced a notable recovery following the announcement that Mexico and the United States have agreed to delay planned tariffs. This development eased trade tensions,...
U.S. stock futures ticked up on Tuesday as investors digested the latest rally that pushed the S&P 500 to a fresh all-time high. Futures tied to the Dow Jones Industrial Average, Nasdaq Composite,...
Asian stocks fell on Tuesday after former U.S. President Donald Trump proposed a fresh round of tariffs, sparking concerns over escalating trade tensions. The renewed protectionist stance weighed on investor...
West Texas Intermediate (WTI) crude climbed higher on Tuesday, surpassing $71.50 per barrel as supply concerns added pressure to an already tight market. The increase comes amid ongoing production setbacks...
Chinese stocks rallied on Tuesday as investor sentiment improved following President Xi Jinping’s renewed commitment to supporting the private sector. The rebound came after weeks of volatile trading,...
Mongolia is ramping up efforts to increase coal exports to China, aiming to reach 100 million tons as demand from its southern neighbor remains strong. The move highlights Mongolia’s growing role as a...
Crude oil prices held onto recent gains as OPEC+ signaled a possible delay in increasing supply, keeping markets on edge amid ongoing demand uncertainties. The prospect of extended output controls has...
Asian stocks traded lower as investors remained cautious ahead of the Reserve Bank of Australia’s (RBA) interest rate decision, with broader markets reacting to mixed global economic signals. Weak sentiment...
West Texas Intermediate (WTI) crude rebounded above $71 per barrel as supply disruptions in the Caspian region raised concerns over global oil availability. The price recovery follows recent losses driven...
The Dow Jones Industrial Average fell 160 points as weaker-than-expected US retail sales data raised concerns about slowing consumer spending. The decline put pressure on equities, with investors reassessing...
Oil prices edged lower on Monday as concerns over increased crude supplies from Iraq and Russia pressured the market. The prospect of higher output from two major producers raised worries about a potential...
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...
S&P 500 closes the gap, leaving investors questioning next move
The S&P 500 has successfully closed a key technical gap, a move closely watched by traders as a potential signal for the market’s next direction. This gap closure reflects a retracement of previous...
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 fueled investor optimism. This price surge reflects a broader uptick in digital asset trading volumes,...
EUR/USD Price Forecast: parity returns to focus Amid market uncertainty
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...
Wall Street slides as rate cut optimism fades, tech giants in focus
Stocks fell on Wednesday as investor hopes for early Federal Reserve rate cuts weakened, putting pressure on major indexes. The S&P 500 and Nasdaq Composite posted losses, dragged down by concerns...
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 support for Danny Ryan to take a leading role at the Ethereum Foundation. Investors see his...
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 after a three-day losing streak. Despite recent price declines, open interest in Solana surged, reflecting...
Tech stocks stumble, Fed pauses indefinitely, Trump likely dissatisfied
Tech stocks faced a downturn as the Federal Reserve decided to keep interest rates steady, signaling caution amid economic uncertainty. Investors had hoped for a rate cut to stimulate growth, but the central...
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 February could bring a 35% price surge. The second-largest cryptocurrency by market cap has shown...
EUR/USD outlook: Minor resistance near 1.0530
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...
AUD/USD outlook: Bearish momentum continues
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 USD/JPY pair continued its upward trajectory as investors bet on the divergence between the Federal Reserve’s hawkish stance and the Bank of Japan’s dovish policies. The pair recently breached multi-month...
The EUR/USD pair is stabilizing after a week marked by persistent selling pressure, as investors shift focus to upcoming economic data. Following an earlier dip to multi-week lows, the currency pair found...
The US Dollar Index (DXY) maintained a steady trajectory at the start of the year, reflecting investor confidence amid shifting global market dynamics. Following a volatile 2024 marked by rate hikes and...
The GBP/USD pair is attempting to break past the nine-day exponential moving average (EMA) near 1.2550, drawing traders’ attention as it hovers around the upper boundary of its descending channel....
The EUR/USD pair has struggled to maintain momentum above the 1.0400 mark, encountering resistance near the nine-day exponential moving average (EMA). After a brief recovery attempt, the currency pair’s...
The USD/JPY pair maintained its upward trajectory during subdued Boxing Day trading, with bulls capitalizing on lighter market volumes. The pair hovered near recent highs as traders remained cautious amid...
The GBPUSD pair remains above the 1.25 level, signaling a tentative show of strength despite lingering concerns over its weak bullish momentum. Traders are eyeing upcoming economic data and central bank...
The EUR/USD pair continues to face downward pressure as the market remains subdued during the holiday season. Limited trading volumes have left the pair vulnerable to modest fluctuations, with sentiment...
The EUR/USD pair remains in a consolidative phase near the 1.0400 level, reflecting cautious market sentiment ahead of key economic data releases. Despite fluctuating within a narrow range, the pair shows...
The AUD/JPY pair remains under pressure as risk-off sentiment dominates global markets. Concerns over global economic slowdown, coupled with hawkish signals from the Bank of Japan, have weighed heavily...
Ethereum Price Outlook: ETH drops over 6% amid rising staking withdrawals
Ethereum (ETH) experienced a sharp decline of over 6% in recent trading, marking one of its steepest...
Ethereum Price Outlook: ETH resumes climb toward $4,093 as investors begin to accumulate
Ethereum has resumed its upward momentum as investors ramp up accumulation, signaling renewed confidence...
Cardano Price Analysis: 10,000 new investors purchase ADA before Trump’s inauguration
Cardano’s price has gained momentum as 10,000 new investors joined the network, signaling increased...
XRP Price Forecast: XRP Surpasses USDT Following Ripple’s Unlocking of 500M Before Trump’s Inauguration
Ripple’s XRP saw a notable surge, overtaking Tether (USDT) in market capitalization, following...
Will XRP Reach New Heights in January 2025? Early Trading Shows Positive Momentum
XRP has kicked off January 2025 with promising gains, fueling speculation about a potential rally in...
Bitcoin Price Outlook: BTC Surges Above $97K as Microstrategy and Coinbase Lead 2025 Gains
Bitcoin has surged past the $97,000 mark, fueled by heightened institutional activity from major players...
Ethereum Price Outlook: ETH may reach new all-time highs in 2025 as blobs dominate burn leaderboard
Ethereum’s price trajectory is showing promise, with analysts predicting a potential all-time high...
Key levels to monitor: Is Bitcoin doing the job as its peaked at ₹1,08,367?
Bitcoin’s recent surge to ₹1,08,367 has sparked debates about whether the cryptocurrency has hit...
1 top cryptocurrency to buy before it soars 1,500%, according to Cathie Wood
Cathie Wood, the renowned founder of ARK Invest, has spotlighted Bitcoin as a high-potential investment...
Bitcoin Price Outlook: BTC faces additional downward pressure as whale activity hits two-year peak
Bitcoin’s price remains under pressure as large-scale transactions by crypto whales have surged...
Asian Equities Fall as Markets Prepare for Upcoming Fed Meeting: Market Wrap
Asian markets experienced broad declines, with investors adopting a cautious stance ahead of next week’s Federal Reserve meeting. Japan’s Nikkei 225 shed over 1%, while South Korea’s Kospi and Hong Kong’s...
Oil Forecast: OPEC Lowers Demand Projections Again
OPEC has lowered its global oil demand forecast for the third consecutive time this year, citing slower-than-expected economic growth in key markets. The cartel’s monthly report highlights challenges...
Oil market poised for excess despite OPEC+ intervention
The global oil market is expected to be in surplus, even as OPEC+ takes action to balance supply and demand. Analysts suggest that the group’s production cuts may not be sufficient to offset the...
Equities: Market Correction Underway – What's Next?
Global equity markets are facing a significant downturn as fears of slowing economic growth and elevated interest rates weigh heavily on sentiment. The correction, characterized by a 10% decline from recent...
Soft inflation, policy changes support Chinese stock performance
Chinese equities climbed as softening inflation raised expectations of further policy support from Beijing. The latest economic data revealed subdued price pressures, which analysts interpret as a signal...
Oil industry: Rising pressure among OPEC+ nations?
Growing tensions within OPEC+ are becoming increasingly apparent as the group grapples with maintaining unity amidst challenging market conditions. Recent struggles to stabilize oil prices have exposed...
Junior Gold Miners (GDXJ) Pullback Appears to Have Concluded
The VanEck Vectors Junior Gold Miners ETF (GDXJ) has rebounded, signaling the end of its recent correction. The ETF, which tracks small-cap gold mining companies, had faced significant volatility as gold...
US stock markets climb as S&P 500 hits new all-time highs
US equities rallied on Tuesday, marking a significant milestone as the S&P 500 reached fresh all-time highs. Gains were driven by strong investor confidence and robust performances in technology and...
Gold stocks and Gold – observing the broader trend
Gold stocks are maintaining resilience as investors evaluate broader market conditions and geopolitical tensions. Gold prices, often seen as a haven during economic turbulence, have shown modest movements,...
SP500 Approaches $6060: What Comes Next?
The S&P 500 is closing in on the unprecedented $6060 milestone, fueled by resilient investor sentiment and a rally across tech and consumer discretionary sectors. Despite broader economic uncertainties,...
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