In March, Tokyo’s Consumer Price Index (CPI) rose by 2.9% year-on-year, maintaining the same growth rate as the previous month. This steady inflation rate has sparked renewed concerns over rising...
In March, Tokyo’s Consumer Price Index (CPI) rose by 2.9% year-on-year, maintaining the same growth rate as the previous month. This steady inflation rate has sparked renewed concerns over rising prices in Japan, with the Bank of Japan’s (BOJ) target of 2% still surpassed. While the central bank has aimed to keep inflation under control, recent figures suggest that price pressures continue to build, particularly in key sectors such as food.
A key factor driving the sustained inflation is the increase in food prices, with rice seeing an eye-popping 92.4% surge in March. The rise in food...
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...
The People’s Bank of China (PBOC) has set the USD/CNY reference rate at 7.1697, a small decrease from the previous day’s rate of 7.1733, signaling a continued effort to maintain stability in the...
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...
The Bank of Japan (BOJ) is widely expected to hold off on any rate increases during its March meeting, as inflation pressures ease and the economic outlook remains uncertain. After a period of aggressive...
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...
Japan’s Finance Minister Katsunobu Kato emphasized that the bond market should determine interest rate movements, reinforcing the government’s cautious stance on direct intervention. His remarks come as...
The Japanese yen continues to lose ground, with the USD/JPY pair approaching the key 150.00 level, as persistent selling pressure keeps the currency under pressure. A combination of dovish Bank of Japan...
Gold prices continue to trade near all-time highs, with bullish momentum holding firm despite a broader risk-on sentiment in global markets. The precious metal has remained resilient, suggesting that investors...
The US dollar remains under pressure, with the Dollar Index (DXY) hovering around 103.50 as market sentiment leans bearish. Weak economic data and shifting Federal Reserve expectations have weighed on...
The Japanese yen continued to show resilience against the U.S. dollar, with investors increasingly betting on a potential Bank of Japan (BoJ) rate hike. Rising speculation that the central bank could pivot...
The New Zealand dollar remained weak against the U.S. dollar, trading below 0.5750 as investors stayed cautious ahead of China’s trade data release. Given New Zealand’s strong economic ties with China,...
The EUR/JPY pair climbed past 161.00 on Thursday as investors positioned ahead of the European Central Bank’s (ECB) rate decision, with expectations running high for any signals on future monetary policy...
The Australian dollar strengthened on Thursday, gaining momentum as investor sentiment improved following Donald Trump’s latest shift in trade policy. Markets welcomed the decision, seeing it as a potential...
The USD/CAD pair edged lower on Thursday, approaching the 1.4300 level, as the U.S. dollar faced renewed selling pressure. Investors are closely watching the 50-day Exponential Moving Average (EMA), a...
The People’s Bank of China (PBOC) set the yuan’s daily reference rate at 7.1692 per U.S. dollar, a slight strengthening compared to the previous fix of 7.1714. The adjustment reflects the central bank’s...
Learning forex trading for beginners can seem like a huge challenge. This is partly due to the unrealistic expectations many come into the forex scene with. However, what is more, disturbing is the lack...
The Australian dollar saw increased volatility on Thursday as investors reacted to U.S. President Donald Trump’s congressional speech, which reignited uncertainty over trade policy and global economic...
The USD/INR pair edged lower on Thursday as traders positioned ahead of the Indian Purchasing Managers’ Index (PMI) data, which is expected to provide fresh insights into the country’s economic health....
The USD/JPY pair climbed past 149.50 on Thursday as traders reacted to Donald Trump’s latest remarks, sparking volatility in currency markets. Investors closely monitored the speech for any policy signals...
Bitcoin’s price has surged to a new all-time high (ATH), marking another milestone in its volatile journey. After enduring significant dips earlier this year, often seen as buying opportunities by...
In a move that could reshape the regulatory landscape for cryptocurrencies, former President Donald Trump has issued an executive order addressing key concerns in the digital asset space. The order focuses...
XRP, the cryptocurrency linked to Ripple Labs, has seen its momentum dwindle, raising concerns of a potential 20% decline in value. The market’s cautious stance stems partly from speculative interpretations...
The prospect of Ripple’s XRP ETFs gaining approval from the U.S. Securities and Exchange Commission (SEC) appears to be gaining momentum, fueled by market rumors surrounding a potential futures launch...
Toncoin is showing a strong potential for a 45% rally as market attention shifts toward privacy coins following Donald Trump’s recent discussions about a pardon for Ross Ulbricht, the creator of Silk Road....
The cryptocurrency market is poised for a potential rally after acting SEC Chair Mark Uyeda announced the creation of a specialized crypto task force. The task force aims to enhance oversight of the burgeoning...
The cryptocurrency market reached an unprecedented $3.7 trillion valuation during Donald Trump’s inauguration, driven by surging interest in Bitcoin (BTC), Solana (SOL), and XRP. This marked a turning...
Former U.S. President Donald Trump has selected Mark Uyeda, a pro-crypto advocate, as the acting Chair of the Securities and Exchange Commission (SEC). Uyeda’s appointment marks a significant shift in...
Bitcoin has seen a revival in recent trading, supported by strategic buying as investors navigate a highly volatile market. The cryptocurrency rebounded after testing critical support levels, hinting at...
TRUMP surges, makes debut on platforms like ChangeNOW, with plans for Coinbase and Binance listings.
The TRUMP token is making waves in the cryptocurrency market, securing listings on exchanges like ChangeNOW while preparing for potential launches on Coinbase and Binance. The token’s recent debut...
Investors eye the FTSE 100, S&P 500, and Nasdaq 100 as they navigate through a landscape shaped by rate cut expectations and market optimism. These indices are in the spotlight, showcasing significant...
In a remarkable testament to the resilience of stock markets, the FTSE 100, Dow Jones, and Nasdaq 100 have showcased impressive upward movements, reaching and potentially surpassing previous highs despite...
DAX Edges Higher
Source: DailyFX
The DAX index has recorded a slight increase overnight, yet it still lingers below the 50-day simple moving average (SMA). Surpassing this SMA could reinforce the bullish...
Dow, S&P 500, and Nasdaq futures climbed early as investors positioned ahead of the Producer Price Index (PPI) release, which could further shape expectations for Federal Reserve policy. The gains...
Investors seeking exposure to the digital economy have no shortage of options, but separating winners from laggards remains key in an evolving market. While some internet stocks continue to show strong...
West Texas Intermediate (WTI) crude slid to nearly $71 per barrel following former U.S. President Donald Trump’s statement that Russian President Vladimir Putin has agreed to negotiations aimed at ending...
As investors keenly await US inflation data, the DAX 40 steadies itself for potential uplift, while the S&P 500 continues its resilient ascent. Across the Pacific, the Nikkei 225 grapples with speculation...
U.S. stock futures remained flat on Tuesday as traders turned cautious ahead of a crucial inflation report that could shape the Federal Reserve’s next policy move. The Dow Jones, S&P 500, and Nasdaq...
WTI crude oil edged higher on Tuesday, approaching $73 per barrel, as concerns over potential supply disruptions continued to drive market sentiment. The rebound follows a period of volatility, with traders...
A Fresh Look at Nasdaq 100’s Path Since Our Last Update
Since our last discussion on the Nasdaq 100 (NDX) in mid-February, our analysis has closely followed the development predicted by the Elliott...
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...
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 the broader crypto market struggles to recover from recent downturns. After briefly stabilizing near...
EUR/USD Price Forecast: Eyes 1.0600 and Beyond
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...
Gold Price Forecast: XAU/USD Extends Drop Toward $2,730
Gold prices dipped further, with XAU/USD edging towards the $2,730 mark as investors embraced riskier assets amid improving market sentiment. The correction comes as bond yields ticked higher, diminishing...
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 million from the cryptocurrency market in just hours. This drop marks one of the most significant...
Dollar Decline: Influence of Economic Figures, Policy Instability, and Worldwide Market Changes
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...
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...
Ethereum Price Forecast: ETH Rebounds After Prolonged Selloff
Ethereum’s price has shown a notable recovery following a week of sustained bearish pressure that saw it struggling to maintain key support levels. After dropping below $1,600 earlier this week,...
US Dollar Weekly Outlook: Market Reacts to Trump Uncertainty
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...
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, including the anticipated Etherealize launch and the Pectra upgrade scheduled for March 11....
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 filing for a spot Bitcoin ETF. While the filing centers on Bitcoin, it has reignited broader market...
The USD/MXN exchange rate is poised for a volatile year in 2025 as economic headwinds, monetary policy shifts, and political developments weigh on the Mexican Peso. Analysts anticipate that Mexico’s...
The USD/CAD pair has shown resilience despite broader expectations of a potential shift in Federal Reserve policy next year. Market analysts suggest that the battered Canadian dollar is unlikely to find...
The EUR/USD pair continued its downward trend, reflecting the euro’s struggle against a broadly stronger dollar. Market sentiment remains bearish, with sellers dominating as the pair nears pivotal...
The US Dollar strengthened significantly after the Federal Reserve’s hawkish tone during its latest policy meeting, pushing the EUR/USD pair lower. While the Fed implemented a rate cut as expected,...
The EUR/USD pair held steady in early trading as markets tread cautiously ahead of the Federal Reserve’s policy announcement. Investors remain on edge, balancing expectations of an extended pause in rate...
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...
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...
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...
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...
The EUR/USD pair has faced renewed pressure as the US dollar continues to gain ground, driven by robust economic data and hawkish signals from the Federal Reserve. The euro struggled to hold key support...
Why cryptocurrencies Bitcoin, Dogecoin, and XRP are stumbling today
The cryptocurrency market faced a downturn today, with Bitcoin dropping below $34,000 and Dogecoin shedding...
Ethereum Price Outlook: ETH faces risk of falling to $3,000 as investors lock in gains and losses
Ethereum’s recent market movements signal a potential decline toward the $3,000 mark as investors begin...
Bitcoin drops 3% from recent record high – is this the peak of the cycle?
Bitcoin fell 3% from its recent all-time high, leaving investors questioning whether the cryptocurrency...
Ethereum Price Outlook: ETH may recover from recent 10% drop despite panic selling by short-term traders
Ethereum’s recent 10% decline has raised concerns about its near-term outlook, as panic selling...
Bitcoin Price Outlook: BTC shows slight rebound after significant sell-off following Fed rate cut decision
Bitcoin saw a modest recovery today, edging back above $26,500 after a sharp decline triggered by the...
Ethereum Outlook: ETH Dips 6% After Fed's Rate Announcement, Looking for a Rebound at $3,550
Ethereum’s price declined sharply, shedding 6% following the Federal Reserve’s announcement...
Shiba Inu Price Outlook: SHIB Demand Drops as Solana Memes Rise
Shiba Inu (SHIB) prices have faced growing challenges as demand from crypto whales diminishes, reflecting...
Ethereum Outlook: RWA tokenization expected to boost ETH value in 2025, Bitwise
Ethereum’s price could see a significant boost by 2025, driven by the growing adoption of Real-World...
Litecoin Forecast: $150 breakout anticipated as miners purchase $18M in LTC
Litecoin is eyeing a significant breakout above $150 as strong demand from miners continues to fuel its...
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...
Stock Market Gradually Edges Up: Are Exhaustion Signals Present?
U.S. stocks edged higher on Tuesday, continuing a slow upward trend, though signs of fatigue emerged as trading volumes thinned. The S&P 500 added 0.2%, while the Dow Jones Industrial Average climbed...
Bajaj Auto Indian Shares Analyzed Through Elliott Wave Theory
Bajaj Auto has recently drawn attention in the Indian stock market, with analysts observing potential signals aligned with Elliott Wave theory, a popular method in technical analysis. The stock has displayed...
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