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 bounced back on Monday, snapping a two-day losing streak against the U.S. dollar as a fresh wave of safe-haven demand lifted the currency amid renewed concerns over geopolitical tensions...
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 7.2098 on Tuesday, slightly stronger than the previous fix of 7.2116. The move reflects the central bank’s continued effort to maintain...
In a move aimed at further opening its economy, China’s state planner has trimmed the number of items on its negative list from 117 to 106, signaling a commitment to easing restrictions on foreign investment....
The Australian dollar maintained its resilience on Monday, edging higher against the U.S. dollar following a series of disappointing U.S. economic reports. The AUD/USD pair traded above the 0.6450 level,...
European Central Bank policymaker François Villeroy de Galhau warned that protectionist trade measures championed by former U.S. President Donald Trump could pose a renewed threat to global financial stability...
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 7.2116 on Wednesday, marking a modest upward adjustment from the previous fix of 7.2074. While the move was broadly in line with expectations,...
The Australian dollar held its ground on Tuesday, trading with a slight upward bias after the latest Judo Bank PMI figures signaled steady growth in the country’s private sector. The data offered a modest...
The New Zealand dollar extended its gains on Wednesday, climbing above the 0.5950 level as traders responded to renewed optimism around US-China trade negotiations. The move reflects a broader rebound...
The Japanese yen trimmed earlier losses on Tuesday, staging a modest rebound as the U.S. dollar lost momentum alongside a pullback in Treasury yields. After initially weakening during Asia trading hours,...
The British pound remained range-bound against the Japanese yen on Monday, trading near the 189.00 mark as persistent risk-off sentiment and technical weakness continued to weigh on the pair. The move...
The New Zealand dollar surged to a fresh 2025 high against the greenback on Tuesday, with NZD/USD rising toward the 0.5930 level, buoyed by broad-based U.S. dollar weakness and growing market appetite...
The British pound climbed to its highest level since October, with GBP/USD breaking above the 1.3200 mark in Monday trading, as investors positioned ahead of key UK labor market data due later this week....
The Australian dollar traded steadily on Tuesday after the Reserve Bank of Australia (RBA) released its April meeting minutes, which indicated a continued focus on taming inflation despite signs of a cooling...
The euro slipped against the U.S. dollar on Monday, as investors turned cautious ahead of this week’s European Central Bank policy meeting. The pause in momentum comes after a modest rally in EUR/USD last...
The British pound strengthened for a fifth consecutive session on Monday, extending its rally against the U.S. dollar as softening U.S. data and improving risk sentiment fueled demand for sterling. The...
The Australian dollar remained under pressure against the New Zealand dollar on Monday, as the pair struggled to regain traction amid persistent technical weakness and diverging monetary outlooks between...
The Japanese yen traded near its strongest level in months on Monday, buoyed by continued weakness in the U.S. dollar and growing market expectations that the Bank of Japan may further tighten monetary...
The New Zealand dollar advanced on Monday, approaching a key resistance level against the U.S. dollar as risk appetite improved and commodity-linked currencies found support. The move comes amid renewed...
The Australian dollar edged higher against the Japanese yen on Monday, extending a modest rebound despite lingering signs of technical weakness in the broader trend. The mild recovery reflects improving...
The Australian dollar held firm on Monday, trading near recent highs as improving global risk sentiment and steady commodity prices helped support the currency. Market optimism surrounding interest rate...
Bitcoin surged past the $100,000 milestone, fueled by easing concerns over the Federal Reserve’s monetary policy stance. Investor confidence grew as signals emerged that the Fed may adopt a less aggressive...
Bitcoin’s rally has ignited a resurgence across the cryptocurrency market, with Ethereum, XRP, and AI-focused tokens recording significant gains. As Bitcoin’s price breached key resistance...
BitMEX, one of the world’s largest cryptocurrency trading platforms, has agreed to pay a $100 million fine after facing accusations of deliberately evading US financial regulations. The settlement comes...
Bitcoin’s reputation for extreme price swings has long divided the financial community. While critics argue that volatility undermines its credibility as a stable asset, proponents believe this very...
One of the world’s largest Bitcoin mining companies has chosen Texas as its new base, leveraging the state’s favorable energy policies and growing crypto-friendly environment. The decision reflects...
Bitcoin is rapidly eclipsing gold as the go-to asset in the digital economy, driven by growing adoption, a younger investor demographic, and its decentralized nature. Once seen as a fringe experiment,...
Bitcoin climbed to an unprecedented $97,000 as altcoins like Dogecoin (DOGE) and XRP followed with notable gains. Market momentum surged despite the looming SEC lawsuit against Elon Musk, a move linked...
Bitcoin climbed above $95,000 today, marking a significant rebound in the cryptocurrency market. The rally follows recent market dips, fueling optimism among investors. Meanwhile, Binance’s listing...
The U.S. cryptocurrency market is gearing up for the next wave of crypto exchange-traded funds (ETFs) as financial firms accelerate new filings. Despite recent volatility in digital assets, demand for...
Bitcoin (BTC) maintained its $90K support level, signaling resilience despite recent market volatility. Traders have shown confidence in the cryptocurrency, with steady trading volumes helping to stabilize...
Oil prices are on track for a weekly decline as concerns over U.S. tariffs weigh heavier on market sentiment than supply risks linked to Iran sanctions. Investors remain cautious as trade policy uncertainties...
West Texas Intermediate (WTI) crude prices slid further below $70.50 per barrel as the ongoing U.S.-China trade dispute intensified, raising fears of weakening global demand. Investors reacted to escalating...
The Dow Jones Industrial Average rallied 300 points on Wednesday, extending gains as investors reacted to a mix of strong corporate earnings and easing concerns over Federal Reserve policy. The surge reflected...
FTSE 100 Sees Slight Pullback After Recent Highs
The FTSE 100 experienced a slight pause in its upward trajectory after reaching a ten-month high of 7,786 last week. The index dipped to a low of 7,694...
FTSE 100 Aims to Recover Recent Losses
Source: DailyFX
The FTSE 100 is attempting to recover from last week’s losses, which were exacerbated by a sell-off due to European election turmoil. The UK blue-chip...
Asian stocks advanced on Thursday, tracking gains from Wall Street as investor sentiment improved amid easing concerns over global economic growth. Major indexes across the region posted solid gains, driven...
The Dow Jones Industrial Average rebounded on Tuesday, regaining ground after markets shrugged off recent tariff threats that initially sparked volatility. As fears of an imminent trade conflict faded,...
April witnessed a retreat across major asset classes, marking the worst month for global markets in 2025, as per a set of ETFs. Emerging markets stocks (VWO), commodities (GSG),and a cash proxy (SHV) stood...
Oil prices remained stable as markets weighed the impact of ongoing trade war concerns against rising geopolitical tensions with Iran. Investors grappled with mixed signals, balancing fears of a global...
The Dow Jones Industrial Average staged a strong recovery, rebounding from recent losses triggered by tariff-related fears. As investor anxiety over escalating trade tensions began to fade, renewed buying...
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...
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...
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 50,000 ETH allocation to decentralized finance (DeFi) projects. Valued at approximately $80 million,...
EUR/USD Outlook: Further Decline Expected Below 200-Day Moving Average
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...
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,...
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....
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 its March launch. The upgrade, designed to enhance scalability and network efficiency, is a key milestone...
US Dollar Outlook: Trump may drive the next upward move.
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...
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 levels, driven by renewed interest from high-profile developments such as Donald Trump’s crypto-related...
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 launch by PostFinance, a major Swiss financial institution. The move has fueled optimism among investors,...
EUR/USD Outlook: Potential near-term stabilization in sight
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 USD/JPY pair continues to trend lower, reflecting market concerns over potential shifts in monetary policy. The yen’s recent strength is attributed to growing speculation that the Bank of Japan (BOJ)...
The EUR/USD pair remains constrained below the critical 1.0600 resistance level, as traders digest a mix of economic data and market sentiment. Despite intermittent attempts to breach this barrier, the...
The EUR/USD currency pair extended its decline, falling below the 1.0550 level as markets braced for critical economic cues. Traders anticipate European Central Bank President Christine Lagarde’s speech,...
Solana Price Outlook: Investors Pull $500M SOL as Bitcoin Crosses $100K
Investors have unstaked $500 million worth of Solana (SOL), sparking concerns over potential market turbulence....
Ethereum Price Outlook: Whales could drive ETH to challenge $4,868 all-time high resistance
Ethereum (ETH) is regaining momentum as significant market players, known as whales, exhibit increased...
Dogecoin Projection: Traders Shift $380M as DOGE Tracks Bitcoin’s Pullback
Dogecoin’s market activity surged with $380 million worth of trades, mirroring the pullback seen in Bitcoin’s...
Elliott Wave: Can Bitcoin Surpass 100k Despite USD Strength?
Bitcoin is approaching a critical juncture as investors speculate whether the cryptocurrency can surpass...
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