AUD/NZD embraces the previous session’s losses on Thursday. Additional losses if pair decisively breaks 1.0460. Momentum oscillators indicate underlying bearish sentiment. AUD/NZD continues to skid down on Thursday Asian’s session. The pair opened took multiple support near 1.0460 level. At the time of writing, AUD/NZD is trading at 1.0460, down 0.09% for the day. AUD/NZD
Month: August 2021
This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. While the fresh bullish momentum attracted the attention of investors, Bitcoin’s (BTC) move from $33,400 to $45,900 was pretty much in line with the rest of the market. Whether
Dollar drops notably in early US session after consumer inflation data. Headline CPI was steady while core CPI slowed a little. At least, inflation hasn’t been worsening from Fed’s “transitory rhetoric”. US stock futures also jump, probably on reduced concerns over monetary tightening. New Zealand and Australian Dollars are currently the strongest, followed by Swiss
Dollar at the lows of the day Dollar bulls got just about everything they could have wanted from Kaplan and George but evidently it wasn’t enough for spark a fresh rally. Now they’re rushing to the exits. The trigger was a 10-year Treasury auction that stopped through by a whopping 3.2 bps. The US dollar
Earlier gains are erased The NASDAQ index has cracked below its 100 hour moving average and scooted lower. Recall from yesterday, and Monday as well, the index’s price tested the 100 hour MA, only to find buyers leaning against the level. Today’s crack below the moving average, led to stops being triggered and the price showing increased downside momentum. Stay
New Delhi: Gold in the national capital on Wednesday jumped Rs 159 to Rs 45,130 per 10 gram amid firm global trends, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 44,971 per 10 gram. Silver also gained Rs 99 to Rs 61,250 per kilogram from Rs 61,151 per
In this article DOCS Jeff Tangney, CEO, of Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE Doximity shares jumped as much as 10% in extended trading Tuesday after the online health company, which held its stock market debut in June, said quarterly revenue doubled. Here’s how the company
GBP/JPY keeps facing a strong resistance at 153.30/50. The bullish bias is still in place, but the price is near critical short-term support. The GBP/JPY is moving with a slightly bullish bias, facing a strong resistance around 153.30/50. The bullish outlook is being supported by the critical area around 152.85/90, which contains the 21-SMA and
Following a massive $600 million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen cryptocurrency funds. At about 4:00 UTC on Wednesday, the hacker sent an Ethereum transaction to themselves, stating that they were “ready to return the fund” in an embedded transaction message. Source: Etherscan
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The EASIEST Forex Trading Strategy Ever! In this video, learn from master trader Joe Giunta as he teaches you the EASIEST FOREX TRADING STRATEGY you will ever learn. This is a private session for Team Take Profits and the Trade and Get Paid squad, that he opened up for anyone as a one time free
Dollar’s rally continues in Asian session today, in particular against Euro, Swiss Franc and Yen. Though, cautious comments from Fed Evans is not giving any particular boost elsewhere. Commodity currencies are still resilient, as supported by overall optimistic sentiment, with DOW closing at new record high. Main focus will now turn to US consumer inflation
Yesterday it was a death sentence for a Cnadain in China, today this. Canadian Michael Spavor to serve 11 years on spying charges AP links this to the Huawei case in Canada Spavor was detained in 2018 after his government arrested an executive of the Chinese tech giant.The verdict Wednesday is the latest indication of
What levels are in play for the EURUSD and the GBPUSD. Are the bottoms in place The GBPUSD and the EURUSD both nearly reached some key downside targets.. For the EURUSD, the pair got within 4-5 pips of the 2021 low for the year and has bounced modestly. For the GBPUSD the pair reached the
Gold prices edged lower on Wednesday, pressured by a stronger dollar and a rise in bond yields, while investors cautiously looked forward to US inflation data that could influence the Federal Reserve’s timeline to taper monetary support. FUNDAMENTALSSpot gold was down 0.2% at $1,725.98 per ounce by 0048 GMT, while US gold futures fell 0.2%
In this article COIN BTC.CB= Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. Robert Nickelsberg | Getty Images Coinbase shares rose as much as 2.1% in extended trading Tuesday after reporting second-quarter revenues that were stronger than analysts had expected.
GBP/USD extends a four-day losing streak ahead of the US CPI data. The cable is challenging 21-DMA support at 1.3831. Bearish RSI calls for a test of the 200-DMA support. Following the rejection above 1.3900 last Friday, GBP/USD is extending the bearish momentum into the fourth straight this Wednesday. At the time of writing, GBP/USD is
Cardano (ADA) has been in the spotlight lately and this is partially because of its early 2021 price performance and the fact that its huge fan base has been anxiously awaiting the launch of the network’s smart contract capability in the upcoming Alonzo upgrade. While the rise of DeFi took place and the total value
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