The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in paper losses. According to blockchain analytics service Lookonchain, one crypto “whale” purchased 962.3 billion Pepe tokens using 70 Wrapped Bitcoin (WBTC) and 470
Gold prices were flat on Monday, after slumping more than 2% in the previous session, as investors maintained a cautious stance ahead of key U.S. inflation data due this week. FUNDAMENTALS * Spot gold held its ground at $2,016.29 per ounce, as of 0016 GMT. U.S. gold futures were down 0.1% at $2,023.80. * The
Dollar weakened broadly during Asian session, as relatively upbeat sentiment in stock markets took hold. Despite Japan’s Nikkei being down after holidays, stocks in Hong Kong and China are both making gains. Australian and New Zealand dollars emerged as the stronger performers for now, followed by Euro. Meanwhile, Canadian Dollar lagged once again, digesting some
The USDCHF moved to the lowest level since January 2021 this week, but found support buyers against state support area from the end of 2020/early 2021. In trading today, the pair got a boost from lower Swiss CPI inflation. That took the price above the 200 hour moving average or support buyers leaned. The US
China’s foreign minister Qin met US Ambassador to China Burns. Comments from Qin reported in Chinese Communist Party-controlled State media: It is imperative to stabilise Sino-US relations, avoid a downward spiral and prevent accidents between China and the US US side should correct its understanding of China, return to rationality US must especially correctly handle
In this article RACE-IT RACE Follow your favorite stocksCREATE FREE ACCOUNT Ferrari Roma Source: Ferrari Ferrari said on Thursday that its first-quarter profit jumped 24% to 297 million euros ($328.8 million), on a 10% increase in shipments as huge demand for its latest models drove a surge in profitability. “Our order book already extends
Share: USD/JPY holds lower ground near intraday low after reversing from 50-SMA. 61.8% Fibonacci retracement level restricts immediate downside ahead of six-week-old support line, 200-SMA. Multiple hurdles toward the north stand tall to challenge Yen pair buyers past 50-SMA, oscillators favor further upside. USD/JPY bulls struggle to keep the reins after snapping three-day downtrend the
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In this video, I will be sharing my xauusd trading strategy by providing my complete technical and order flow analysis so you can watch it to possibly improve your forex trading skillset. ► Important Risk Notice: https://transparentfxtrading.com/terms-conditions/#risk-disclaimer ► Mentorship Program: https://transparentfxtrading.com/ ► Suggested Broker: https://secure.blueberrymarkets.com/en/auth/create-account?refer=11978MT4-BB-L ► Free Telegram Channel: https://t.me/transparentfx PREVIOUS ANALYSIS 1: PREVIOUS ANALYSIS
India‘s gold imports, which have a bearing on the current account deficit, dipped 24.15 per cent to USD 35 billion in 2022-23 due to global economic uncertainties, according to data from the commerce ministry. Imports of the yellow metal stood at USD 46.2 billion in 2021-22. The growth rate in the imports was in the
EURUSD was back to converts 100/200 hour moving averages The EURUSD was a trading near the converts 100/200 hour moving averages before the US jobs report. The data push the price down to support near the 50% retracement at 1.09632 (and a swing area we would between 1.0961 and 1.09653). The fall stalled. The price
Yellen speaking on ABC News’s “This Week” said: The US could face a potential constitutional crisis due to debt ceiling negotiations, with major consequences to the financial markets and interest rates Debt ceiling negotiations should not take place “with a gun to the head of the American people” Reiterated that the government could pay its
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global fell as much as 25% after it reported earnings and revenue that missed analyst estimates and cut its quarterly
Share: USD/CAD bears stay strong and the bulls are pressured to below a key structure. A move to 1.3320 is eyed for the sessions ahead. USD/CAD is heading lower on the day and is down some 1.17% as we head towards the forex close in New York. The pair has been pressured below 1.3500 to
Big Four accounting firm Deloitte has integrated blockchain technology to enable its customers to verify themselves with a single digital wallet, in an effort to streamline the “typically inefficient” verification processes. In a May 4 statement, Deloitte announced it has integrated KILT blockchain technology, a Polkadot (DOT) parachain, to issue reusable digital credentials to improve
Spot gold closed with a weekly gain of nearly 1.50% % at $2017.56. The metal slid sharply lower Friday on seemingly a much better-than-expected US nonfarm payroll report for April. Friday’s loss cut its weekly gain nearly in half. Earlier, gold refreshed its all-time high as it rose to $2080 on May 4 in the
S&P 500 E-mini Futures Weekly Technical Analysis: A Simplified View In this technical analysis of the S&P 500 E-mini futures , we focus on the weekly timeframe to provide a clear and simplified picture without using numerous indicators. The aim is to decrypt the story the S&P 500 is telling and identify potential entry points