Nov 11 2022 @ 05:09
USD/JPY recorded moderate gains during the early hours of today (Friday). This saw the pair recovering some losses due to a CPI-induced dip towards 140.20. Nevertheless, the in-day uptick failed around 142.00s and the USD/JPY pair gave up most of its in-day gains, as it falls below 141.00 in the first part of the European […]
Nov 10 2022 @ 06:41
EUR/USD lost its footing and has fallen under the 1.000 price level during the early hours of today (Thursday). The short-term outlook reveals that this price decline is due to a lack of buyers. Nevertheless, the United States October CPI data will soon give a new direction to the pair. The risk avoidance situation helped […]
Nov 09 2022 @ 03:33
GBP/USD oscillates near the mid-1.1500s, this happened while the 4 days uptrend as buyers and sellers struggles during early Wednesday. The pair’s past gains can be related to the wide USD lack of upside momentum. The BOE Economist Huw Pill pointed out recession worries during panel discussion. He as well included that the Bank of […]
Nov 08 2022 @ 06:30
Gold appears to be putting an end to its downtrend. This is happening as the subdued United States Treasury yield provided some assistance. The United States Dollar rebounds strongly during a cautious market sentiment on Mid-term Election Day. Gold bulls stay optimistic as strong support lies at the $1,660 price level. XAU/USD price recently obtained […]
Nov 07 2022 @ 07:41
Within a few days of being sold and bought beyond the $21,000, Bitcoin lost this support, as it retraced lower by some hundreds of dollars. Some other alternative coins as well experienced huge falls yesterday, while Solana had the lion’s share of the fall, as it fell by 14%. Solana Steep Dive Solana stood among […]
Nov 06 2022 @ 06:55
Besides Being Restricted at $21,500 and dipping by some hundreds of dollars BTC has strived to remain beyond the $21,000 price level. Many of the existing altcoins are quieter today on daily bases. However, Solana has moved up to a two-month height near the $40 price mark. The Recent Solana Bull Run Caused by Google […]
Nov 05 2022 @ 11:00
Vitalik Buterin today disclosed a new development concerning the Ethereum roadmap. Following the successful completion of the recent Ethereum Merge, coming up next are the Ethereum Surge, Ethereum Scourge, Ethereum Verge, Purge, and lastly the Ethereum Splurge. The huge change consists of the verge which is about verification. Also, the scourge will provide reliability and […]
Nov 05 2022 @ 06:05
Boohoo Group Plc shares (
LSE:BOO) are currently where they are not supposed to be. The price still showcases bearishness, instead of bullishness. For most past of this year, the market has trended downwards, generally. There were occasional rallies along the way, but they were followed by further bearish movements. 4 EMA as used for this […]
Nov 04 2022 @ 11:43
Coinbase revenue fell by over 50% from past years, as cryptocurrency buying and selling activities slow down. Consequently, this has caused the company to lose $545 million compared to a profit of $ 406 million during the third quarter of the last two years (2021). Coinbase raked in as high as 90% of its gains […]
Nov 04 2022 @ 07:34
EUR/USD picks up Momentum and moves towards 0.9800 during the early hours of today. Also, the United States Jobs for October will probably influence the pair when it is published later today. This report is likely to aid the US dollar against its counterpart Which will then drive the pair before the weekend begins. A […]