XAG/USD finds support near $22.50, downside remains intact
Share: Silver price gauges an interim cushion near $22.50, more downside looks likely as Fed rate cut bets ease. Strong US consumer spending has dented hopes of rate…
Gold – Struggling near previous record highs and showing signs of weakness
Bearish correction underway? A lot of rate cuts are now priced in Fib bounce may be a bearish signal Gold is trading a little lower on Tuesday after bouncing higher…
On the Edge of Our Seats! – Slope of Hope – Technical Tools for Traders
Who will win? We’ll have to wait for the results! But what a contest! On the Edge of Our Seats! On the Edge of Our Seats! In order to comment…
Australian Dollar trims intraday gains amid a subdued US Dollar, focus on Aussie data
Share: Australian Dollar retraces its losses on risk-on sentiment. Australian job advertisements improved by 0.1% in December from the 4.6% prior. PBoC former director Sheng Songchen stated that…
Market Insights Podcast – US inflation boost, UK GDP, oil spike, bitcoin ETF
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss today’s US inflation data, UK GDP figures and the possibility of a recession, the recent moves…
Looking Deep in my Shorts – Slope of Hope – Technical Tools for Traders
By Tim Knight – 4 hours ago (12, Jan 2024 4:26:00 PM) Looking Deep in my Shorts Looking Deep in my Shorts In order to comment on this blog, you…
USD/CAD edges lower to near 1.3380 as Crude prices rise, US, UK attacks on Houthis
Share: USD/CAD retraces its recent gains as Crude prices continue to gain ground. WTI price moves upward over escalated concern of Middle-East conflict. US and UK military forces…
Market Insights Podcast – US inflation preview, bitcoin ETF announcement
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to look ahead to Thursday’s US inflation release and discuss the accidental bitcoin ETF announcement by the SEC…
The Periodic Table of Commodity Returns – Slope of Hope – Technical Tools for Traders
By Tim Knight – 3 hours ago (09, Jan 2024 5:30:00 PM) The Periodic Table of Commodity Returns The Periodic Table of Commodity Returns In order to comment on this…
Japanese Yen remains on the front foot against USD, bets for BoJ inaction in January to cap gains
Share: The Japanese Yen gains positive traction against the USD for the second straight day on Tuesday. Tokyo inflation report lifts expectations for an eventual hawkish BoJ pivot…
USD/JPY Technical: US dollar strength fizzled out ex-post US NFP
Last week’s broad-based US dollar strength has dissipated ex-post US non-farm payroll data with the continuation of its underperformance against the GBP. The US labour market has started to show…
ETF Weekend Review Two – Slope of Hope – Technical Tools for Traders
By Tim Knight – 2 hours ago (06, Jan 2024 5:58:00 PM) ETF Weekend Review Two ETF Weekend Review Two In order to comment on this blog, you must have…
BlackRock might be on track to create history with $2 billion inflows in spot Bitcoin ETF in a week
Share: VanEck’s head of digital asset research stated BlackRock has over $2 billion lined up in incremental flows in the first week. This would create a new record…
GBP/USD rises on Services PMI, Construction PMI next
The British pound has edged higher on Thursday. In the North American session, GBP/USD is trading at 1.2698, up 0.27%. UK Services PMI beats expectations UK Services Final PMI was…
X-Dividend – Slope of Hope – Technical Tools for Traders
Buying Twitter was a horrible investment. Just horrible……… X-Dividend X-Dividend In order to comment on this blog, you must have JavaScript installed and enabled. Source link
Bitcoin trades above $45,000 even as spot BTC ETF applicants cut it close with the SEC
Share: Bitcoin price rallied by more than 6% over the weekend to hit a 21-month high, breaching the crucial resistance of $45,000. Bloomberg ETF analyst James Seyffart states…
New Zealand dollar under pressure, Chinese PMIs next
Chicago PMI expected to decelerate China releases PMIs on Saturday The New Zealand dollar is in negative territory on Friday. In the European session, NZD/USD is trading at 0.6308, down…
Dropping Balls – Slope of Hope – Technical Tools for Traders
By Tim Knight – 1 hour ago (31, Dec 2023 6:43:18 PM) Dropping Balls Dropping Balls In order to comment on this blog, you must have JavaScript installed and enabled.…
Bitcoin price sustains above $41,500 despite rising BTC exchange supply
Share: Bitcoin exchange supply has climbed steadily in the past three days. BTC price sustained above $41,500 on Saturday, as statistics reveal that over 30% of Bitcoin supply…
Japanese yen edges higher – MarketPulseMarketPulse
The Japanese yen is slightly lower on Friday. In the European session, USD/JPY is trading at 141.75, up 0.27%. The US dollar has taken a tumble in recent weeks against…