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The Euro (EUR) has pulled back following news of the nomination of Kevin Warsh as the next Federal Reserve (Fed) Chairman, but remains trading in a tight range, with bulls called below 1.1950 and support at the 1.1900 area containing downside attempts for now. Better-than-expected Gross Domestic Product (GDP) figures in Germany and the Eurozone, […]
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XRP has slipped below the $1.90 level as selling pressure continues to weigh on the market, reinforcing a cautious tone across recent price action. Attempts at short-term stabilization have so far lacked follow-through, and momentum remains fragile as traders respond to weakening structure rather than clear directional signals. The move below $1.90 places XRP back […]
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UOB Group analysts Quek Ser Leang and Lee Sue Ann suggest that EUR/USD could see further strength, potentially reaching 1.2150. The report indicates that as long as the strong support level at 1.1890 holds, the upward momentum remains intact. The EUR is expected to trade within a range of 1.1920 and 1.2000 in the near […]
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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance […]
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West Texas Intermediate (WTI) Oil price depreciates after three days of gains, trading around $64.00 per barrel during the Asian hours on Friday. However, WTI stayed on track for roughly 12% monthly gains, underpinned by a rising geopolitical risk premium. Geopolitical risks stayed elevated after Iran warned it would “defend itself and respond like never […]
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Bitcoin price started a major decline below $86,500. BTC is down nearly 10% and might soon test the $80,000 support zone. Bitcoin failed to remain above $86,500 and started another decline. The price is trading above $85,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $83,200 […]
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Silver price (XAG/USD) halts its seven-day winning streak, trading around 113.30 during the Asian hours on Friday. The precious metal retreated from its fresh record high of 121.66, reached on January 29, as profit-taking set in, though prices remained on track for over 60% monthly gains amid elevated economic and geopolitical uncertainty. Geopolitical risks remained […]
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The headline Tokyo Consumer Price Index (CPI) for January rose 1.5% YoY as compared to 2.0% in the previous month, the Statistics Bureau of Japan showed on Friday. Additionally, Tokyo CPI ex Fresh Food climbed 2.0% YoY in January against 2.2% expected and 2.3% in the prior month. The Tokyo CPI ex Fresh Food, Energy rose 2.0% […]
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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits […]
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Gold (XAU/USD) trims some of its earlier losses on Thursday as traders book profits following the Federal Reserve’s (Fed) monetary policy decision, which barely moved the needle as the yellow metal seems poised to record its best month since the 1980s. At the time of writing, XAU/USD trades at $5,315, down 1.83%. Bullion pares earlier […]
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