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AUD/USD Forecast: Looking To Breakthrough

AUD/USD Forecast: Looking To Breakthrough

At the end of the day, the Australian dollar is at a potentially pivotal point, with market indicators suggesting a build-up of momentum for an upward move. The AUD/USD experienced a significant surge at the beginning of the trading week, momentarily surpassing the 0.66 level. This movement indicates a growing momentum within the market, potentially setting the […]
Bitcoin Commentary – Tuesday, Nov. 28

Bitcoin Commentary – Tuesday, Nov. 28

Image Source: Unsplash  BTC Dips from HighsBitcoin futures have undergone an almost 6% rotation lower over the last two daily sessions as choppy price action continues. BTC has been stuck in a labored grind higher over recent weeks following a breakout move higher over October. While fresh YTD highs were posted late last week, the coin […]
Silver Price Analysis: XAG/USD Bulls Have The Upper Hand, Remains On Track To Conquer $25.00

Silver Price Analysis: XAG/USD Bulls Have The Upper Hand, Remains On Track To Conquer $25.00

 Image Source: Pixabay   Silver is seen oscillating in a narrow range below a three-month top touched on Monday. The technical setup favors bulls and supports prospects for additional near-term gains. Any meaningful dip could be seen as a buying opportunity and is likely to remain limited. Silver (XAG/USD) enters a bullish consolidation phase and oscillates in […]
Bitcoin At $37,000, While Ethereum Is Struggling At $2,000

Bitcoin At $37,000, While Ethereum Is Struggling At $2,000

Bitcoin chart analysisIn the last 24 hours, Bitcoin price has moved below the EMA50 moving average. This week’s pressure on the price dropped yesterday to $36,727. There, we get support, start a bullish consolidation, and climb up to $27300, where we meet resistance and bounce off the EMA50 moving average. After that, we make a bearish […]
Ethereum Is Eyeing April Highs After A Pullback

Ethereum Is Eyeing April Highs After A Pullback

Photo by Kanchanara on UnsplashHello Crypto traders! In today’s article we want to update Ethereum chart with ticker ETHUSD.As you can see today, ETH made nice and clean five-wave recovery, which indicates for more upside, at least towards the April highs and 2200 – 2300 area or maybe even higher. However, currently we can see […]
Less Than Useful Data: Inflation Indices

Less Than Useful Data: Inflation Indices

Inflation indices like the Consumer Price Index (CPI) and the Producer Price Index (PPI) have been in the news a lot since inflation began running hot in the spring of 2021.As their names suggest, these seasonally-adjusted indices provide a measure of the inflation experienced by different groups within the U.S. economy. The CPI represents the measure of inflation experienced […]
Sensex Today Trades Flat; BPCL & Hindalco Top Gainers

Sensex Today Trades Flat; BPCL & Hindalco Top Gainers

Asian shares opened mostly higher on Tuesday, despite lacking firm direction either way. However, bulls took the charge hoping the combination of a weaker dollar, lower US bond yields and softer oil prices will provide the impetus for a more positive session.The Nikkei is trading 0.3% lower while the Hang Seng index is trading 0.2% […]
Daily Market Outlook – Tuesday, Nov. 28

Daily Market Outlook – Tuesday, Nov. 28

Image Source: Unsplash  Asia – As the corporate month concludes, stocks in the Asia-Pacific region displayed a mixed performance, influenced by a lower yield environment and the lacklustre performance of US stocks. The Nikkei 225 index struggled to maintain early gains, facing profit-taking amid a strengthening currency. The Hang Seng index and Shanghai Composite index also […]
SEC Still Probing Binance US Over FTX-Like Fraud 
                    
 

SEC Still Probing Binance US Over FTX-Like Fraud  

The US Securities and Exchange Commission (SEC) is still investigating Binance US in search of evidence that the exchange and former CEO, Changpeng “CZ” Zhao, had a backdoor to control customer assets.UnsplashThe SEC filed 13 charges against Binance (BNB-X), Binance US, and Zhao in June. At the time, the securities regulator claimed the accused operated an unregistered […]
Ominous Signs As The Week Gets Going

Ominous Signs As The Week Gets Going

Image Source: Pixabay  The market got off to a quiet start on Monday, though the big-picture stories were all bearish leaning. Chinese equity markets took an early blow after industrial profits decelerated.Video Length: 00:00:57More By This Author:Keeping An Eye On The Yellow Metal Back To Fuller Form As US Returns Where Things Stand Into The End […]