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Archives by Year:
Dogecoin Regains Upside Stance As Stagnant Whales Resurface
Meme token Dogecoin (DOGE) exhibits a recovery stance, and its latest actions likely excite cryptocurrency enthusiasts. Invezz.com reported DOGE’s bullish comeback as the token cleared a 12-month-long resistance.The dog-themed asset has maintained its optimism, and Santiment shows that dormant Dogecoin whales have woken up lately, moving a significant amount of coins. Source – SantimentMassive asset movements by large-scale crypto investors generally […]
Solana Is On His Way To 60.00 And Cardano Stopped At 0.390
Solana chart analysisAfter falling on Tuesday evening to the 51.28 level, the price of Solana started a rapid recovery to the 59.00 level on Wednesday. For now, we have resistance in that zone and are moving sideways in the 57.00-59.00 range. We have good support and expect to see a break above and a move […]
Asia Week Ahead: A Hawkish Bank Of Korea Pause Plus Key Releases In China And Japan
Image Source: Pixabay We expect the Bank of Korea to carry out another hawkish pause at its meeting next week as concerns over a recent reacceleration in inflation linger. We’ll also see PMIs out from China, Australian inflation data, third-quarter GDP figures in India, and possibly more upbeat data from Japan. China PMIs to show recovering manufacturing activityAfter a surprise […]
USD/JPY Analysis: Eyes Are Turning Towards The Psychological Resistance Of 150.00 Again. USD/JPY Technical analysis and Expectations Today:
For the second day in a row, the price of the US dollar against the Japanese yen “USD/JPY” is trying to rebound higher to recover from the mid-week losses, which affected the support level of 147.15, the lowest for the currency pair in two months. Yesterday, the US dollar/JPY currency pair rebounded towards the resistance […]
European Stock: Vallourec SA
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Vallourec SABloomberg ticker: VK FPMarket cap: US$2,819mBackground: Vallourec S.A. is a multinational manufacturing company headquartered in France. The company specializes in hot rolled seamless steel tubes, expandable tubular technology, automotive parts, and stainless steel, which it provides […]
EUR/SEK, USD/SEK: Krona Outlook After The Riksbank Decision
Image Source: Pexels Riksbank, the world’s oldest bank, left interest rates unchanged at 6%. Most economists were expecting the bank to hike rates by 0.25%. The Swedish krona has room for more upside in the near term. The Swedish krona moved sideways after the latest interest rate decision by Riksbank. The USD/SEK exchange rate was trading at […]
The UK Has Presented A Fall Budget
Image Source: Pexels US stock indices grew moderately yesterday. At the close of the stock exchange, the Dow Jones Index (US30) rose by 0.53%, and the S&P 500 Index (US500) increased by 0.41%. The Nasdaq Technology Index (US100) closed positive 0.46% on Wednesday.US economic news on Wednesday was mostly better than expected and favorable for the dollar. Weekly initial jobless claims fell by 24,000 […]
The Most Obvious Recession Concern Is Now Getting Really Concerning
Photo by Timothy Newman on Unsplash Even OPEC is having trouble dealing with the growing turmoil in the oil market. Weak demand is forcing the cartel to confront very difficult choices. The reason is that recent price weakness isn’t really just about energy. A whole range of financial indications is pointing once more in that wrong if familiar […]
Two Trades To Watch: EUR/USD, Oil – Thursday, Nov. 23
Image Source: Pixabay EUR/USD rises ahead of PMI data Eurozone Composite PMI data is expected at 46.9 vs 46.5 in October USD could see low volume due to the Thanksgiving holiday EUR/USD bullish above the 200 sma EUR/USD is pushing higher after two days of losses amid USD weakness and ahead of eurozone PMI data EUR/USD slipped […]
Currencies More Cautious Than Stocks
Image source: Pixabay Currencies and stocks are once again seemingly at odds over their interpretation of US economic data and the impact on monetary policy. Key standouts on Thursday’s calendar come from German, Eurozone, UK PMI reads, and Canada wholesale sales. The US market is closed for the Thanksgiving holiday.Video Length: 00:01:17More By This Author:Market To […]
