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AUD/USD Forex Signal: Hammer Candle Hints At More Gains
Bullish view Buy the AUD/USD pair and set a take-profit at 0.6700. Add a stop-loss at 0.6565. Timeline: 1-2 days. Bearish view Sell the AUD/USD pair and set a take-profit at 0.6500. Add a stop-loss at 0.6710. The AUD/USD exchange rate rose slightly on Thursday morning after the country published mixed jobs data. It also reacted to […]
USD/CAD Hangs Near Multi-week Low, Flirts With 1.3700 Mark Ahead Of US Macro Data
The USD/CAD pair struggles to capitalize on the previous day’s late bounce from a four-week low and attracts some intraday sellers near the 1.3725 region on Thursday. Spot prices, however, manage to defend the 1.3700 mark through the early part of the European session as traders now look to the US macro data for a […]
Dogecoin And The Shiba Inu: New Step Back For Dogecoin
Dogecoin chart analysisDogecoin’s price made a bearish move yesterday, bringing it down to 0.10140. We did not see a recovery in the continuation, and the movement took place in the 0.10150-0.10300 range. Dogecoin remains in a zone of bearish pressure, which could trigger a pullback and drop to a new low. With the momentum lower, the price […]
EUR/GBP Trades With Mild Losses Below 0.8600 As UK Economy Expands 0.6% QoQ In Q2
Image Source: Unsplash EUR/GBP edges lower to around 0.8565 in Thursday’s early European session. UK preliminary GDP expanded 0.6% QoQ in Q2 vs. 0.6% expected. The ECB is anticipated to cut more through the end of next year. The EUR/GBP cross weakens near 0.8565 on Thursday during the early European session on Thursday. The UK GDP […]
Balsa Wood Foundation
Image Source: UnsplashThis is the kind of firm footing into which the bulls are putting their hopes.More By This Author:Commodity Reversal WorkingThe Dellian GapRamp, Camp, And Stamp
Circle will soon enable NFC contactless payments for USDC on iPhones, says CEO
Key Takeaways Circle will introduce USDC tap-and-go payments on iPhones soon. Apple’s NFC chip access is now open to third-party developers. Circle is set to offer NFC contactless transactions for USDC payments on iPhones, said the company’s CEO Jeremy Allaire in a recent statement.The upcoming feature will leverage Apple’s latest decision to let third-party developers […]
US crypto bill could ‘happen’ with Harris’ support — Senator Schumer
Key Takeaways Schumer advocates for a bipartisan approach to US crypto legislation. The Senate aims to pass significant crypto regulation by year’s end. Senate Majority Leader Chuck Schumer has set an ambitious goal to pass bipartisan cryptocurrency legislation by the end of the year, signaling a potential shift in the Democratic party’s stance on digital […]
Earnings Estimates Face Pressure: What To Know
Image Source: Pixabay The overall picture that has emerged out of the Q2 earnings season is one of a stable and improving earnings outlook, with management teams generally providing a reassuring view of the economic ground reality. That said, estimates for the current period have started to weaken faster than we saw in the last two […]
Commodity Reversal Working
Image Source: PixabayThe reversal pattern I pointed out with DBC is going nicely so far.More By This Author:The Dellian GapRamp, Camp, And StampBreadth Strength Update
Current Analysis: Sinopharm Group (SHTDY)
Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Founded in 2003, Sinopharm (SHTDY) is the largest wholesaler and retailer of drugs and medical devices in China and was listed on the Hong Kong Stock Exchange in 2009.It is a core subsidiary […]
