Ethereum price today: $3,050Ethereum could post its first weekly gain in five weeks, as buying pressure has begun to outweigh selling.Ethereum open interest remained stable, with short liquidations slightly dominating long liquidations.ETH is testing … [Continue reading]
Mexico Fiscal Balance, pesos: -16.75B (October) vs -198.11B
Bitcoin, Ethereum and Ripple are struggling to sustain their recovery on Friday, reflecting a sticky bearish sentiment. Since the October 10 flash crash, which liquidated over $19 billion in crypto assets in a single day, retail interest in … [Continue reading]
Gold firm above $4,200 on broad dovish repricing for December
Gold (XAU/USD) rises over 1% on Friday amid a scarce economic docket, but traders are pricing further easing by the Federal Reserve (Fed) at the next meeting, pushing the non-yielding metal past the $4,200 mark for the first time in the last ten … [Continue reading]
Silver Price Forecast: XAG/USD surges to record high above $56 amid bullish momentum
Silver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve (Fed) expectations alongside strong industrial and investment demand. At the time of writing, XAG/USD is trading around $56.40, with prices up over 12% this … [Continue reading]
US Dollar Weekly Forecast: Strong resistance emerges around 100.40
The week that wasThis week, the US Dollar has faced significant challenges. It spent every session on the defensive, pulling the Dollar Index (DXY) back from last week’s gains and putting the focus firmly on the downside for now.The pressure has been … [Continue reading]
Forecasting the upcoming week: Focus will be on US ISM prints and PCE data
The US Dollar (USD) came under renewed downside pressure, partially eroding the previous week’s strong uptick, as investors continued to pencil in the likelihood that the Federal Reserve could lower its interest rates once again at its December 10 … [Continue reading]
WTI Crude Oil rises amid Russia-Ukraine peace efforts as focus turns to OPEC+ meeting
West Texas Intermediate (WTI) US Oil trades around $59.30 on Friday at the time of writing, posting a 0.50% daily gain as investors adopt a cautious stance while monitoring ongoing efforts toward a Russia-Ukraine peace agreement.Market participants … [Continue reading]
Gold and Silver prices climb on expected Fed easing – Commerzbank
Silver is approaching its record high, with Gold also rising, as markets price in further interest rate cuts and declining inventories in China boost momentum, Commerzbank's commodity analyst Barbara Lambrecht notes. Silver nears all-time high amid … [Continue reading]
Pi Network Price Forecast: PI dips after rally as 186 million token unlock looms in December
Pi Network (PI) is down 4% by press time on Friday, after three days of an uptrend fueled by the CiDi Games partnership announcement on Wednesday. The intraday pullback risks erasing this week's gains as Centralized Exchanges (CEXs) witness large … [Continue reading]
Zcash Price Forecast: ZEC risks a 30% drop as retail volume overheats the futures market
Zcash (ZEC) extends the pullback by over 3% at press time on Friday, recording over 17% loss so far this week. The second straight bearish week for the privacy coin comes on the back of stagnancy in shielded pools and the congested retail demand, … [Continue reading]