Share: XAU/USD Current price: 2,015.77 Federal Reserve’s speakers repeat the well-known message of wait and see. The United States will publish the January Consumer Price Index on Tuesday. XAU/USD nears the $2,000 mark with a solid bearish stance … [Continue reading]
US Dollar to soften over the balance of 2024 versus the core majors – Scotiabank
Share: The new year has started with the US Dollar (USD) recovering somewhat from its late 2023 sell-off. Economists at Scotiabank analyze Greenback’s outlook. Narrowing growth and interest rate differentials will combine as a headwind for the USD … [Continue reading]
EUR/USD can find some support back above 1.0800 – ING
Share: EUR/USD gains ground for the fifth consecutive session on Monday near 1.0800. Economists at ING analyze the pair’s outlook. EUR/USD volatility should remain capped The holding pattern that EUR/USD has shown recently may well remain the norm … [Continue reading]
Gold Price Forecast: XAU/USD looks south as the US CPI inflation week kicks in
Share: Gold price trades on the wrong footing at the start of the new week. Markets stay cautious amid holiday-thinned trade, ahead of Tuesday’s US CPI data. Gold price test critical daily support line at $2,023, as RSI flips bearish. Gold … [Continue reading]
Near Protocol Price Forecast: NEAR kicks starts its 100% bounce
Share: Near Protocol price has registered a 21% recovery rally after retesting the $2.57 to $2.70 resistance level. Investors can expect this bounce to continue until it retests the $5.87 weekly hurdle. A decisive three-day candlestick close … [Continue reading]
Cosmos price likely to bounce 10% as ATOM overcomes key resistance
Share: Cosmos price has flipped the $9.83 resistance level into a support floor. ATOM could retest $9.33, allowing sidelined buyers an opportunity to accumulate. Investors can expect a 10% rally to $10.94. A twelve-hour candlestick close … [Continue reading]
Dogecoin price eyes double digit gains as DOGE bulls make a comeback
Share: Dogecoin price trades between the $0.0749 to $0.0943 range for roughly a month. The recent breach of the declining trend line forecasts more upside for the dog-based crypto. DOGE could see a 10% rally that overcomes $0.0895 and tags … [Continue reading]
Worldcoin price eyes 20% rally in anticipation of AI giant Nvidia’s earnings
Share: Worldcoin price has surged 15% in the last four days. A flip of the $2.66 resistance level could trigger a 20% move to $3.19 for WLD. A twelve-hour candlestick close below $2.29 will invalidate the bullish thesis. Worldcoin (WLD) price has … [Continue reading]
Solana Price Forecast: SOL weekly close hints at $135
Share: Solana price sits inside the $80.84 to $127.21 range and eyes a breakout. A flip of the range’s midpoint at $104.02 will be a buy signal for SOL. This development could see the altcoin propel to the next key level at $135. A flip of the … [Continue reading]
Injective Price Forecast: INJ to provide buy opportunity before skyrocketing 25%
Share: Injective price faced resistance at $36.10 and is currently undergoing a pullback. Investors can expect INJ to retrace lower and retest the $33.45 support level. A twelve-hour candlestick close below $30.29 will invalidate the bullish … [Continue reading]