Share: Considering advanced prints from CME Group for gold futures markets, open interest extended the downtrend and this time dropped by around 4.5K contracts on Tuesday. Volume, instead, reversed two consecutive daily pullbacks and increased by … [Continue reading]
BoJ’s Uchida: Japan is now at a phase where it’s important to patiently maintain easy policy
Share: Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said early Wednesday, “Japan is now at a phase where it's important to patiently maintain easy policy.” Additional quotes At present, risk of losing chance to hit price target with … [Continue reading]
Shiba Inu price sustains uptrend after 2 billion SHIB tokens burned across July
Share: Shiba Inu price has managed to sustain along an uptrend line over the last month, steadily recording higher highs and higher lows. The surge is attributed to the network's commitment to a burn mechanism, among other bullish … [Continue reading]
Silver Price Analysis: XAG/USD’s advance halts and finds support at the 20-day SMA
Share: XAG/USD retreated more than 1% towards the $24.20 area, still holding the 20-day SMA. USD is strong after the release of June’s JOLTS Job Opening and the ISM Manufacturing PMI. Rising US Treasury yields are not allowing metals to find … [Continue reading]
Australian Dollar drops on surprise RBA decision
Share: Australian Dollar reverses and declines as it continues ping-ponging up and down in a range. The latest leg down came after the Reserve Bank of Australia decided against raising interest rates, contrary to expectations. The … [Continue reading]
BALD rug pull wipes out 90% of value, hitting Base DEX LeetSwap: A timeline of events
Share: BALD meme coin reached $100 million market within 48 hours of launch, crossing $25 million liquidity in a LeetSwap-based pool. The BALD deployer exhibited malicious behavior and generated a net profit greater than 3,100 ETH … [Continue reading]
Gold Price Forecast: XAU/USD pullback eyes $1,952 retest and US data – Confluence Detector
Share: Gold Price prints first daily loss in three, reverses from short-term upside hurdle within immediate trading range. Firmer US Dollar, yields weigh on XAU/USD amid downbeat China PMI, fears of Sino-American tension. Gold bears eyed US ISM … [Continue reading]
New Zealand Building Permits s.a. (MoM) up to 3.5% in June from previous -2.2%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Silver Price Analysis: XAG/USD rises and threatens $25.00
Share: XAG/USD rose more than 1% and jumped near $24.70. The USD trades flat, allowing precious metals to advance. JOLTs Job openings, ADP and NFP from the US from July reports are the week's highlights. On Monday, the XAG/USD saw significant … [Continue reading]
EUR/USD Price Analysis: Immediately to the upside comes 1.1150
Share: EUR/USD looks to add to Friday’s advance north of 1.1000. Extra upside faces the next barrier at the weekly top around 1.1150. EUR/USD climbs further and revisits the 1.1040 region, or daily highs, at the beginning of the week. In light of … [Continue reading]