The US Dollar (USD) is tracking a little lower on the session. Economists at Scotiabank analyze Greenback’s outlook. Easter week may be a little quiet for markets USD losses are relatively limited within the core major currencies and while … [Continue reading]
EUR/GBP to extend its race higher on a break above 0.8610 – SocGen
EUR/GBP nears the 0.8600 level. Economists at Société Générale analyze the pair’s technical outlook. Last week low of 0.8530 is near-term support EUR/GBP recently defended the low of last August near 0.8490 and evolved within a small base. It has … [Continue reading]
Australian Dollar strengthens amid weaker US Dollar, awaits Aussie Consumer Confidence
Australian Dollar rises on stronger Chinese Yuan and higher ASX 200 on Monday. Australia's government has committed to backing a minimum wage increase aligned with inflation in 2024. CNY experienced a significant upward movement due to FX … [Continue reading]
China’s Li: Low inflation, low central government debt mean more room for further macro policy
China's Premier Li Qiang spoke on Sunday at the China Development Forum in Beijing. He said that the nation’s inflation rate and the central government's debt burden are relatively low, leaving more room for further macro policy steps, per … [Continue reading]
Litecoin price could kickstart a 32% ascent if LTC bulls overcome this crucial level
Litecoin price hovers below the $100 psychological level and a declining resistance level. Due to the bullish market structure, LTC could kickstart an ascent to $119.84. A breakdown of the $76.78 support level will invalidate the bullish … [Continue reading]
Celestia Price Prediction: TIA at crossroads as it forms rounded top
Celestia price set up an ATH on February 10 at $21.16 and has been descending since. The recent 37% crash betwene March 13 and 19, has put the bullish trend in question. A breakdown of $11.74 could lead to a steep 22% correction to 9.14. Celestia … [Continue reading]
Sushi price primed for 70% rally as SUSHI bulls clear critical resistance level
Sushi price has overcome a resistance level at $1.628, showing bullish strength. If the $1.628 level holds, investors can expect SUSHI to kickstart a 70% rally to $2.78. A breakdown of the $1.012 level would invalidate the bullish thesis. Sushi … [Continue reading]
Can Ripple borrow a page from meme coins and trigger 50% rally?
Ripple price sits at a key confluence support level of $0.586, hinting at a potential breakout rally. The structure of XRP’s recent price action is similar to meme coin consolidation, often leading to an explosive surge. A breakdown of the … [Continue reading]
Why a slow descent for Shiba Inu is likely after 355% rally
Shiba Inu price registered a 354% gain between February 27 and March 4 after breaking out of its 652-day consolidation. SHIB has already shed 42% and is currently trading at $0.0000264. Investors can expect the meme coin to drop another … [Continue reading]
Solana Price Prediction: SOL likely to fall another 20% before buyers step in
Solana price has faced intense selling pressure around the $200 psychological level. Technicals hint at another 10% to 20% correction on the cards for SOL. Sidelined buyers could get a buying opportunity on the potential retest of $134. Solana … [Continue reading]