FX option expiries for June 10 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0685 1.1b 1.0760 570m 1.0775 1.1b 1.0800 961m 1.0850 834m 1.0875 580m 1.0900 1.7b - USD/JPY: USD … [Continue reading]
WTI rebounds to near $75.50 due to expectations of Fed rate cuts
WTI price gains ground due to speculation of a Fed rate cut in September. Crude Oil prices may struggle as a strong US jobs report would bolster a hawkish stance from the Fed. Concerns about a supply surplus have grown as OPEC+ decided to reverse … [Continue reading]
Cardano price consolidation likely to trigger bearish breakout
Cardano price is consolidating inside a descending triangle setup. A breakout from this pattern could trigger a 17% crash to $0.351. A decisive daily candlestick close above $0.492 will invalidate the bearish thesis. Cardano (ADA) price … [Continue reading]
Binance Coin price to give bullish breakout another go
Binance Coin price is likely to provide sidelined buyers another opportunity to accumulate. Investors need to be careful in buying BNB dips due to the uncertain market outlook. A breakdown of the $596.5 support level will invalidate the bullish … [Continue reading]
1inch price edges closer to 15% crash as 1INCH bears shatter key support level
1inch price shows signs of exhaustion in line with the bearish market outlook. Investors can expect a 15% crash as the $0.0.451 support level is breached. A flip of the $0.501 support level will invalidate the bearish thesis for 1INCH. 1inch … [Continue reading]
Bitcoin’s 2% crash wipes $4.21 billion in OI and handicaps altcoins, what’s next?
Bitcoin price triggered a quick 2.05% downtick on Friday. Despite being a small downturn, altcoins took a massive hit and are down by double digits. BTC’s uncertainty has created a dilemma on whether they should buy the dip or sell. The … [Continue reading]
Sei price consolidation forecasts 40% crash as crypto market flips bearish
Sei price is consolidating in a descending triangle pattern. A breakout from this setup forecasts a 40% crash to $0.271. A swift flip of $0.560 hurdle into support will invalidate the bearish thesis. Sei (SEI) price consolidation is nearing … [Continue reading]
Dogwifhat meme coin likely to provide another buying opportunity
Dogwifhat price is consolidating inside a broadening wedge setup. The recent crash knocked WIF to retest the lower limit of this technical pattern. WIF is likely to sweep $2.32 before it triggers a rally to the upside. Dogwifhat (WIF) … [Continue reading]
Here’s what needs to happen for Fantom price to hit $1
Fantom price shows signs of exhaustion, which is in line with the broader market conditions. Investors can expect FTM to revisit $1 if it can reclaim $0.75. A breakdown of the $0.61 support level will invalidate the bullish thesis. … [Continue reading]
GMX whales are not hiding anymore, here’s what swing traders can do next
GMX’s top 50 holders bags have been on a non-stop uptrend in 2024. According to data analytics sources, institutions have been accumulating and withdrawing GMX out of exchanges. GMX price has shot up more than 20% in the past two days and is likely … [Continue reading]