Share: AUD/USD met some selling pressure and revisited 0.6500. Next support of note emerges at the 2024 low near 0.6440. Final Services PMI in Oz and Chinese PMI take centre stage on Tuesday. AUD/USD started the new trading week on the back foot, … [Continue reading]
Weekly Forecast: Powell’s testimony, the ECB and a full Nonfarm Payrolls buildup promise fireworks
Share: Fed Chair Powell testifies twice, setting the stage for the upcoming rate decision. The ECB is set to leave rates unchanged, but new forecasts may rock the boat. Top-tier US data releases culminate in the all-important Nonfarm Payrolls … [Continue reading]
Spain Unemployment Change fell from previous 60.404K to -7.452K in February
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]
Japanese Yen remains on the back foot against USD amid divergent BoJ-Fed expectations
Share: The Japanese Yen ticks lower in the wake of the BoJ policy uncertainty and the risk-on mood. Friday’s disappointing US data keeps the USD bulls on the defensive and might cap USD/JPY. Traders look to the Tokyo CPI report on Tuesday ahead of … [Continue reading]
South Korea Service Sector Output dipped from previous 0.3% to 0.1% in January
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]
Singapore Purchasing Managers Index down to 50.6 in February from previous 50.7
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]
Dogecoin Price Prediction: DOGE refuses to let WIF have all the fun
Share: Dogecoin is leading meme coins north, even though Dogwifhat is outperforming it. With DOGE defending the gains, the upside potential remains alive and the meme coin could reclaim its March 2 peak. If Dogecoin price loses the $0.1356 support, … [Continue reading]
Celo price confirms breakout after CELO L2 migration details
Share: Celo price broke out 15% on March 1, when the network executed its migration to Layer 2. CELO continues to hold above $1.1172, increasing the odds for a further upside. A break and close below $1.1022 would produce a lower low, provoking a … [Continue reading]
Ethereum Price Prediction: The long game could see ETH climb 30%
Share: Ethereum price has defended its range low of $884.51 since early 2021 while the $4,485.32 peak capped the upside. If ETH manages to close above $3,602.43, it could catalyze a continuation to the January 2021 peak. A break and close below the … [Continue reading]
Three sectors that could thrive as 2024 bull market warms up
Share: AI and meme coin sectors are on the grind, which one will sustain the gains the longest? Layer 2 tokens are an interesting lot given their off-chain solutions and therefore utility. Gaming tokens also have strong utility as users chase … [Continue reading]