The Mexican Peso edges higher as interest rates in Mexico are expected to remain elevated. Relatively higher interest rates attract higher inflows of foreign capital. USD/MXN consolidates in its downtrend after a breakout. More downside … [Continue reading]
China’s CPI inflation rises to 0.3% YoY in April vs. 0.1% expected
China’s Consumer Price Index (CPI) rose 0.3% YoY in April after reporting a 0.1% growth in March. The market forecast was for a 0.1% increase. Chinese CPI inflation came in at 0.1% over the month in April versus March’s 1.0 decline. … [Continue reading]
Could Worldcoin price shoot up 45% ahead of OpenAI’s live stream on Monday?
Worldcoin price eyes a quick 45% rally in anticipation of OpenAI’s live stream on Monday. WLD needs to clear $6.70 hurdle before it can climb up to $8.55. A daily candlestick close below $4.22 support level will invaldiate the bullish thesis … [Continue reading]
Here’s what needs to happen for The Graph price to revisit $0.422
The Graph price trades inside the $0.192 to $0.494 range. Investors need to wait for GRT to overcome $0.343 before being bullish on GRT. If successful, GRT could rally 50% and revisit the $0.422 hurdle. A decisive daily candlestick close below $0.192 … [Continue reading]
SingularityNET price could bounce 30% if AGIX can hold this level
SingularityNET price trades inside the $0.903 to $1.475 range. A recovery in the crypto market outlook could see AGIX rally 30% and tag $1.189. A breakdown of $0.811 support level will invaldate the bullish thesis for AGIX. SingularityNET … [Continue reading]
Arkham price primed for a recovery rally ahead of OpenAI’s announcement
Arkham price eyes a potential reversal as it clears key hurdles. ARKM likely to rally 27% if it can overcome $2.74 resistance level. A breakdown of $2.28 wil invalidate the bullish thesis for the AI-based token. Arkham (ARKM) price could benefit … [Continue reading]
Ripple price breaches 700-day trend line, signaling a gloomy picture for XRP holders
Ripple price slipped below a crucial 700-day uptrend support level on the weekly chart. Subsequent attempts at recovery have failed, leading to an ongoing consolidation. A breakdown of the current support level of $0.468 will lead to a bloodbath for … [Continue reading]
Pepe price primed for 25% rally as PEPE bulls ignore Friday’s correction
Pepe price holds up well despite the recent market correction, showcasing strength. Investors can expect PEPE to climb 25% and tag $0.0108. A breakdown of the recently created low of $0.00760 will invalidate the bullish thesis. Pepe … [Continue reading]
Dogecoin’s dilemma offers day traders opportunity to scalp DOGE
Dogecoin price is finding its footing as it tags the $0.139 to $0.144 order block. A bounce from the order block could push the dog-themed crypto to sweep the equal highs at $0.168. A breakdown of this order block could see DOGE sweep the equal … [Continue reading]
China M2 Money Supply (YoY) registered at 7.2%, below expectations (8.3%) in April
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]