Share: Celestia price trades inside a range, extending from $13.88 to $20.33. A breakout above $20,33 could result in a 20% rally to a new all-time high at $24.31. Investors might get an opportunity to accumulate around the $18.22 support … [Continue reading]
Neutron Price Forecast: NTRN bulls eye 20% rally amid optimistic market sentiment
Share: Neutron price is trading inside a range, extending from $0.954 to $1.416. A breach of the range’s midpoint at $1.182 could trigger a 22% rally to $1.416. Invalidation of the bullish thesis will occur on a twelve-hour candlestick close … [Continue reading]
APT, CYBER, SAND, APE tokens to experience unlock waves next week
Share: Aptos, Cyber, The Sandbox, and ApeCoin have voluminous token unlocks scheduled for next week. APT, CYBER, SAND, and APE worth millions of dollars are set to flood markets in a cliff unlock. Increased token supply could create massive sell … [Continue reading]
EUR/USD finds thin gains on Friday, remains capped below 1.0800
Share: EUR/USD found some room higher but still lacks upside momentum. Final German HICP and CPI inflation brought no surprises. US CPI inflation, EU GDP figures slated for next week. The EUR/USD found some room on the high side on Friday, … [Continue reading]
Tech stocks lift Nasdaq, S&P 500 sees its first-ever close above 5,000
Share: S&P 500 ended the week at a new all-time high above 5,000. Alibaba, PayPal and Disney were among noteworthy companies that reported earnings this week. Technology Sector is the best-performing S&P 500 major sector on Friday. The … [Continue reading]
Gold Price Forecast: XAU/USD declines as bears gather traction ahead of US CPI
Share: The XAU/USD retreated to $2,025 on Friday, registering losses of 0.40% on the day. Despite soft CPI revisions, the metal failed to gather traction. Daily chart indicators hint at a bearish bias, with RSI's negative slope and MACD's rising … [Continue reading]
Forecasting the Coming Week: US inflation figures grab all the attention
Share: Following Monday’s Powell-driven sharp rebound in the US Dollar, the risk-linked galaxy managed to regain some balance as the sessions passed by, sparking a decent recovery in the likes of the single currency and the British Pound in an … [Continue reading]
Natural Gas in the eye of a US political storm
Share: Natural Gas hits another rock bottom level by hitting $1.85. Traders are sending Gas prices lower with pressure mounting on ending Biden’s Gas moratorium. The US Dollar Index eases and heads back to test 104 with a possible break towards the … [Continue reading]
Canada Jobs Report Preview: Anticipated Increase in Unemployment Rate
Share: The Unemployment Rate in Canada is expected to tick higher in January. A positive surprise could prompt the Bank of Canada to delay rate cut plans. Further cooling of the labour market could put the Canadian Dollar under … [Continue reading]
NZD/USD rises to near 0.6120 on ANZ prediction of RBNZ rate hike in February
Share: NZD/USD gains ground on the expectation of RBNZ to increase interest rates in February. ANZ anticipates the RBNZ to increase OCR by a 25-basis point in both February and April. Reuters poll anticipates that the PBOC will maintain the … [Continue reading]