Share: EUR/USD on front foot. Economists at Société Générale analyze the pair’s technical outlook. Upside limited EUR/USD recently carved out an interim trough at 1.0695. An initial bounce is under way, but the pair is struggling to establish … [Continue reading]
USD/CAD sticks to intraday gains around 1.3525 amid weaker Crude Oil prices
Share: USD/CAD scales higher for the second successive day on Monday amid sliding Oil prices. Retreating US bond yields undermines the USD, though does little to hinder the uptick. The US housing market data could produce short-term trading … [Continue reading]
Singapore Industrial Production (YoY) came in at 1.1%, below expectations (4.5%) 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]
Japan Corporate Service Price Index (YoY) fell from previous 2.4% to 2.1% 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]
Near Protocol Price Prediction: NEAR pumps 10% as investors envision another buy opportunity here
Share: Near Protocol price is up almost 10% as sidelined and late traders join investors in looking for the next entry. NEAR could provide another buying opportunity at the 50% Fibonacci retracement level of $3.34. A break and close below the … [Continue reading]
UNI price drops over 10% as Uniswap DEX switches on their fee distribution incentive
Share: Uniswap Foundation proposed to switch on the fee distribution incentive in the summer of 2022 and has since followed through. UNI token holders who have delegated and staked their tokens will be rewarded/incentivized. UNI price … [Continue reading]
Ethereum price teases with a breakout, eyes $3,200 milestone as ETH bulls show resolve
Share: Ethereum price is confronting the upper boundary of the ascending parallel channel after multiple attempted breakouts. ETH could make a 6% climb to $32,000 as bulls continue to show up The bullish thesis will be invalidated if the PoS’s … [Continue reading]
Blast L2 backed protocol, Risk, rugs 500 ETH amid shoddy due diligence in project onboarding
Share: Blast L2 took the Layer space by storm with rising liquidity as fresh launchers leveraged its platform for reach. Like moths to light, influencers and funds presented themselves to the project, attracting more projects to its blockchain … [Continue reading]
Solana Price Prediction: SOL could easily go all the way back to $79.49 low
Share: Solana price remains below the midline of the market range with the bears showing strength SOL could drop 20%, revisiting the January 23 lows before the next leg up . The bearish thesis will be invalidated if the price breaks and closes … [Continue reading]
BNB price eyes $400 as Binance Coin bulls keep showing up
Share: Binance Coin is consolidating within a descending parallel channel, which has precipitated a bullish breakout before. BNB could hit $400 soon, 5% above current levels as bulls continue to show up. The bullish thesis would be invalidated by a … [Continue reading]