Cardano price prepares for a falling wedge pattern breakout. The Cardano Foundation is in Las Vegas this weekend for the Web3 expo. Low trading volumes could invalidate ADA price's impending move to $0.47. Cardano price appears stuck in a downtrend … [Continue reading]
Assessing prospects of a Bitcoin price rally amid institutional investors’ comeback
Bitcoin price navigates its way through a choppy market. Institutional investors return to the crypto market as retail traders step back. Whales erect walls preventing Bitcoin price from sustaining an uptrend. Bitcoin price is back below $20,000 … [Continue reading]
China Caixin Services PMI: 49.3 (September) vs previous 55
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]
Terra LUNA Classic could accomplish a 1x relief rally in October, here’s how
Terra Luna Classic shows potential for a 100% gain as a pullback towards $5.00 still remains a possibility. LUNA price shows a persistent tapering Volume Profile look amidst the decline suggesting the downtrend is weakening. A breach at $1.96 could … [Continue reading]
Polkadot Price Prediction: A pullback followed by a stronger decline
Polkadot price has been rejected from two moving averages, DOT shows an influx of volume transactions as the price descends. Invalidation of bearish outlook thesis is a breach above $8.00 Polkadot price seems on its way toward newfound lows. Key … [Continue reading]
United Kingdom CFTC GBP NC Net Positions dipped from previous £-46.4K to £-49.5K
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]
Russia Consumer Price Index (MoM) registered at 0.1% above expectations (-0.1%) in September
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]
GBP/USD to fall back toward the lows hit early last week – MUFG
The British pound was the second-worst-performing currency across G10 On Thursday. In the view of economists at MUFG Bank, GBP/USD could slide toward the last week’s lows. Pound remains vulnerable “Given our view of broader financial conditions … [Continue reading]
NZD/USD struggles near multi-day low, below mid-0.5600s as traders await US NFP report
NZD/USD drifts lower for the second straight day amid some follow-through USD buying. Aggressive Fed rate hike bets and elevated US bond yields act as a tailwind for the buck. Recession fears further weigh on the risk-sensitive kiwi ahead of the key … [Continue reading]
US NFP Preview: Headline payrolls to rise by 280K in September – Societe Generale
Analysts at Societe Generale offer their expectations on the upcoming US Nonfarm Payrolls data, which is expected to have a significant market impact. Key quotes “We project a 280K gain.” “The unemployment rate for September is expected to decline to … [Continue reading]