Shiba Inu price declined by 8% before quickly producing a countertrend defense. On-chain metrics show exchanges have increased the SHIB supply by 5 trillion tokens. A breach above $0.00000932 is needed to consider aiming for bullish … [Continue reading]
United States 3-Year Note Auction: 4.093% vs previous 4.605%
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]
EU’s von der Leyen: Our energy supply is safe for this winter
European Commission President Ursula von der Leyen said in a press conference on Monday that Europe's energy supply will be safe this winter, as reported by Reuters. "Despite the action that we have taken, we might still face a gap of up to 30 … [Continue reading]
Forex Today: Markets turn cautious to start the big central bank week
Here is what you need to know on Monday, December 12: Markets seem to have turned cautious at the beginning of the week with participants staying on the sidelines ahead of this week's eagerly-awaited central bank policy announcements and high-tier … [Continue reading]
USD/JPY braces for 138.30 hurdle on firmer yields ahead of US inflation, FOMC
USD/JPY cheers upside break of three-week-old resistance to refresh intraday high. Yields remain firmer amid recession woes but light calendar on Monday, firmer Japan PPI readings probe the Yen buyers. US CPI, Fed’s signals for future rate hikes will … [Continue reading]
AUD/USD bulls flirt with 0.6800 as they seek validation from RBA’s Lowe, Fed
AUD/USD remains sidelined after closely missing the bearish weekly close. US Dollar gained on upbeat data, pre-Fed anxiety and geopolitical fears. Aussie Dollar cheers optimism surrounding China, RBA’s positive tone. No major data from Australia on … [Continue reading]
Binance exchange is not compromised, CZ confirms, normal “market behavior”
Binance exchange locked withdrawals on some accounts that were profiting off massively volatile coins. CZ explained on Twitter that this was normal market behavior and sometimes these things happen in free markets. The altcoins in question include … [Continue reading]
ATOM Price Prediction for December 11: Cosmos bulls eye a quick rally
ATOM price has signaled the start of a potential uptrend by producing a higher high above $9.89. A pullback into the FVG range, extending from $9.78 to $9.83 will be a buy sign, before a quick run-up to $10.56. A four-hour candlestick close below … [Continue reading]
Fantom price eyes breakout from multi-month consolidation, FTM holders could triple investment
Fantom price shows a consolidation below a trend line connecting the lower highs produced since May 23. A breakout from this setup could result in a minor move to $0.317, but depending on the momentum, FTM could rally 170%. A daily candlestick close … [Continue reading]
Bitcoin price will provide patient investors an opportunity to accumulate before $20,000
Bitcoin price shows a tight consolidation below the midpoint of an ascending parallel channel. A sweep of the range high at $17,433 will be a signal before sliding down to the $16,502 accumulation level. A four-hour candlestick close below $16,502 … [Continue reading]