Ripple (XRP) has been gaining significant attention in recent times. Despite facing a challenging legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple has impressively surged by 45% this year. The positive momentum behind XRP can be attributed, in part, to Ripple’s ambitious plans for global expansion. Over the past 90 days, XRP […]
Key Resistance Levels: 132.00, 133.00, 134.00Key Support Levels: 129.00, 128.00, 126.00 EUR/JPY Price Long-term Trend: Bullish Since June 15, the EUR/JPY pair has hit the overbought territory as it faces rejection at level 158.00. On June 27, the currency pair rose to a high of 157.93 before falling back. The Yen is currently trading between […]
FTSE Analysis – Buyers Are Fueling a Rally Upward FTSE buyers are gathering strength amidst the pressure created by sellers. The FTSE buyers have been exhibiting quite a resilient attitude amidst the pressure created by sellers in the stock market. With sellers pulling out and buyers pushing forward, the stock market seems to be on […]
The U.S. dollar weakened on Friday after a report showed that consumer spending, the main driver of the economy, barely rose in May while inflation moderated slightly. According to the Commerce Department, personal consumption expenditures (PCE) edged up by 0.1% month-over-month in May, missing the consensus estimate of 0.2%. On a year-over-year basis, PCE increased […]
Market Analysis – June 30 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade has displayed remarkable performance since the beginning of the year. Following the shift from a bearish to a bullish market direction in January, buyers have consistently driven the price higher. USDJPY – […]
In the latest report by the Bureau of Economic Analysis, the US GDP (gross domestic product) for the first quarter of 2023 showed a modest increase of 2.0 percent, outpacing the previous quarter’s growth rate of 2.6 percent. The revised estimate, based on more comprehensive and reliable data, exceeded earlier expectations of a mere 1.3 […]
Gold Analysis – Sellers Approach the 1902.540 Key Level Gold buyers seek upside amid a tendency. The XAUUSD buyers have been fighting an uphill battle lately, with the Gold price dropping as a result of sellers pulling out of the market. The Bears have been attacking the 1902.540 significant level, causing the buyers to be […]
In recent weeks, the Japanese Yen has experienced a rapid decline against its G10 counterparts as other central banks reinforce their hawkish stance. This simultaneous occurrence of events, coupled with supportive comments regarding the Bank of Japan’s unconventional monetary policy, has created an unfavorable situation for the Yen. Currency diplomat Masato Kanda has expressed concerns […]
Nasdaq Analysis – Buyers Struggle for a Breakthrough NAS 100 remains trapped below the 15175.30 key zones as buyers struggle for dominance. The bulls have been on an impressive run since the start of the year, breaking through and retesting several order levels along the way. The bulls made a significant move when they were […]
