The ASX market has experienced moderate gains since the start of the week. Contributing factors include U.S. President Trump’s inauguration. Meanwhile, the market is expected to gain further momentum, supported by the upcoming Chemist Warehouse and Healthcare merger. Key Price Levels: Resistance Levels: AUD 8,500, AUD 8,600, AUD 8,700 Support Levels: AUD 8,400, AUD 8,300, […]
The Nikkei 225 market has continued to progress along an upward trajectory since testing an upward-sloping trendline. This is occurring at a time when the Japanese yen is experiencing notable depreciation, which has bolstered exports in the country. Key Price Levels: Resistance Levels: ¥40,000, ¥42,000, ¥46,000 Support Levels: ¥39,000, ¥38,000, ¥37,000 Japan 225 Continues to […]
Platinum’s price action has shown an impressive recovery after a downward retracement following the market’s breakout above the $975 resistance. This rebound appears to result from the supply constraints affecting the metal. Additionally, platinum is finding more industrial applications, making it increasingly useful and in high demand. Key Price Levels: Resistance Levels: $975, $1,025, $1,050 […]
The Australia 200 index had retreated from nearly 8,400 AUD due to selling pressure from the technology sector. However, a rebound occurred on Monday, bringing the market back in line with the overall uptrend established since October 2023. Meanwhile, today’s trading activity remains in positive territory as investors watch for the US CPI release, a […]
Japan 225 has witnessed considerable selling pressure from foreign investors, leading to a significant market decline. However, the market experienced a minor rebound in today’s trading activity, likely influenced by foreign markets. Nevertheless, the rebound appears weak, suggesting that domestic factors continue to have a greater influence on price performance in this market. Key Price […]
Things are brewing well in the Platinum market even as we head into the new year. Several factors are aligning to support price increases at a time when metal production is set to see a decline. Likewise, the automotive sector is set to increase the use of the metal in a bid to lower CO2 […]
Ethereum, the world’s second-largest cryptocurrency, has experienced a significant price and volume surge within the past 24 hours. This rally comes on the heels of reports indicating the imminent arrival of Ethereum futures exchange-traded funds (ETFs) in the U.S. market. These ETFs are financial instruments designed to mirror the price movements of Ethereum futures contracts, […]
Coinbase Financial Markets, Inc. has secured regulatory clearance from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC). This milestone exemplifies Coinbase’s unwavering commitment to conducting business in accordance with regulations, all while providing reliable and innovative crypto-native solutions for the market. This accomplishment positions Coinbase Financial Markets […]
