Market Analysis – September 14 USDJPY retreats into the Fair Value Gap. The market analysis for USDJPY suggests a positive outlook in both the long and short term. The price has been consistently rising since late February, with minimal pullbacks. USDJPY KEY LEVELS Demand Levels: 145.000, 137.100, 130.00 Supply Levels: 151.800, 155.100, 160.000 Long-Term Trend: […]
In a significant move, the Monetary Authority of Singapore (MAS) has handed down a nine-year ban to prominent crypto fund managers Kyle Davies and Zhu Su. The co-founders of Three Arrows Capital (3AC), a once-mighty crypto hedge fund, have been found guilty of violating Singapore’s securities laws. MAS Accuses 3AC Duo of Illegal Short-Selling MAS […]
Investors are closely monitoring the Euro’s movements as anticipation builds around the European Central Bank’s (ECB) imminent decision on interest rates. The Euro managed to gain ground against the US Dollar, reflecting the keen interest in the ECB’s upcoming announcement. The ECB faces a challenging situation, torn between the surging inflation rate in the Eurozone, […]
Crypto credit cards, often called Bitcoin credit cards, represent the evolution of credit cards. In appearance and function, they resemble traditional credit cards, with the added advantage of allowing you to use cryptocurrency for transactions wherever Visa, Mastercard, or Amex are accepted. Usually, crypto credit cards are issued by banks or financial institutions, providing a […]
The British pound experienced a sharp decline on Wednesday, bottoming at a fresh three-month low of 1.2441. The catalyst for this tumultuous tumble was the release of official data by the Office for National Statistics (ONS), revealing that the UK economy had contracted by a substantial 0.5% in July. This decline marked the most significant […]
Market Analysis – September 13 US 30 continues its bullish drift. The stock market has been witnessing a bullish drift, with buyers showing strong momentum and making consistent gains. The buying activity has been robust, indicating positive sentiment among investors. If this upward trend continues to strengthen, there is a possibility of a breakthrough at […]
Market Analysis – September 13 EURCHF lurks in consolidation. The market experiences a successful bearish breakout on the daily timeframe. A declining wedge has defined the market since February. The support trendline was invalidated on July 12. I The selling pressure significantly pushed the price underneath the support trendline. The sell-off was initiated, and then […]
Market Analysis – September 12 USDJPY market structure remains bullish. The market has established a new bullish break-off structure, indicating its resilience and positive outlook. Since the double bottom formation in July, the price has been consistently rising, creating a strong upward trajectory. Key Levels for USDJPY Demand Levels at 145.00, 141.60, and 138.10 Supply […]
Market Analysis – September 12 GBPUSD buyers migrate close to the 1.25500 key level. The pair has been experiencing a bearish trend for the past few weeks as sellers have dominated the market. The price has dropped from above the 1.30000 major level in July to below the 1.25500 key level in September. This indicates […]
