After a massive jobs data miss, the dollar plunges dramatically in the early US session. Without a doubt, the Dollar will finish the week as the worst-performing currency. The euro and the Swiss franc are fast to attack the dollar. However, the yen is not far behind, as stocks may be under pressure following the […]
Just as Ethereum had CryptoPunks as its first digital collectible NFTs, Tron (TRX) blockchain has announced Tpunks. For just 1000 TRX, users can now mint one of the first MFTs on Tron. The release of Tpunks came with the usual fanfare. Just as with the release of Binance Punks on the Binance Smart Chain, Tpunks […]
With the move to online showing no sign of slowing, PayPal is going from strength to strength, judging by its first quarter results. Earnings per share of $1.22 was above analyst expectations of $1.01, while revenue came in marginally ahead of predictions at $60.3 billion, which compares to Wall Street’s $59 billion. Meanwhile, net profit […]
EURJPY Price Analysis – May 7 EURJPY regains its momentum and buying interest, continues to move north. If all other factors remain constant, the exchange rate is expected to rise further in the present trading session. The EURJPY pair’s possible goal may be above the 132.00 marks. The improvement in German 10-year Bond yields appears […]
GBP/USD is trading in the red at the moment of writing but the bias remains bullish. The pair moves sideways within a narrow range. Its failure to confirm a deeper decline in the short term signaled an upside breakout. The US NPF, Unemployment Rate, and Average Hourly Earnings data could be crucial for USD today. […]
Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36Polkadot (DOT) Price Long-term Trend: RangingPolkadot (DOT) price is falling on the downside after buyers retested the $40 0verhead resistance. Buyers have retested the overhead resistance severally and broken above it. However, the bulls could not sustain the bullish momentum above the overhead resistance because of the […]
BNBUSD Price Analysis – May 07 Further increase in the buyers’ momentum will push the Binance Coin to the resistance level of $663 and if the daily candlestick close above it, then, the price may increase further to test the $758 and $850 resistance levels. Inability to break up the resistance level of $663 by […]
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Key Resistance Levels: $1,900, $1,950, $2000Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: BullishGold price has resumed upward move after breaking the resistance at $1,780. The market pullback to retest the $1,780 support and then resumed upward. This signals the resumption of an upward move. Meanwhile, on April 22 uptrend, a retraced candle […]
