XAUUSD, “Gold vs US Dollar” At a pullback, near the support area, gold has formed a Harami reversal pattern. The pair is going by the pattern by an ascending impulse. The goal of growth might be 1740.00. However, the quotes might fall to 1710.50 before growing. NZDUSD, “New Zealand Dollar vs US Dollar” On H4 […]
GBPUSD, “Great Britain Pound vs US Dollar” The pair is testing the upper border of the Cloud. The quotes are above the Cloud, which indicates an uptrend. A test of the lower border of the Cloud at 1.1510 is expected, followed by growth to 1.2025. One more signal confirming the growth will be a bounce […]
Stellar’s CTO and co-founder is now building a team of industry experts and engineers to pioneer a new frontier of space exploration. 805 Total views 26 Total shares Blockchain technology pioneer Jed McCaleb is shifting some of his focus to a new frontier, space. The prominent crypto billionaire announced the launch of his new venture […]
The new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance. 1065 Total views 10 Total shares Canadian politician and noted crypto advocate Pierre Poilievre has taken the helm of Canada’s Conservative Party, which looks set to give the current administration a run for its […]
Equities kicked off the week with a rally and greenback dropped another 1% as investors tend to price in a bearish CPI report. The dollar index briefly fell below 108 points, the lowest level in a month. The flight of investors from the dollar comes despite continuing appreciation of Treasury yields – the yield to […]
Metals Rebounding, Helped by Weaker USD The metals market has started the week on the front foot, benefitting from the developing correction in USD. The Dollar has been net-sold since the middle of last week and is seeing further selling again today. One of the key drivers behind the downshift in USD has been the […]