Latest Market News
GBPJPY, “Great Britain Pound vs Japanese Yen” GBPJPY is trading at 152.91; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 153.35 and then resume moving downwards to reach 149.65. Another signal in favour of a further downtrend […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Harami reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.0980. However, an alternative scenario implies […]
The EIA predicts that US natural gas production will continue to rise until 2050. According to the US Energy Information Administration, US natural gas production is expected to increase through 2050 due to rising demand from US natural gas exports, particularly for liquefied natural gas. The EIA forecasts a nearly 25% increase in annual US […]
US CPI Up NextTraders will be closely watching today’s US CPI release for February. While a March rate hike is now fully priced in, on the back of recent comments from Fed chairman Powell, the market is now focusing on upside risks. Given events in Ukraine and the impact on global energy prices, inflation risks […]
ECB In FocusAlong with US CPI, today’s ECB meeting will be the main event of the week. On the back of a surprisingly hawkish shift by Lagarde in January, the market will be closely watching today to see how much the crisis in Ukraine has affected the bank’s view. In light of recent developments, the […]
Bitcoin is for everyone. That includes teenagers, children, toddlers and even newborns. When these kids grow up, they’ll use the Bitcoin (BTC) protocol, so it “makes sense to start to integrate Bitcoin into learning as early as possible.” At least, that’s according to Scott Sibley, one-half of the couple behind the creation of the Shamory […]