Latest Market News

AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to test 3/8, break it, and then continue falling to reach the support at 2/8. However, this scenario may no […]

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after forming a Long-Legged Doji reversal pattern not far from the support level, XAUUSD is reversing and may continue forming its rising impulse. In this case, the upside target is the resistance area at 1830.00. At the same time, an opposite scenario […]

Job postings in the United States surged to near record highs in December, implying that the slowdown in employment growth at the close of last year was mostly due to labor shortages. Job vacancies, a gauge of labor demand, increased by 150,000 to 10.9 million on December 31st, not far from the all-time high of […]

Long-term rates in the US have been creeping down for the fourth session in a row amid warnings from major US investment banks that previous forecasts for the growth of the US economy for 2022 may be too optimistic. Goldman lowered its growth forecast for 1Q and for the full year for the third time […]

Rate Hikes Off The Table For NowThe Australian Dollar has been a little weaker over the European session so far on Tuesday following the February RBA meeting overnight. The RBA held off from announcing any rate hikes though the bank did outline that its pandemic-driven stimulus program would now cease. So far so good, this […]

Smart contract activity in the Tezos ecosystem has surged over the past year as it becomes a magnet for NFT activity. The Tezos network has seen impressive growth over the past 12 months in smart contract addresses and general adoption, primarily driven by non-fungible tokens (NFTs). Activity within the Proof-of-Stake ecosystem has had a spurt […]