News
Safe-haven assets and the currency rushed to price in the risks of a serious escalation of the conflict in the Middle East before the weekend, but by Monday, it became clear that although tension persists, the conflict remains predominantly local. Third countries that could potentially exacerbate the situation, such as Iran, are limited to warnings, […]
The price of natural gas broke a very strong and important psychological level of 3.00. Currently, the asset is rebounding to the broken horizontal trendline. The price of gas is likely to test the broken level of 3.00, rise, and target the level of 4.00 next. So, let’s observe whether it is going to happen. […]
The Japanese yen paired with the US dollar remains stable at the beginning of the week. The current USDJPY exchange rate stands at 149.43. USDJPY recently came close to the 150.00 level, a point where interventions could have taken place. The market is currently speculating that the yen might strengthen if the Federal Reserve ceases […]
EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on H4, which indicates the prevalence of a downtrend. The RSI has broken the support line. In this situation, a downward breakout of 6/8 (1.0498) is expected, followed by a decline to the support level of 5/8 (1.0376). The scenario can be […]
BTC Volatility Explodes Bitcoin traders experienced heavy volatility across the European afternoon on Monday as the market reacted explosively to reports (later confirmed to be false) that the SEC had approved the BlackRock BTC ETF application. BTC prices were seen surging higher by more than 10% on the day before collapsing back as the reports […]
Middle East Impact Gold prices softened over European and US trading on Monday following a sharp rally on Friday as safe-haven flows surged higher on Israel/Palestine news flow. Gold futures recorded their largest single-day gain since March on Friday as risk assets tumbled against the backdrop in the Middle East. With the situation still unfolding […]