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Lllama Launch Drives Shares Higher Shares in Meta are trading higher ahead of the US open today as investors respond to the launch of the group’s ChatGPT and Bard rival, Llama. An AI competitor has been touted for a while. However, the new program was officially launched today, and comes on the back of the […]
Bitcoin Rally Stalls Despite the heavy sell-off in the Dollar last week, Bitcoin was unable to capitalise on the move and breakout above the 32185 resistance level. Instead, we’ve seen BTC futures correcting around 8% lower as regulatory and macro concerns weigh on sentiment. Bitcoin prices had been driven sharply higher just a few weeks […]
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Crude Caught Between Opposing Drivers Oil prices are looking a little more stable today on the back of two days of heavy selling. An uptick in USD alongside fresh fears over the health of the Chinese economy have combined to weigh on sentiment with crude futures correcting around 4% lower from recent highs. Crude prices […]
TitleXAUUSD H4 | Bearish Reversal? TypeBearish Reversal Preference:Price is at our pivot point of 1962 which is a multi swing high resistance. A reverse from here, price could fall to 1st support level at 1951 which is a pullback support level, Alternative scenario:However, if price breaks above the pivot, it could rally to 1st resistance […]
The Australian dollar stopped declining against the US dollar. The current AUDUSD quote is 0.6829. The minutes of the last meeting of the Reserve Bank of Australia did not provide any clues. The monetary policy is currently restrictive, and the Central Bank is ready to continue it for as long as it takes. The Reserve […]