Tag: Market analysis

Bitcoin recently broke above the key resistance level of 67,275, signaling a potential for a new all-time high. This positive movement in the market was influenced by improving risk sentiment and supportive comments from...

The AUD/USD pair is on the rise, approaching 0.6552 on Monday. This comes after the Australian dollar experienced a 3% decline against the USD in the past two weeks, mainly due to a global...

Santiment, a crypto analytics firm, has identified some promising altcoins in the growing digital asset market. They use a metric called market value-to-realized-value (MVRV) Z-score to determine whether an asset is undervalued or overvalued....

So, like, guess who totally knocked it out of the park in 2024? Yup, you guessed it - Goldman Sachs! This investment bank totally killed it in the foreign exchange trading game, raking in...

Bulls Maintain Control in USD/JPY Outlook on Boxing DayOn Boxing Day, USDJPY continued to hold a strong position in the market, displaying a firm tone in holiday-thinned trading. The currency pair was seen pressuring...

USD/JPY Rebounds Strongly, Targets 156.74USD/JPY saw a robust rebound last week, indicating that the correction from 156.74 has likely ended at 148.64. This development has set the stage for a bullish bias this week,...

Sterling Plummets: GBP/USD Daily ForecastIn a dramatic turn of events today, the British Pound (GBP) took a nosedive against the US Dollar (USD), leaving traders and analysts reeling from the unexpected downturn. The GBP/USD...

US CPI Data Surprises Markets, Impacting FOMC Pause DecisionIn a surprising turn of events, the latest US Consumer Price Index (CPI) data has sent shockwaves through the financial markets, potentially influencing the Federal Open...

Trump Trade Revives Market Optimism Last week saw a resurgence of the "Trump Trade," igniting optimism across financial markets and leading to fresh record highs in US stocks. This wave of positivity was fueled by...

US Inflation Outlook: Markets Weekly ForecastThe past week in the financial markets has been a whirlwind of activity, with key indicators pointing towards a December rate cut in the US. As markets eagerly await...