Category: Extend
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Bitcoin Spot ETFs Sees $1.86 Billion Inflows, Extend 3-Week Positive Streak
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Similor Valeti is a cryptocurrency writer specializing in journalism and content creation. While he began writing on a variety of topics, Similor soon found a knack for dealing with the intricacies and intricacies of the interesting world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets…
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Bitcoin Spot ETFs Sees $1.86 Billion Inflows, Extend 3-Week Positive Streak
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Similor Valeti is a cryptocurrency writer specializing in journalism and content creation. While he began writing on a variety of topics, Similor soon found a knack for dealing with the intricacies and intricacies of the interesting world of blockchain and cryptocurrencies. Semilore is attracted to the efficiency of digital assets…
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Dogecoin’s Upward Movement Set To Extend As Bullish Chart Pattern Emerges
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Dogecoin, the largest dog meme coin, has gained an attractive bull run Great interest and investor interest. Given the strong renewed bullish momentum, many cryptocurrency analysts believe that DOGE may continue to move higher towards higher levels, supported by bullish indicators. The impending chart pattern is fueling the bullish trend…
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Bitcoin Price Correction To Extend? Past Trends Points To A Potential 30% Dip
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Bitcoin’s short-term outlook continues to look negative as volatility increases in the overall cryptocurrency market. Over the past few days, the digital asset has fallen by as much as 11% since hitting a new all-time high, sparking speculation within the community about an extended period. Price correction To previous support…
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XRP Price Closely Mirrors Previous Penultimate Bull Market Surge, Rally To Extend?
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Following the significant rise in the price of XRP, optimism towards the future performance of the altcoin is growing significantly within the community, as evidenced by many Bullish outlook From cryptocurrency analysts regarding its potential for further upside, perhaps to a new all-time high in the ongoing market cycle. Similarities…
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China Industrial Profits Extend Drop as Deflation Takes Toll
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(Bloomberg) — Profits at Chinese industrial companies fell faster in September than the previous month, as deflationary pressures sapped the strength of companies’ finances. Most read from Bloomberg Industrial profits last month at major Chinese companies fell 27.1% from a year earlier, after a 17.8% decline in August, the National…
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Asian Shares Decline as Bonds Extend Selloff: Markets Wrap
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(Bloomberg) — Asian stocks fell for a second day along with bonds, as traders consider tempering expectations of interest rate cuts from the Federal Reserve for the rest of the year. Most read from Bloomberg The MSCI AC Asia-Pacific Index fell as much as 1.1% as benchmark indices in Australia…
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Chart Art: EUR/AUD To Extend Its Months-long Downtrend?
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After a strong start to the month, the EUR/AUD pair has lost its upward momentum and looks set to extend a long-term downtrend. Will the EUR/AUD see losses in the upcoming trading sessions? Check out what’s happening on the 4-hour time frame! EUR/AUD Forex 4 Hours Chart by TradingView If…
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Stocks Extend Rally, Yen Gains as BOJ Holds Rate: Markets Wrap
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(Bloomberg) — Asian shares extended a rally in global equity markets after jobs data supported the view that the U.S. economy is headed for a soft landing. The yen rose after the Bank of Japan left interest rates unchanged. Most Read from Bloomberg MSCI Asia Pacific Index rose as shares…
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Chart Art: Is WTI Crude Oil (USOIL) Ready To Extend Its Downtrend?
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US Crude Oil Prices Just Showed A Red Candle Around A Major Turning Point! Are we witnessing the possibility of Black Crack extending its long-term downtrend? The 4-hour chart may give us more clues: Crude Oil WTI (USOIL) 4 hours Chart by TradingView In case you missed it, rising geopolitical…
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FX Watch: NZD/CAD To Extend Its Downtrend After Canada’s CPI Release?
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The New Zealand dollar had a very tough week last week, as concerns about growth in China, weaker-than-expected mid-level domestic data and general risk aversion highlighted the relative weakness of the commodity-linked currency in the foreign exchange space. Meanwhile, the Bank of Canada’s willingness to explore deeper rate cuts is…
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US stocks are trading higher and looking to extend win-streaks for the broader indices
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Major US stock indexes open modestly higher. As the day begins, the S&P and Nasdaq are on a four-day winning streak, looking to extend it to five straight days this week. It’s Friday the 13th. Can markets rise above this jinx? The current market snapshot shows: The Dow Jones Industrial…
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US stocks are trading higher and looking to extend win-streaks for the broader indices
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Major US stock indexes open modestly higher. As the day begins, the S&P and Nasdaq are on a four-day winning streak, looking to extend it to five straight days this week. It’s Friday the 13th. Can markets rise above this jinx? The current market snapshot shows: The Dow Jones Industrial…
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Chart Art: Is Spot Gold (XAU/USD) Ready To Extend Its Uptrend?
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Spot gold prices took a breather after hitting new record highs earlier this week. Is the commodity ready to extend its upward trend after falling to the technical support area? The 4-hour daily chart might give us some clues! Gold (XAU/USD) 4 hours Chart by TradingView If you missed yesterday’s…
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Chart Art: Is GBP/USD Ready To Extend Its Trend?
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The US dollar gave up some points against its “riskier” counterparts such as the British pound following the release of US data. Will momentum help extend the months-long uptrend in GBP/USD? Let’s take a closer look at the 4-hour chart: GBP/USD currency pair on 4-hour chart Chart by TradingView In…
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Dow jumps 285 points as traders try to extend comeback from big sell-off
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Lucky Photographer/Shutterstock U.S. stocks rose on Wednesday as traders tried to extend a rally that began on Tuesday following a recent sell-off. The Bank of Japan indicated that it will pause interest rate hikes in the near term, boosting investor sentiment. Major stock indices, with the Dow Jones up about…
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Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook By Reuters
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NEW YORK (Reuters) – Shares of Lumen Technologies Inc jumped 30 percent on Wednesday, extending gains from the previous session, after the telecom company raised its annual free cash flow outlook on demand tied to artificial intelligence. Lumen shares were trading at $6.54 a share after hitting an intraday high…
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Asia stocks extend gains, yen retreats after BOJ talks down rate hikes By Reuters
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By Wayne Cole and Stella Chiu SYDNEY (Reuters) – Asian stock markets extended gains on Wednesday, led by a rebound in the U.S. dollar after the Bank of Japan unexpectedly signaled it was unwilling to raise interest rates again amid volatile markets, sending the yen sharply lower. The Nikkei rose…
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FX Watch: NZD/CHF To Extend Its Trend After NZ’s Jobs Release?
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Like other “risk” assets, the New Zealand dollar lost ground against its safe-haven peers as optimism over low interest rates turned to concerns that a high interest rate environment was leading to recessionary conditions in the US and other major economies. The Swiss franc, in particular, found additional support from…
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NASDAQ index bounces back strongly.The selling could not extend below key target yesterday
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Nasdaq pulls away from 50-hour moving average The Nasdaq has made a quick recovery today and is currently trading up about 200 points or 1.08%. The highs have just reached 18486.45. As shown in yesterday’s video (“What Might Make the Nasdaq Fall Today and In the Future”), yesterday’s low broke…