Category: Signals
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Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means
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This article is also available in Spanish. Cryptocurrency Analyst Jesse Olson A second consecutive Heikin Ashi signal has been highlighted on the weekly chart of Bitcoin (BTC). This comes despite Bitcoin’s recent rally to Up to $58,000indicating that an upward reversal may be on the horizon. What does Heikin Ashi…
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Bitcoin 200-Day Average Signals Waning Bullish Momentum, Here’s What It Means For BTC Price
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This article is also available in Spanish. The 200-day simple moving average (SMA), a key long-term price indicator for Bitcoin, appears to be losing upward momentum as the U.S. economy slows. Added Fewer jobs in August 2024. Bitcoin must overcome the 200-day simple moving average to reverse the trend The…
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U.S. August Jobs Report: Mixed Signals Keep Fed on Track for Measured Rate Cut
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The U.S. labor market showed signs of slowing in August, with job growth slowing but remaining positive, paving the way for the Federal Reserve to take a measured approach to cutting interest rates later this month. The Bureau of Labor Statistics reported today that total nonfarm payrolls rose by 142,000…
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U.S. August Jobs Report: Mixed Signals Keep Fed on Track for Measured Rate Cut
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The U.S. labor market showed signs of slowing in August, with job growth slowing but remaining positive, paving the way for the Federal Reserve to take a measured approach to cutting interest rates later this month. The Bureau of Labor Statistics reported today that total nonfarm payrolls rose by 142,000…
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Bank of Canada Cuts Rates by 25bps, Signals More Easing Ahead
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The Bank of Canada today cut its overnight interest rate target by 25 basis points to 4.25%, marking the second consecutive rate cut in the monetary tightening cycle. This outcome was widely expected, as we discussed in our event guide. The Bank of Canada indicated in its statement the following:…
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Asia-Pacific stocks mixed amid dovish Fed signals, and broadening Middle East conflict
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Chachamal Asia-Pacific stock markets were mixed on Monday, following a rally on Wall Street on Friday after US Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole suggested the Fed could start cutting interest rates in September. Markets also monitored geopolitical developments in Tensions are rising in the Middle East…
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South African rand jumps as Fed’s Powell signals lower rates By Reuters
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JOHANNESBURG (Reuters) – South Africa’s rand jumped on Friday after comments from Federal Reserve Chairman Jerome Powell suggested an interest rate cut next month. At 1520 GMT, the rand was trading at 17.71 rand to the dollar, up 1.82% from its previous close. “The time has come to adjust policy,”…
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Nasdaq falls 1%, S&P drops as markets await Powell’s rate signals at Jackson Hole
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Major U.S. stock indexes fell on Thursday, with losses deepening ahead of Federal Reserve Chairman Jerome Powell’s speech on monetary policy at the central bank’s Jackson Hole Economic Symposium. Nasdaq Composite Index (Compound: Indian) -1.2%Standard & Poor’s 500 Index (SP500)) He was -0.7%and the Dow Jones Industrial Average (DJI) -0.6%with…
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Rayner signals potential delays to key employment reforms
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Angela Rayner has indicated that some elements of her planned reform of workers’ rights could be delayed, in a setback for union leaders. At a key meeting at the Cabinet Office in Whitehall, the deputy prime minister told union and business lobby representatives that “not everything” initially proposed would be…
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Rayner signals potential delays to key employment reforms
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Angela Rayner has indicated that some elements of her planned reform of workers’ rights could be delayed, in a setback for union leaders. At a key meeting at the Cabinet Office in Whitehall, the deputy prime minister told union and business lobby representatives that “not everything” initially proposed would be…
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FTM secures top gainer spot with 8% jump, but market signals caution ahead
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Fantom, a scalable blockchain platform for DeFi, surged 8% in value on the morning of August 16, making it the best performer in the cryptocurrency market. At the time of writing, Fantom (FTM) is still up 8%, trading at $0.393 per coin, according to crypto.news data. The crypto asset’s daily…
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FTM secures top gainer spot with 8% jump, but market signals caution ahead
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Fantom, a scalable blockchain platform for DeFi, surged 8% in value on the morning of August 16, making it the best performer in the cryptocurrency market. At the time of writing, Fantom (FTM) is still up 8%, trading at $0.393 per coin, according to crypto.news data. The crypto asset’s daily…
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Tron Bullish Rebound At Support Level Signals Potential Upside To $0.1443
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Tron (TRX) is showing strong bullish momentum after a significant rebound at a key support level. This latest momentum shift suggests that the $0.1443 target is now within reach. As bullish optimism around Tron price continues to grow, traders are closely watching to see if the price can sustain its…
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Tron Bullish Rebound At Support Level Signals Potential Upside To $0.1443
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Tron (TRX) is showing strong bullish momentum after a significant rebound at a key support level. This latest momentum shift suggests that the $0.1443 target is now within reach. As bullish optimism around Tron price continues to grow, traders are closely watching to see if the price can sustain its…
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British Steel nears £600m Government bailout as Labour signals intent to break deadlock
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The UK government is close to approving a £600m bailout for British Steel, with the money set to be used to secure the future of the company’s Scunthorpe plant. The move comes as Labour has shown renewed determination to resolve long-standing issues with Chinese company Jinji, owner of British Steel,…
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Bitcoin chart showing mixed signals following crypto Black Monday
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Bitcoin fell to a multi-month low of $49,105 on August 5 as the cryptocurrency sell-off continued. At its lowest point on Monday, August 5, Bitcoin (BTC) was down more than 33% from its high this year. Despite bouncing from below $50,000 to test the $55,000 level, it is still in…
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Analyst Identifies Three Signals For BTC Price Rebound
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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S&P 500, Nasdaq boosted by chip rally, Fed rate cut signals By Reuters
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By Chibuike Ojoh NEW YORK (Reuters) – The Nasdaq Composite and Nasdaq Composite posted their biggest daily percentage gains since Feb. 22 and the Dow Jones Industrial Average rose on Wednesday as chip stocks surged and the Federal Reserve left interest rates unchanged while signaling possible easing in September if…
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Kenya currency trading: Forex trading signals and how to use them
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Forex trading has gained significant popularity in Kenya over the past few years, providing a promising avenue for those looking to diversify their investment portfolios. One of the key aspects that can help traders, especially beginners, navigate the complex world of Forex trading is the use of Forex trading signals.…
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4 bullish signals are pointing to more stock gains ahead, according to Bank of America
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Spencer Platt/Getty Images Bank of America technical analyst Steven Suttmeyer says the stock market is likely to continue rising. In a note on Tuesday, Suttmeyer highlighted four positive signs that point to a healthy bull market. “The rotation, which is the lifeblood of a bull market, suggests that the S&P…