Category: stalls
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Asia FX firms as dollar stalls amid rate cut bets, political uncertainty By Investing.com
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Most Asian currencies rose on Tuesday, while the dollar fell as the greenback’s recovery slowed due to continued expectations of interest rate cuts and uncertainty over the 2024 presidential election. However, sentiment towards Asia remained restrained by concerns about China, amid signs of a slowing economic recovery and uncertainty about…
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Pi Network price stalls as traders wait for the ‘real deal’
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The Pi Network token price has been in a consolidation phase since March as investors await the promised mainnet launch. Pi Network Price Chart IOU token remained stuck at $40 in a low volume environment. Pi Network Mainnet Launch There are indications that Pi Network developers are preparing to launch…
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Is The Crypto Surge Over? Bitcoin Stalls at $72,000 As Investor Enthusiasm Wanes
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Recent reports from CryptoQuant analysts on the QuickTake platform Highlight Noticeable decline in market sentiment across Bitcoin and altcoin investors. According to Crypto Dan, one of the leading analysts at CryptoQuant, “After Bitcoin’s recent failure to break the $72,000 level, there is a noticeable slowdown in investor enthusiasm.” Related reading…
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Is The Crypto Surge Over? Bitcoin Stalls at $72,000 As Investor Enthusiasm Wanes
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Recent reports from CryptoQuant analysts on the QuickTake platform Highlight Noticeable decline in market sentiment across Bitcoin and altcoin investors. According to Crypto Dan, one of the leading analysts at CryptoQuant, “After Bitcoin’s recent failure to break the $72,000 level, there is a noticeable slowdown in investor enthusiasm.” Related reading…
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EURUSD sellers push the pair down to the 100/200 hour converged MAs. Stalls the fall.
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EUR/USD rose yesterday until it reached its 100 and 200 hour moving averages. Sellers took hold of this level and pushed the price lower during the Asian session as buyers came in support against its 100-day moving average (blue line at 1.08074). The price then started to move to the…
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Japan’s exports pick up on weak yen but business mood stalls By Reuters
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By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s exports rose for a fifth straight month in April, supported by a weak yen, but shipment volumes struggled as growth was affected by weak demand, government data showed on Wednesday. The trade data clouds policymakers’ hopes that exports will offset weak domestic consumption.…
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AUDUSD runs higher after US jobs report but stalls at a key ceiling.What next technically?
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AUDUSD rose sharply after the US jobs report. The price rise pushed the pair above the 100-day moving average at 0.6580, a 50% move down from the December high of 0.66159 and up to the ceiling of the key swing zone between 0.6335 and 0.6345. Sellers built on this ceiling…
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Asia FX weak as Fed does little to soothe rate fears; yen rebound stalls By Investing.com
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Investing.com — Most Asian currencies held a narrow range on Thursday, benefiting slightly from a lower dollar, as the Federal Reserve said interest rates were unlikely to fall in the near term, although they were unlikely to rise either. This kept the Japanese yen’s recovery short-lived, with the currency weakening…