Category: Watch

  • Top cryptocurrencies to watch this week: NOT, AXS, TIA

    Last week saw mixed trends among the top cryptocurrencies. While Bitcoin (BTC) suffered declines, and most altcoins followed suit, some select assets posted significant gains, continuing the rallies that began two weeks ago. However, despite some cryptocurrencies recording gains, Bitcoin’s price decline negatively impacted the broader market’s valuation. As a…

  • Premium Forex Watch Recaps: May 28, 2024

    With expectations for a less volatile week, our strategists slowed the trading pace slightly with just two Forex market discussions surrounding the release of the Australian CPI. Among the two discussions One scenario/price forecast saw both financial and technical arguments being raised To become a potential candidate for a risk…

  • GALA Forms Descending Triangle Pattern – Here Are Key Levels To watch

    price Gala games (expensive) The pair has been moving in a consolidation fashion for a while now, moving between $0.05288 and $0.03758, forming a descending triangle pattern in the process. GALA has been on a downtrend since it reached an all-time high of $0.08714, resulting in a decline of more…

  • US inflation (PCE) data due Friday – here are the critical ranges to watch

    Core PCE data is scheduled to come into focus on Friday, May 31, 2024 at 0830 US EST. You can see the average estimates below in the table. The ranges of estimates (why they are important are explained below) are: Core personal consumption expenditures on an annual basis from 2.7%…

  • Shiba Inu (SHIB) Explodes 15% Daily, Bitcoin (BTC) Maintains $68K (Market Watch)

    The price of Bitcoin has been on a wild ride in the past few days, first heading north to over $70,000 before falling to $67,000 the next day. Altcoins have recovered some of yesterday’s losses, with most of them turning green. SHIB and WIF lead the pack in the coin…

  • Bitcoin (BTC) Dumps Below $68K, Chainlink (LINK) Soars 6% (Market Watch)

    After several days of impressive gains exceeding $70,000, the price of Bitcoin has fallen over the past 12 hours or so to below $68,000. Most altcoins are also slightly in the red, with ARB, BCH, and PEPE among the notable losers. BTC loses $3,000 The underlying cryptocurrency was extremely volatile…

  • Bitcoin (BTC) Dumps Below $68K, Chainlink (LINK) Soars 6% (Market Watch)

    After several days of impressive gains exceeding $70,000, the price of Bitcoin has fallen over the past 12 hours or so to below $68,000. Most altcoins are also slightly in the red, with ARB, BCH, and PEPE among the notable losers. BTC loses $3,000 The underlying cryptocurrency was extremely volatile…

  • FX Watch: How High Can AUD/JPY Fly Ahead of Australia’s CPI?

    AUD/JPY is hitting a major technical resistance area ahead of the monthly CPI release in Australia! In case you missed the latest overall market summary, you should know that traders are riding a risk-friendly wave as traders price in potential interest rate cuts by major central banks like the Federal…

  • Premium Forex Watch Recaps: May 20 – 23, 2024

    Central bank events and global PMIs were the main drivers this week, prompting our traders to cover a wide range of currencies, with a heavy focus on the US dollar. Out of six discussions, Three scenario/price forecasts saw both financial and technical arguments raised To become a potential candidate for…

  • These Are This Week’s Top Performers as Bitcoin (BTC) Price Maintains $69K (Weekend Watch)

    Bitcoin, along with the rest of the market, had a very beneficial week driven by the hype and actual approval of Ethereum ETFs in the US. The weekly gauge shows that UNI, PEPE, LDO, and ETH are among the leaders in terms of gains from the largest altcoins. BTC weekly…

  • Tons of Volatility Amid SEC’s Ethereum ETF Approval: BTC and ETH Drop by 4% (Market Watch)

    The cryptocurrency market appears to be quite vulnerable to ETF approvals, and the past 24 hours have brought further enhanced volatility to the entire sector. After the hype has settled since the start of the work week, the largest cryptocurrencies, including one that got the green light from the Securities…

  • ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)

    Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…

  • ETH Maintains $3.8K Price Ahead of SEC ETF Decision, BTC Slips Below $70K (Market Watch)

    Bitcoin price action has calmed over the past day after rising to $72,000, and the asset has lost some ground since yesterday, as it currently sits below $70,000. Ethereum continues to present a strong front as anticipation grows for today’s SEC decision regarding an ETH ETF. BTC slides below $70,000…

  • America Will Be A ‘Nation Of Renters’ As Prices Soar Beyond Wages Under Biden’s Watch, Says Grant Cardone

    America will be a ‘nation of renters’ as prices rise beyond wages under Biden, says Grant Cardone Under the Biden administration, the gap between US wage increases and rising rental costs has widened, with real estate tycoon Grant Cardone attributing the disparity to current federal economic policies. While 1.2 million…

  • FX Watch: EUR/NZD’s Resistance Area Ahead of RBNZ’s Policy Decision

    EUR/NZD is approaching the technical resistance area! Will the pair continue its downward trend this week? Or will the RBNZ policy decision inspire a bullish breakout for its Kiwi counterpart? While we did not see market catalysts yesterday, commodity-related currencies such as the New Zealand dollar fell against their counterparts…

  • FX Watch: GBP/USD to Extend Its Uptrend After the U.K. CPI Release?

    In case you missed the latest weekly FX market summary, Uncle Sam’s slightly weaker economic data has traders holding off on a rate hike or even a rate cut from the Fed. Fortunately for USD bulls, Fed members also came out and hinted at a “higher for longer” interest rate…

  • Watch Out Boomers, the Gen T Retail Traders Are Coming

    In a recent study conducted by Charles Schwab in the UK, a striking generation gap emerged among UK retail investors, revealing that Gen Z and millennial investors are adopting more active and open investment strategies than their older counterparts. Dedicated Forex cloud solutions with stable and fast cross-border connections capable…

  • Top cryptocurrencies to watch this week: SOL, BONK, FTM

    Top cryptocurrencies showed a strong recovery last week. The global market value increased by 7% to reach $2.41 trillion. This increase reflects a $160 billion increase in valuation, driven by significant gains in most leading cryptocurrencies. Here are our picks for the top cryptocurrencies to watch this week: SOL, BONK…

  • Premium Forex Watch Recaps: May 13 – 17, 2024

    Global inflation updates and Fed talk were the main drivers this week, with a few high-level country-specific economic events creating opportunities as well, including Australian jobs data and the US CPI. Out of six discussions, Only two scenario/price forecasts saw both financial and technical arguments raised To become a potential…

  • LINK Explodes 18% Daily, BTC Maintains $66K as Bitcoin ETF Inflows Continue (Market Watch)

    Bitcoin reached a multi-week high yesterday at around $66,600 before being pushed down by around $1,000 but has recovered to the $66,000 level so far. Several altcoins continued their recent rally, with LINK taking the main stage after a massive 18% rally. BTC returns to $66,000 The underlying cryptocurrency had…