Author: FX
The broader cryptocurrency market shows mixed sentiment as Bitcoin (BTC) drops to $64,000 under institutional selling pressure. The Fear and Greed Index at 37, down from 40 the previous day, signals renewed bearish pressure. Meanwhile, Curve DAO (CRV) and Internet Computer (ICP) continue to extend their gains so far this week, emerging as top performers over the last 24 hours.Fear and Greed Index. Source: CoinMarketCapTechnical outlook: Bitcoin risks losing $64,000Bitcoin trades near $64,000 at press time on Tuesday, following a bearish close the previous day, which is linked to MARA Holdings selling off 23,093 Bitcoin for $1.627 billion in H1…
USD/JPY is rebounding after intervention, but US CPI, the 160.00 resistance, and renewed yen intervention risk could decide what comes next. Source link
Gold has been on a tear lately, but the precious metal is closing in on a major resistance zone that previously held as support. Are sellers about to hop in? Check out these inflection points on the daily time frame! Gold (XAU/USD) Daily Chart Faster with TradingView After selling off for the first half of this year, gold looked ready to turn things around as it pulled higher from the $4,000 major psychological mark and has been rallying over the past week. However, the precious metal could hit a major roadblock as it approaches the former support zone around the…
With the latest NFP report undermining hawkish Fed expectations, will the upcoming CPI release add salt to the dollar’s wounds? Source link
Yen support looks fragile; Tokyo opts for passive strategy, missed chance to press intervention advantage !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
EUR/CHF is pushing back toward recent highs, but the latest advance is also bringing the pair closer to a key resistance zone. With price stretched near the top of its recent range, traders may be watching for either a breakout that extends the rally or signs of rejection that could trigger a pullback. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as the basis for a mini-lesson, breaking down what each alert means, why it matters, and how traders might interpret it. The goal…
Citi Mexico released the Expectations Survey on Monday, in which the central bank polled 35 economists to gather their forecasts for monetary policy, the USD/MXN exchange Rate, inflation expectations, and economic growth.Citi’s survey shows that the majority of the economists polled expect monetary policy to remain steady at 6.50%. Seven of those 35 expect the next movement to be a rate hike, and six expect a cut further ahead. The rest expect policy to remain steady.The USD/MXN exchange rate is expected to end at 17.90 in 2026, unchanged. For 2027, the consensus suggests a depreciation of the Mexican Peso (MXN),…
USD/JPY is starting to remind me of the Iran war: There’s a battle but no defined strategy.It’s abundantly clear that both Japan and the US want USD/JPY lower but we don’t know how low they want it to go, or what they’re prepared to do to get in there (and hold it there). For now, the tactic has been to throw money at the trade, with the US selling euros to buy yen. That led to a squeeze lower in the pair but it quickly bottomed out and now the bulls are wading in.I’m watching 159.58, which is the 50%…
The cryptocurrency market shows signs of trimming gains accrued last week as Bitcoin (BTC) slides below $65,000 at the time of writing on Monday. Meanwhile, Gold (XAU/USD) maintains a bullish outlook, hovering above $4,350.Trump claims negotiations with Iran as Oil prices climbUnited States (US) President Donald Trump has said that he is “semi-negotiating” with Iran and that he was going to let economic pressure pile on the country, according to a CBS News report. However, Tehran maintains that it is not actively engaging the US in talks.Oil prices have continued to surge, breaking above $80 per barrel of Crude as…
Trump says he’ll let economic pressure squeeze Iran instead of new strikes, but Tehran is hardening its Hormuz stance and oil is climbing again. Source link