Author: FX
Bitcoin Futures (BTC) is currently trading at 96,165, and today’s analysis focuses on key technical levels, VWAP strategies, and volume profile insights to guide both bullish and bearish trade scenarios.📈 Bitcoin Price Prediction: Bullish Trade PlanWe turn bullish above 96,250, a key threshold sitting just above the Value Area Low (VAL) of February 6th. If BTC holds above this level, the following targets come into play:96,600 – A short-term resistance level just below yesterday’s VWAP, where sellers may emerge.97,160 – The Point of Control (POC) from February 6th, a major liquidity zone below yesterday’s Value Area High (VAH) at 97,275.97,500…
GBP/USD rose 0.6% on Tuesday, bolstered by Greenback outflows. Fed Chair Powell sees few moves on rates, tariffs expected to be reversed. US inflation data, UK GDP growth figures on the horizon. GBP/USD recovered ground on Tuesday, snapping a three-day losing streak and recovering back into touch range of the 1.2450 level, rising around two-thirds of one percent on the day. Global FX markets sold off the US Dollar slightly as risk appetite softly recovers across the board, bolstered by a steady-handed appearance from Federal Reserve (Fed) Chair Jerome Powell and and expectations that the latest iteration of US President…
Fed's Williams says monetary policy is in right place to achieve Fed goals Source link
The risk mood is improving once again and the S&P 500 is higher in what’s been a choppy day.SPX 5 minsThe comments from Powell were a non-factor as he reiterated a wait-and-see attitude that’s nearly unanimous at the Fed.I noted a comment from Citadel CEO Ken Griffin who said that Trump’s bombastic tariff rhetoric is a mistake. “From my vantage point, the bombastic rhetoric, the damage has already been done,” Griffin said Tuesday at UBS Financial Services Conference in Florida. “It’s a huge mistake to resort to this form of rhetoric when you’re trying to drive a bargain because ……
The Dow Jones held steady as investors digest Fed Chair remarks. Markets are brushing off the latest batch of tariff threats. Key US inflation data looms ahead this week. The Dow Jones Industrial Average (DJIA) is mostly on balance on Tuesday, holding steady near 44,500 after Federal Reserve (Fed) Chair Jerome Powell signaled that the Fed is willing to wait as long as necessary to make sure the economy is stable and further progress on inflation will be made before cutting rates again. United States (US) President Donald Trump escalated his ongoing efforts to spark a global trade war between…
Xpeng, Geely shares fall after BYD offers free smart driving features Source link
The market isn’t fully priced for a cut until September, which is certainly ‘some time’ so I don’t see this kind of signalling as material.Patient approach to rates will give the Fed some time to assess the economyFed is well-positioned to respond to changes in the economyRisks to inflation are now skewed to the upsideMonetary policy is now ‘modestly restrictive’Best to take time to assess impact of any tariffsEconomy is in a good place and the jobs market is solidHammack is a hawk. This article was written by Adam Button at www.forexlive.com. Source link
Gold slides lower after first hitting a fresh all-time high at $2,942. Traders brace for comments from Fed Chairman Powell in his upcoming testimony before Congress. The $3,000 marker is out of the odds for now with the current dip. Gold’s price (XAU/USD) is in a wild ride this Tuesday and is dipping lower after first having hit a new record high at $2,942 in early Tuesday trading. Meanwhile, United States (US) President Donald Trump has imposed 25% tariffs on steel and aluminum imports for all countries as of March 12,, while China has quietly imposed retaliatory tariffs on some US goods. China is…
Alarm.com (NASDAQ:ALRM) has bought a majority stake in CHeKT, a cloud platform for remote video monitoring services.Financial terms were not disclosed.The acquisition strengthens Alarm.com’s remote video monitoring offering. CHeKT’s enterprise-ready platform includes subscription-based remote video monitoring services that enable central stations and service providers to deliver high-value, proactive, crime-stopping solutions to commercial and residential subscribers.Source: Press Release Source link
Oil climbs on supply worries, Trump tariffs check gains Source link