US tech stocks in general are under moderate pressure today, down 0.4% but some of the highest flyers are feeling some pressure. Shares of Nvidia are adown another 1.6% after completing a massive reversal on Friday.Eyes will remain on NVDA but another one that I'm...
Understanding Celer Network (CELR)
Celer Network is a leading layer-2 scaling platform that brings fast, secure, and low-cost blockchain applications to life. Built on Ethereum and compatible with multiple other blockchains, Celer enables off-chain transactions, effectively overcoming the scalability...
The USDCHF is trading in a narrow range, but at some point the market price will break.
The USDCHF is mired in a narrow trading range of about 30 pips to start the trading week. The good news is that the market will at some point break and run in the direction of the break. WIth that in mind, what technical levels are in play for the pair that would give...
Learn More About Cardano or Solana
The world of blockchain technology is ever-evolving, with new platforms and cryptocurrencies emerging regularly. Among these, Cardano and Solana have garnered significant attention in the blockchain community due to their innovative approaches and potential to...
Comparison Between Solana and Ethereum
When evaluating the blockchain space, two platforms frequently come up for comparison: Solana and Ethereum. Both have garnered significant attention, each with its own set of strengths that appeal to different users and developers in the cryptocurrency...
Eyes on Nvidia as US stock set to open lower
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ECB’s Makhlouf: Gradual change in policy stance is best way of adjusting
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Kickstart your FX day for March 11 with a technical look at the EURUSD, USDJPY and GBPUSD
The trading week is off to a slow start with modest trading ranges for the major currencies versus the US dollar. In this video, I kickstart the US trading day and the trading week with a technical look at the three major currency pairs - the EURUSD, USDJPY and...
Bitcoin hits $72,000 for the first time
It's a happy Monday for bitcoin bulls as the crypto party has resumed to push it $3700 higher to $72,140.It was a bit of a rocky road getting through the $69,000/$70,000 level but that's a big one as it clears the all-time high. It's smooth sailing and clear skies...
Quiet economic calendar greets a groggy US market
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The JPY is the strongest and the AUD is the weakest as the NA session begin
The JPY is the strongest and the AUD is the weakest as the NA session begins. The USD is in the middle of the table with a mixed picture to start the trading day and the week.The ranges are very narrow to start the week and well below the 22-page average :EURUSD 16...
Trump: There has been a lot of use of Bitcoin, not sure would want to take that away
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ForexLive European FX news wrap: Yen holds firm, Bitcoin tops $71,000
Headlines:Markets:JPY leads, AUD lags on the dayEuropean equities lower; S&P 500 futures down 0.2%US 10-year yields down 0.7 bps to 4.081%Gold flat at $2,177.42WTI crude down 0.3% to $77.25Bitcoin up 4.8% to $71,688It's a quiet start to the new week in Europe,...
Ready for the first US social media IPO since 2019?
In its filing to the SEC, Reddit plans to raise up to $748 million as it sells about 22 million shares - of which 15.3 million will be Class A common shares. The range for the launch is between $31 to $34 per share, with the fully diluted valuation being near $6.5...
ECB’s Kažimír says should wait until June for first rate cut
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
PrimeXBT Lowers Overnight Fees on Global Markets Including Forex & CFDs
For traders who hold positions overnight, financing fees can significantly impact profitability, especially in volatile markets or during sustained price movements. Excessive overnight fees make it challenging for swing traders and long-term investors to achieve...
USD/JPY nudges lower, eyes on next key technical level
USD/JPY daily chartThe pair hit a low of 146.53 in Asia before recovering back to around 147.00 in the handover to Europe. And as the session gets underway now, we are seeing the pair push a little lower again to 146.64 currently. As the dollar side of the equation is...
SNB total sight deposits w.e. 8 March CHF 477.4 bn vs CHF 478.5 bn prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BoJ To Hike After Economic Growth! The NASDAQ Takes a Nosedive!
The US added 275,000 jobs in February 2024 beating expectations by 80,000. US Average Salary Growth slowed to the lowest growth since March 2022. The US Unemployment Rate rises back to 3.9% after 3 months of no movement. Japanese economists advise the Bank of Japan...
Market Outlook for the Week of 11 – 15 March
This week is expected to be relatively quiet in terms of economic events, although there are some important data releases to keep an eye on. On Monday, there are no notable economic releases, but traders should note that the U.S. and Canada switched to Daylight Saving...