A “temperature check” proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community. When voting closed on April 16 more than 99% of Aave (AAVE) token holders voted in favor of launching the third version of the lending and borrowing protocol on the
Share: GBP/JPY prints mild gains within bearish chart formation. Downbeat MACD signals, clear break of three-week-old previous support line keeps sellers hopeful. 100, 200 SMAs can prod bears before directing them to theoretical target of 162.30. Bulls need to cross the 167.00 hurdle to retake control. GBP/JPY remains mildly bid near 166.40 heading into Monday’s
The AUDUSD has experienced increasing downward momentum after breaking below its 200-day moving average of 0.67438 (visible as the top green line on the hourly chart). This momentum intensified after breaching the 50% midpoint of of the week’s trading range at 0.67118 and is now testing the 0.6700 level, where the converged 100 and 200-hour
Is the dollar back? Or was Friday’s rebound just a bit of a light reprieve? That is going to be a key question in trading this week. Fed pricing has definitely moved up a bit as seen here but it’s not enough to suggest a change in the outlook that the Fed will continue hiking
Oil prices edged up on Monday, supported by OPEC+’s plans to cut more output, while investors eyed Chinese economic data for signs of a demand recovery by the world’s No. 2 oil consumer. Brent crude futures nudged 17 cents higher to $86.48 a barrel by 0144 GMT, while U.S. West Texas Intermediate crude was at
Welcome back to another video my friends i hope this video was beneficial and worth the watch. If i came through and you managed to learn something new then leave a like and comment to support me in my journey of bringing people from zero to hero. With that being said Ill see you all
Simple Tutorial showing how to place forex trade orders on MT4. Easy guide for market entries, sell & buy limit / stop orders and when to use them. ?? #1 Trading Bot for Passive Daily Profits – https://tinyurl.com/PassiveFXBot ?? Best Forex Trading Academy (Edu, Signals & Scanners) – https://tinyurl.com/FXTradingACADEMY ? Free $10K Demo Account –
I found the main strategy used by “smart money” to manipulate retail traders. In this video you’ll learn: • Number one smart money trap, designed to manipulate retail traders to enter losing positions • How to follow the smart money and trade like banks, and avoid market manipulation • How to use the double liquidity
Share: Sentiment deterioration, amidst mixed Fed signals, weakened the NZD. Inflation expectations in the United States moved higher, according to Americans. NZD/USD traders are eyeing next week’s NZ CPI report. NZD/USD snapped two days of consecutive gains and slid past the 200, 50, and 100-day Exponential Moving Averages (EMAs) on a risk-off impulse spurred by
In this video, I look at the recent S&P 500 technical analysis and provide a price forecast based on the findings (spoiler: IMHO, we are headed to 4200). A surprising selloff occurred following a rally on Friday, and we’ll explore the reasons behind it while considering possible future price movements. Key Points within the S&P
One of the great investment themes this decade is the green transition. It will involve incredible amounts of spending, government subsidies and (hopefully) progress. Ministers met in Sapporo, Japan and agreed to speed up renewable energy development and move toward a quicker phase-out of fossil fuels and plastics. Some had pushed for a 2030 phase
Gold prices held near one-year highs on Friday as recent U.S. economic data reinforced hopes that the Federal Reserve was close to the end of its rate-hiking cycle, which drove non-yielding bullion towards a second straight weekly rise. Spot gold was down 0.2% at $2,034.89 per ounce by 1108 GMT, with prices hovering below last
The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not the ecosystem needs supporting legislation. The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in
Share: The US Dollar Index found bids at around the YTD lows at 100.788. USD bulls must retake 104.000 to challenge YTD high at 105.883 and maintain a double-bottom approach. Contrarily, USD bears must reclaim 100.788 to test the 200-week EMA at around 99.117. The US Dollar Index (DXY), a basket of six currencies against
In this article, we will explore wheat futures technical analysis and provide a price forecast based on current market trends. We’ll also discuss potential trading strategies and risk management for those interested in wheat-related assets. Wheat futures breakout of an ascending wedge on the 4-hour time frame Next probable target: 700 round number Potential retest
MUFG Research maintains a short USD/JPY exposure (spot ref: 134:70) in its TOTW portfolio with a target at 129.00, and a stop at 138.50. “We are maintaining a short USD/JPY trade idea. While there are risks of further increases in US short-term yields, we doubt USD/JPY will gain to the same extent of traction and
Spot gold closed with a loss of 0.20% on the week as the yellow metal closed at $2004.26. The US Dollar Index at 101.58 was nearly 0.45% lower, while US ten-year yields closed around 3.10% higher at 3.515%. The yellow metal tumbled 1.74% Friday. The University of Michigan’s one-year consumer inflation expectations served as a
moving average crosses are a popular approach for technical analysis of financial markets. This strategy involves using two or more moving averages to identify market trends and reversal points. By experimenting with different time periods and combining moving averages with other technical indicators, traders can develop a powerful trading strategy that can help them make