The USDCHF fell below its 200 hour, 100 hour and 100 day moving averages yesterday but bottom near a swing area between 0.9186 and 0.9190. Today that swing area was respected again at the session lows. The price moved higher and was able to get above the 100 day moving average at 0.9212, but stalled
The holidays are the perfect time of the year for giving back, and the rise of cryptocurrencies has created even more opportunities for charitable initiatives. This was highlighted during Giving Tuesday 2021, the Tuesday after Thanksgiving which saw over $2.4 million raised in cryptocurrency from the nonprofit fundraising platform The Giving Block. As crypto philanthropy
NEW DELHI: Gold prices edged higher on Thursday on a weaker US dollar. Although, renewed risk appetite fuelled by an encouraging Omicron study and increased optimism around the global economic outlook kept gains in check. A South African study suggested reduced risks of hospitalization and severe disease in people infected with the Omicron variant versus
The shared currency losses against the greenback but remains above the 1.1300 figure. EUR/USD Price Forecast: A descending triangle in a downtrend opens the door for a challenge of the YTD low at 1.1186. The EUR/USD is barely down late in the European session, trading at 1.1318 at the time of writing. As US markets
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Discover 3 day trading strategies for beginners, to apply on Forex, crypto and stock market. In this video you will discover: • How to make money trading stocks and Forex market using daily open level and simple price action • how to use and how to read daily open level and how to improve your
The USDTRY has had an extraordinary run over the last few days. That came after an huge run to the upside for the pair. On Monday, the pair soared to a high of 18.349. That was up from 6.89345 back at the lows in February. Since then the price has been tumbled back to the
I don’t think omicron is a concern for the markets except in China. That’s the one place where they will put in severe lockdowns. Many of the new cases today are likely in Xian, where the city of 13 million is completely locked down. In a sign that China has no intention of easing away
TOKYO: Oil prices fell on Friday in thin, holiday trade after a three-day rally, with investors trying to gauge the Omicron coronavirus variant’s impact on demand. Brent crude futures slid 29 cents, or 0.4%, to $76.56 a barrel by 0205 GMT, following a 2.1% gain in the previous session. The benchmark was still on track
Gold gains for the second week in a row, but still remains under $1810. While above $1785, the bullish bias could persist in the short term. Gold rose for the second week in a row and finished slightly below $1810 after rebounding from $1783. It was unable to hit fresh monthly highs. The yellow metal
The S&P index is moving closer to its all-time high close. That level comes in at 4739.72. The high price just reached 4733.19. The price closed last week at 4620.65. On Monday the index gap lower reaching a low price of 4531.10 before starting a three day rally that has seen the index move up
There’s no other way around it. The Fed will be a major focus in the market next year and will likely dominate the bond market and dollar landscape for months on end. But with the midterm elections in November, be wary that there might be a considerable amount of political risk also at play depending
2021 was a breakout year for the cryptocurrency market in many respects and most investors are absolutely thrilled that Bitcoin (BTC) price established a new all-time high of $68,789. In the same timeframe, Ether (ETH) went on a parabolic rally which saw its price gain 565% from Jan. 1 to hit a record high at
NEW DELHI: Gold prices traded flat on Friday ahead of the holiday season as the dollar steadied and appetite for riskier assets improved on easing fears over a fallout from the Omicron coronavirus variant. Gold futures on MCX increased marginally 0.04 per cent or Rs 18 at Rs 48,170 per 10 grams. Silver futures gained
The greenback gains some ground against the aussie, amid closed US equity and money markets. Covid-19 positive news improved investors’ mood as the year-end looms. AUD/USD Price Forecast: Bulls prepare for a challenge of crucial resistance around 0.7280-0.7300. The AUD/USD slides during the late European trading session, down some 0.33% trading at 0.7224 at the
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