Overview: Ethereum remains under pressure, with ETHUSD continuing to trade within the descending trend channel that has guided the market lower since the early-May pullback. The cryptocurrency has struggled to…
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Investing
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The focus remains on the Middle East, even as the situation becomes increasingly unclear. Reports of progress from the U.S. government and denials from Iran are now coming in at…
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Another week has passed, yet the Strait of Hormuz remains closed. As mentioned in previous Thoughts, Iranian storage facilities are getting full. The country is therefore increasingly forced to rely…
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Bitcoin cryptocurrency be expected to rise to the next resistance level 85000.00 (former strong support from November and December). Bitcoin broke the round resistance level 80000.00 Likely to rise to…
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The US dollar is maintaining its upward momentum in the wake of the Federal Reserve meeting, supported by a relatively hawkish tone from policymakers and remarks by Jerome Powell. Investors…
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This preview of weekly data examines USOIL and XAUUSD, with economic data expected later this week as the primary market drivers of the near-term outlook. Highlights of the week: Major…
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Given the strength of the nearby resistance level 80000.00 and the clear daily downtrend, Bitcoin cryptocurrency can be expected to fall to the next support level 75000.00 (former strong resistance…
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Geopolitical tensions drive oil prices higher, while central banks maintain hawkish stances as investors eye crucial tech earnings and inflation. Geopolitical Volatility and the Energy Shock The global market landscape…
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Commodity-linked currencies are holding close to important technical levels, with price action remaining subdued as traders adopt a cautious, wait-and-see stance. The fundamental backdrop is driven by expectations around Australia’s…