Gold can be expected to fall to the next support level 4100.00 (former multi-month low from March) – the breakout of which can lead to further losses toward 4000.00. Gold broke key support level 4325 Likely to fall to support level 4100.00 Gold recently broke the support zone between the key support level 4325.00 (which
Geopolitical tensions and rising inflation have stalled rate cut hopes, pressuring markets and driving Gold toward 11-week lows amid uncertainty. Geopolitical Conflict as the Primary Market Driver The escalating military conflict between the U.S. and Iran—centered around the Strait of Hormuz—has become the dominant force shaping investor sentiment. The breakdown of the ceasefire has replaced
Curve price outperforms the broader cryptocurrency market as traders react to major protocol developments and bullish technical signals Curve DAO Token (CRV) emerged as one of the strongest-performing DeFi assets this week, climbing more than 8.5% in 24 hours to approximately $0.213 while significantly outperforming the broader cryptocurrency market. The rally comes amid a combination
USDCAD currency pair can be expected to rise to the next resistance level 1.4100 (former double top from November and the target price for the completion of the active impulse wave iii). USDCAD broke pivotal resistance level 1.3955 Likely to rise to resistance level 1.4100 USDCAD currency pair recently broke the resistance zone between the
Bitcoin cryptocurrency can be expected to fall to the next support level 66000.00 (which reversed the price multiple times in March). Bitcoin broke round support level 70000.00 Likely to fall to support level 66000.00 Bitcoin cryptocurrency recently broke the support zone between the round support level 70000.00 (which stopped the previous minor correction ii at
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 generate meaningful upside momentum in recent weeks, as repeated recovery attempts have been met with selling interest. The broader technical structure continues to favor the
Bitcoin Cash cryptocurrency can be expected to fall to the next support level 200.00 (which started the sharp uptrend at the start of 2024). Bitcoin Cash falls sharply Likely to fall to support level 200.00 Bitcoin Cash cryptocurrency recently broke sharply through the major support zone between the key support level 270.00 (which has been
Ethereum cryptocurrency can be expected to rise to the next resistance level 2000.00 (former strong support from March and May). Ethereum reversed from support zone Likely to rise to resistance level 2000.00 Ethereum cryptocurrency today reversed up from the support zone between the strong long-term support level 1740.00 (which stopped the sharp downward impulse wave
Strong US jobs data has sparked dollar rallies and rate hike expectations, while geopolitical tensions and market volatility persist. Robust US Labor Market Drives Hawkish Rate Expectations The release of a “blowout” May Nonfarm Payrolls (NFP) report, featuring 172,000 jobs added against an 85,000 expectation, has fundamentally altered the economic narrative. This labor market resilience
Bitcoin cryptocurrency can be expected to rise to the next resistance level 63750.00 (former strong support from March and February). Bitcoin reversed from round support level 60000.00 Likely to rise to resistance level 63750.00 Bitcoin cryptocurrency today reversed up from the support zone between the major round support level 60000.00 (which stopped the sharp downward