FXBANkthe8055

FXBANkthe8055

A well-known figure in the crypto industry, Justin Sun, founder of TRON TRXUSD and chief adviser to Huobi, opened up in an unusual post on social networks. In particular, he responded to rumors regarding his Bitcoin investments. Sun expressed confidence in Bitcoin's future but clarified that he did not take a long position at the $69,000 price level. I am very...

FXBANkthe8055

AUDUSD View! The dollar regained some lost ground on the Japanese yen on Tuesday even as traders remained wary of further intervention by Tokyo to prop up their currency after data showed they likely stepped into markets late last week. The dollar was last up 0.3% on the yen at 158.44. It had been trading just shy of 162 yen last week before sudden falls, which...

FXBANkthe8055

Bank of America observes that GBP/USD is starting to break its secular downtrend, which has been in place since 2008. Recent technical signals suggest a potential rally towards 1.40, contingent on a sustained break above key resistance levels and the 200-week SMA.

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S&P 500 up in early trading Treasury yields slip Oil prices fall World stock indexes mostly rose and the U.S. dollar strengthened on Tuesday after solid U.S. retail sales signalled resilience in the economy. Data released on Tuesday showed retail sales unchanged in June from a May reading that was higher than initially estimated. Markets were still fully pricing...

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Front Month Comex Gold for July delivery gained $39.50 per troy ounce, or 1.63% to $2462.40 today A new record high Up for two consecutive sessions Up $48.40 or 2.00% over the last two sessions Largest two day dollar and percentage gain since Thursday, July 11, 2024 Up seven of the past nine sessions Up 35.55% from its 52-week low of $1816.60 hit Thursday, Oct....

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SPDR Gold shares are traveling higher along with underlying gold futures, both trading at record levels. SPDR Gold is up 1.8%, to $227.90 a share, above the previous closing high of $224.56 set in May. Gold futures trade up 1.5% to $2,466.40 an ounce — which would eclipse the May record of $2,438.50. Uncertainty stemming from the assassination attempt on former...

FXBANkthe8055

EUR/GBP is the forex ticker that tells traders how many British Pounds are needed to buy a Euro. It is one of the most traded currency pairs worldwide because it marries two significant European economies: the European Union (EU) and the United Kingdom (UK). Use the EUR/GBP chart to follow the live Euro-Sterling rate and read the latest news and analysis to inform...

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US producer prices rise moderately in June JPMorgan profit jumps; shares dip in choppy trading Wells Fargo drops after profit falls on deposit costs BNY up after Q2 profit rises Futures: Dow up 0.05%, S&P 500 up 0.02%, Nasdaq down 0.01%

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The Australian Dollar recovers its losses as soft US inflation data raises expectations of Fed reducing rates. China's Trade Balance for June came in at $99.05 billion, widening from the previous figure of $82.62 billion. Fed’s Goolsbee stated that the US economy appears to be on track to achieve 2% target inflation.

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The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie USDCAD was trading 0% higher at C$1.363 to the greenback, or 73.37 U.S. cents, after trading in a range of 1.3612 to 1.3638. Canadian government 10-year bond yields (CA10YT=RR) fell 1 basis points to 3.425%. The yield on similar...

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EURUSD extends to the swing area The EURUSD, like the GBPUSD, has stretched to new highs as European traders look toward the exits for the week. The move higher takes the price toward the high from June 2024 at 1.0915 and into a longer swing area between 1.0909 and 1.0918. That area will need to be broken to increase the bullish bias.

FXBANkthe8055

GBPUSD stretches toward the July 27 high and 1.3000 level The GBPUSD continues to stretch to the July 27 hi target at 1.2995. That is just short of the natural resistance at 1.3000. The high just reach 1.29898. There should be willing sellers/profit taking against that level with stops on a move above. Risk is low against the dual technical levels.

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Oil futures give up early gains and settle lower to post their first weekly loss in five weeks. Prices were supported during the week by a bullish U.S. inventories report showing bigger-than-expected drawdowns in crude and gasoline stocks, and by a soft U.S. inflation reading that lifted hopes for a September interest-rate cut by the Fed. Today's producer price...

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Ethereum has shown some degree of resilience in the face of heavy volatility in the broader crypto landscape, keeping ground above the $3,000 barrier in a week when Bitcoin stumbled under the weight of German economic policies. Ether hodlers are keenly observing as the terrain of digital currencies undergoes notable changes; many of them are focusing on a...

FXBANkthe8055

The GBPUSD, EURUSD, and USDJPY have all stretched to key targets today as the USD got hit. However, after reaching those target there has been some modest profit taking/selling/buying (dependent on the direction of the pair). The NZDUSD is also in that boat as it returned to the 200 bar MA on the 4-hour chart a 0.61255. As the clock ticks to the end of the week,...

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Gold fell below $2,410 per ounce on Friday after rising nearly 2% in the previous session, but is set to notch a third straight weekly gain, supported by softer-than-expected inflation figures for the US. Headline inflation slowed more than anticipated to a one-year low of 3% in June, while the annual core measure dropped to a three-year low of 3.3%.

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On July 10, investment managers REX Shares and Tuttle Capital Management launched two new exchange-traded funds (ETFs) that enable high-conviction Bitcoin BTCUSD traders to double down on long or short positions with 200% exposure to BTC’s price volatility.

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XAUUSD post NYSE trade 5 pip SL! Sell Gold Limit 2368.50 SL 2369.00 (5 pips SL) Tp 2345.00 This trade will be from NYSE to ASIAN weighted ! Not recommended because spreads can take you out! Just a 5 pips SL if you want to go for the trade! Team is not taking the trade!