CryptoNews – According to Bloomberg, the correlation between the cryptocurrency market and the US stock market has reached near-record levels. This occurred following the Federal Reserve’s decision to lower the key interest rate at its meeting on...
The USD/JPY currency pair, currently trading around 141.37, has been exhibiting a bearish trend. This trend reflects a strengthening of the Japanese yen against the US dollar, which could be attributed to several macroeconomic factors, including...
NZD/USD Price Forecast The CB Consumer Confidence Index dropped to 98.7 this month from an upwardly revised 105.6 in August, registering the largest decline since August 2021. Meanwhile, The Richmond Fed index fell to a 52-month low of -21 from a...
Analyzing the USD/CHF Trading Session As we approach the trading session on Monday, my focus remains on the analysis of "descending wedges." There is a possibility that the price may attempt to break out of the smaller wedge formation on Monday. For...
The spot price recently retested a crucial daily support level of roughly $2,527 on Monday, aligning with a previous trendline resistance that now serves as support. However, as of Wednesday, the price is trading slightly below this level at...