USD/CNH attracts some buyers on Thursday and moves away from over a one-week low. The technical setup supports prospects for the emergence of fresh selling at higher levels. A sustained strength beyond 50% Fibo. level is needed to negate the negative outlook. The USD/CNH pair builds on the previous day’s bounce from the 7.1305-7.1300 area,…
Apple’s iOS 18.1 update enhances NFC capabilities, allowing developers to integrate USDC and other crypto transactions directly within apps. The update is not a partnership between Apple and Circle but an opening of NFC technology to third-party developers for broader payment options. This change supports not only USDC but also transactions involving NFTs, various tickets,…
Michael Burry’s decision to increase his stake in Alibaba stock is influenced by several strategic factors. Firstly, Alibaba’s… This article Why is Michael Burry betting big on Alibaba? It’s all about China’s comeback and a bargain too good to ignore! 🤑 appeared first on Guerilla Stock Trading. Source link
If you’re a long-term reader, you know I’m bullish on the set-up forming in commodity markets… This hasn’t been fleeting. My opinion on where this market will shift over the coming years has been built from years of working inside the industry as a geologist. That began when I left University in the early 2000s…
Problem solving – by government — is a problem in itself. It adds costs and complexity… creating more problems to solve… and ultimately dooming a society to failure. Source: Getty Images Exploitation is a normal cost of stratification… bad government is a normal cost of government… Joseph Tainter Imagine your joy! Your chest swells with…
The AUD/USD pair is currently moving within a rising price channel on the 4-hour chart, indicating that the uptrend from 0.6349 remains intact. The recent pullback from 0.6642 appears to be a consolidation phase for this upward movement. Current Market Dynamics As long as the support within the channel holds, we can expect the bullish trend to continue. The…
The EUR/USD pair has recently broken above the resistance level of 1.1008, extending its upward movement from 1.0777 to a high of 1.1047. Following this rise, a pullback from 1.1047 suggests that the market is now consolidating, setting the stage for potential future movements. Current Market Outlook In the coming days, we can expect range trading between 1.0945 and 1.1047. As long…
In a recent X post, Fred Krueger predicts Bitcoin price to hit $1 million, gaining market attention. He predicts that the potential interest rate cut by the US Federal Reserve along with a spike in inflation could aid the flagship crypto to record such growth. Besides, Krueger also reveals the potential timeline for the crypto…
share this article! According to the Dydx announcement, the upcoming upgrade to the Dydx Chain includes the introduction of permissionless market listing. Read More share this article! Source link
The Australian Dollar recovers daily losses after the release of the moderate jobs data. The commodity-linked AUD faced challenges as reduced demand and a surplus of commodities put pressure on market prices. The US Dollar experienced losses following a moderate Consumer Price Index data released on Wednesday. The Australian Dollar (AUD) recovers its intraday losses…