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Markets

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Markets

AUD/USD Daily Forecast – U.S. Dollar Continues To Move Higher Against Australian Dollar

AUD/USD is moving towards the support at 0.7665. Australian Dollar Remains Under Pressure Against U.S. Dollar AUD/USD is currently trying to get to the test of the support at 0.7665 while the U.S. dollar is gaining ground against a broad basket of currencies. The U.S.…

Markets 4 days ago 0Comments Wallstreet Blog
Markets

The Crypto Daily – Movers and Shakers – March 5th, 2021

It’s a bearish start to the day for the crypto majors. A Bitcoin move back through to $50,000 would support a broad-based crypto rebound. Bitcoin, BTC to USD, slid by 4.01% on Thursday. Reversing a 3.91% gain from Wednesday, Bitcoin ended the day at $48,388.0.…

Markets 4 days ago 0Comments Wallstreet Blog
Markets

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 5th, 2021

It’s a bearish start to the day for the majors. Failure to move through the day’s pivot levels would leave support levels in play… Ethereum Ethereum fell by 1.83% on Thursday. Partially reversing a 5.34% decline from Wednesday, Ethereum ended the day at $1,539.69. A…

Markets 4 days ago 0Comments Wallstreet Blog
Markets

E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Stronger Over 30793, Weaker Under 30355

The direction of the March E-mini Dow Jones Industrial Average on Friday will be determined by trader reaction to the 50% level at 30793. March E-mini Dow Jones Industrial Average futures are edging slightly lower during the pre-market session on Friday following a steep break…

Markets 4 days ago 0Comments Wallstreet Blog
Markets

AUD/USD Forex Technical Analysis – Trading Under Retracement Zone; Weakens Under .7733, Strengthens Over .7786

The direction of the AUD/USD on Friday is likely to be determined by trader reaction to Thursday’s close at .7721. The Australian Dollar is trading lower early Friday but off its intraday low as traders await the release of the U.S. Non-Farm Payrolls report, due…

Markets 4 days ago 0Comments Wallstreet Blog
Markets

Bears Dominate the Indices and Metals

In today’s Traders Edge Market Briefing, Tomasz found these amazing setups we thought you’d find interesting! Gold is slowly but surely aiming for the 1680 USD/oz support level. Silver is aiming to break the 26 USD/oz support level. The NASDAQ is in a head and…

Markets 4 days ago 0Comments Wallstreet Blog
Markets

Gold Could Shine Again as Stimulus Tensions Continue

On March 3, President Biden agreed to imply stricter income limits on the next round of stimulus checks payouts. Under the new amendments, individuals who earn more than $80,000 per year, single parents earning more than $120,000 per year, and couples earning $150,000 will be…

Markets 5 days ago 0Comments Wallstreet Blog
Markets

Sovereign Bond Selloff Resumes After A Short Break

Asian equity markets suffered hefty losses following yesterday’s declines in Wall Street as bond yields resumed their rally. Japan’s Nikkei 225 and Hong Kong’s HSI dropped nearly 3% with the rest of the Asian stock indices all in the red, while US stock futures show…

Markets 5 days ago 0Comments Wallstreet Blog
Markets

Silver Looking to Continue Down

Silver is in a downtrend and the continuation down is expected. It also correlates with gold which is super bearish last months. 26.80-93 is the zone where new sellers might join. We can also see a sort of consolidation in H1 timeframe so breakout is…

Markets 5 days ago 0Comments Wallstreet Blog
Markets

The ECB Economic Bulletin and U.S Jobless Claims Keep the EUR and Dollar in Focus

It’s a relatively busy day on the economic calendar. With inflation worries lingering, the ECB Economic Bulletin will draw plenty of interest ahead of U.S stats. Earlier in the Day: It’s was a quieter start to the day on the economic calendar this morning. The…

Markets 5 days ago 0Comments Wallstreet Blog

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