Fundamenta Aspect US stock index futures have lost their initial growth. Investors await the minutes of the most recent meeting of the Federal Open Market Committee (FOMC Minutes) to determine the future direction of monetary policy in the world's largest economy. In the meantime, the perspectives of Chinese government officials have increased global economic...
Fundamenta Aspect In a new interview, the head of the European Central Bank, who yesterday discussed the two phases of interest rate hikes, predicted that eurozone interest rates will likely be positive by the end of the third quarter of 2022. Legard added that there is currently no chance of a recession in the eurozone. She also emphasized that the market should...
The Chinese stock market crash may be worse than the 2008 crisis! Fundamenta Aspect Everyone is concerned about the decline in the value of Chinese companies' stock and the resulting decrease in demand for commodities! Today, selling pressure on Chinese stocks grew. China's major stock index fell to its lowest level since 2008 due to concerns about its...
Fundamenta Aspect Recently, the cryptocurrency market has developed a strong correlation with S&P500 and Nasdaq100 both of which have seen negative growth, resulting in a decrease in the value of cryptocurrencies. Meanwhile, The absence of bulls, and political tensions in Russia and Ukraine, have exacerbated the selling pressure on cryptocurrency prices. ...
Fundamenta Aspect Ethereum Upgrade Delays 'Difficulty Bomb', more on my blog as I cannot paste the link here. Technical Aspect Ethereum is establishing fresh support above the $3,500 level, and if buyers continue to break over the crucial resistance level of $4,000, the price may begin a new rally. If buyers continue to sway the market, the nearest obstacle...
The Reserve Bank of New Zealand is expected to raise interest rates next week. But some market participants believe that the central bank will raise interest rates more than initially expected. A segment of the market appears to expect interest rates will rise by 0.50 percent. Many New Zealand dollar traders would be taken aback if it occurred. Read more on:...
Fundamenta Aspect The global gold four-hour ounce chart fluctuates inside the triangle pattern. The re-election of Powell exacerbated the urge to sell gold, while the dollar grew in strength. --------VIPForex.live--------------- Technical Aspect Bulls: If the bulls manage to push the price over the 1816 barrier. The next possible resistance could be 1848. Bers:...
The Australian dollar has weakened over the last week, with the major causes being the strengthening of the US currency and the decrease in commodity prices. The rates on Australian and US bonds showed significant differences, but it was the US bond yield that eventually strengthened the US currency and weakened the AUDUSD. Last Wednesday, the US Consumer Price...
The British pound's short-term trend versus the US dollar is neutral. And we're witnessing the same correlation with EUR/USD at lower time-frames. The GBP/USD is attempting to break down its falling wedge and retest the 1.33400. If the bulls prevail, the next possible support/resistance level would be 1.37400-1.38.00. In contrast to this idea, if the bears seize...
Investors are concerned about inflationary pressures and their influence on monetary policy and economic recovery. Meanwhile, all US market indexes reached a new high on Friday. The Stoxx 600 stock index in Europe was generally balanced. The EUR is attempting to break out of its rising wedge and retest the October high of 1.6850. If the bulls prevail, the next...