Wall Street Continues Falling as Bank CEOs Warn of Market Pullback
Wall Street took a hit on Tuesday after some of the biggest names in banking sounded the alarm about overheated stock prices. The warnings set off a wave of selling across the major indexes. The Dow slid 0.53%. The S&P 500 dropped 1.17%. The Nasdaq tumbled 2.04%. That’s the worst single-day drop for all three […]
Gold Keep Pushing Higher to $3,950 as US Shutdown Drags On
Gold keeps climbing. Early Wednesday in Asia, it broke above $3,950, riding a wave of investors looking for safety as the US government shutdown inches toward a record 36th day. People are nervous—not just about Congress failing to get its act together, but about the overall economic scenario too. It’s a precarious, shaky economic situation, […]
US Dollar Index Slips Closer to 100.00 as Government Shutdown Drags On
The continued pressure from the US government shutdown is making the greenback weak and it hit the 100.15 mark on Wednesday. It appears that the shutdown is never-ending, as it has reached its 36th day. This is the second time such a lengthy shutdown has occurred under President Trump’s administration. Same duration shutdown took place […]
How Forex Copy Trading is a Boon for Modern Traders
If you are into trading foreign currencies, you know it is not easy and that you need time, expertise, and deep market knowledge to succeed. In the currency market, orders move quickly, and rates fluctuate significantly. Undoubtedly, it’s not for everyone; most people lack the time, know-how, or courage to trade on their own. But […]
WTI Crude Oil Hovers Around $60.50 Despite News of OPEC’s Production Pause
For the second day in a row, WTI crude oil is showing some weakness, hovering around $60.70 per barrel. Traders are on edge, partly because everyone’s waiting to see what the Federal Reserve does next. Last week, most people thought a rate cut in December was basically a done deal. Now? Not so much. Fed […]
Bitcoin Cash is Under Pressure Again and May Crash Even Further to $450
Right now, BCH (Bitcoin Cash) is stuck around $508, after getting knocked back from a key resistance line. Momentum just isn’t there. Both on-chain and derivatives data are painting a pretty gloomy picture for bulls. Let’s look at what’s happening under the hood. Santiment reports that BCH’s Social Dominance — basically how much people are […]
Meme Coins Are Feeling Heat and Major Ones Eye Key Support Levels
Major meme coins Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) declined due to the market mood shifting towards selling. The worst part is that it has continued even after a 4-day decline. Doge is hanging by at 0.18. This decrease is associated with a drop in futures Open Interest (OI), indicating that traders are […]
Gold Prices Up Due to Fed Cuts Despite Powell’s Caution
As the U.S. central bank lowered interest rates by 25 basis points, gold surged more than 1.5% on Thursday, reaching 3.75%–4.0%. Even though Chairman Jerome Powell seemed cautious about the message about the path ahead. In the meantime, bullion rose to $3,995 in early Asian trading hours amid softer Treasury yields. The Fed’s rate decision […]
Silver Price Forecast: XAG/USD Struggles Near Mid-$47.00s Amid Cautious Market Tone
Silver saw a slight decline in Asia on Thursday, remaining below $47.50. When it was unable to maintain its position over $48.00, it faltered. Nevertheless, silver remains well above the week’s low, and losses appear to be limited. Before making additional capital commitments, traders wait for stronger cues. Silver recovered from its 50-day EMA (Exponential […]
AUD/USD Marches Toward 0.6600 as Presidents Trump and Xi Hold Trade Talk
The Australian dollar rose on Thursday, hitting 0.6590 in Asia market hours. This shift occurred as the optimism bloomed when both American and Chinese leaders, President Trump and Mr. Xi, began discussions. Reports suggest discussions went well, covering topics like trade duties, soybeans, and specialized minerals, alongside TikTok. This good news gave investors confidence, so […]
Top Crypto Movers: Pi Network, Aerodrome Finance, and Official Trump Token Approach Key Breakout Levels
Wednesday saw Pi Network (PI), Aerodrome Finance (AERO), and the Official Trump (TRUMP) token climb higher, outperforming most cryptocurrencies. These three are approaching key price points – a signal that more increases could be on the way. Pi Network’s price kept rising for a week, jumping almost 5% back to $0.25. After moving to its […]
EUR/JPY Slides Below 177.00 as Traders Stay Cautious Ahead of BoJ Policy Decision
On Wednesday, the euro dipped against the yen—a two-day slide that saw prices fall under 177.00 while markets in Asia were open. With the Bank of Japan set to reveal its plans tomorrow, traders shifted toward safer bets, bolstering the yen. Most believe Japan’s central bank will hold steady on rates, yet conversations regarding when […]
Gold Price Forecast: XAU/USD Steadies Ahead of Fed Rate Decision Amid US-China Trade Optimism
After hitting a three-week low near $3,916 during Wednesday’s Asian session, gold prices recovered slightly. This modest rebound came as traders adjusted positions ahead of the US Federal Reserve’s policy statement later in the day. A 0.25% rate cut is widely expected, but the Fed’s guidance on future reductions remains the key market driver. The […]
Australian Dollar Strengthens as RBA Rate Cut Bets Ease and Trade Optimism Grows
On Tuesday, the Aussie dollar rose versus the greenback. This happened because people now think Australia’s central bank won’t lower interest rates anytime soon. Trading settled near 0.6560—a two-day winning streak for the pair. Expectations for lower interest rates have plummeted following comments from Australia’s central bank governor that the job market is strong, despite […]
Silver Extends Losses Below $47 as Optimism Over US-China Trade Deal Increases
Silver prices kept falling Tuesday, hovering around $46.80 an ounce as Asian markets opened. It’s been a three-day slide now—investors seem more hopeful about a U.S.-China trade deal, so they aren’t rushing to safer investments like silver. Following news of progress between US and Chinese officials during talks in Malaysia—a possible agreement to reduce trade […]
Detailed Comparison of MT4 vs. MT5, Two Well-Known Trading Platforms
MT4 and MT5 are the first two names that come to mind when you think about the popular trading platforms. However, since these two platforms are equally popular, and traders who are into forex, crypto, indices, etc., are likely to get confused about which one is better, in the live world situation, which particular one […]
WTI Crude Oil Edges Higher on US-China Trade Optimism and Supply Risk Concerns
Oil costs edged up a bit at the start of the week in Asia trading hours; WTI traded around $61.45 a barrel. Positive signs are emerging for crude oil as a result of optimism about trade negotiations between the United States and China and the prospect of a stronger global economy. Talks between the nations […]
EUR/JPY Price Forecast: Constructive View Holds Near 177.50
At the beginning of Friday’s European trading business hours, the EUR/JPY pair was trading close to 177.45, having risen for the fourth consecutive day. The Yen is still weak against the Euro because Japanese core inflation increased slightly in September, the first increase since May. News broke just before the Bank of Japan’s meeting the […]