The gold market is showing a corrective decline, with bulls retreating from an intraday high near $1,720 in Europe Tuesday morning. Optimism about the early Asian session As technical challenges and worries recently tested metal buyers, a weak US dollar index (DXY) and promises of further stimulus from Europe, China and the UK, gold bulls … Read more
Ethereum broke the $1,650 barrier level above the US dollar. If ETH continues above the $1,625 support, it could rise to $1,800. ETHEREUM It managed to gradually rise above $1,640 and $1,650. The price is currently trading above $1,650 and the 100 hourly simple moving average. On the hourly chart of ETH/USD, a significant bullish … Read more
Ethereum continues to fall below the $1,820 support level against the USD. However, if ETH does not start a recovery wave above $1,900, it may fall deeper. ETHEREUM Trading below $1,900 has started a new low. The price dropped below $1,880 and the 100 hourly simple moving average. A key negative trend line is forming … Read more
Gold pared recent losses to $1,780 on Tuesday morning as sellers stepped up activity in Europe. However, market concerns about economic prospects in the United States, Europe and China appear to be keeping commodity buyers optimistic. Soft US and Chinese data releases and low Treasury prices reflect economic concerns, not to mention the Sino-American conflict. … Read more
Gold prices (XAU/USD) are struggling to extend their two-day gains as buyers and sellers battled a three-week high in Friday’s Asian session. However, the precious metal recently fell below $1,754 as the US dollar tracks yields, leaving them bearish ahead of key inflation data. The US Dollar Index (DXY) is at its lowest level since … Read more
The start of the week for Ethereum, the world’s second-largest cryptocurrency, failed to set the $ 1,300 key defense level. At the time of writing this article. ETH / USD It is trading at around $ 1,142, down more than 3% in the last 24 hours. Even as dApps King and Smart Contracts moved from … Read more
Bitcoin fell below $ 28,500 in support of the US dollar. BTC is falling and the support level could continue to fall to $ 27,500. Bitcoin It is falling and is approaching the core resistance level near $ 29,600. Prices are currently trading below the $ 29,000 level and the 100-hour simple moving average. With … Read more