Analysis

Ripple price has been fluctuating around the critical support level at $0.47, witnessing minor fluctuations and sideways movements. This price range has consistently supported XRP, indicating strong demand and an increased…

Polkadot stock recently saw increased buying activity near the crucial support area at $5.5, leading to a notable rally and breaking the lower end of the multi-month triangle that was previously broken. This price action indicates a false…

Basic overviewThe US dollar continues to get support from good economic data as seen recently from the US PMIs last Friday and the US Consumer Confidence report this week. Although this data keeps interest rate expectations stable around…

Basic overviewThe US dollar continues to get support from good economic data as we recently saw from the US PMIs last Friday and the US Consumer Confidence report yesterday. Such data keeps interest rate expectations stable around two cuts…

Basic overviewCrude oil reversed all its losses from the last week of May, when the market fell, despite OPEC+ extending voluntary production cuts, with the price falling out of a full month's range. It is possible that the decline…

Basic overviewLast week, the US dollar lost strength across the board after the weak US CPI report, with the market cutting interest rates twice by the end of the year. The moves were reversed soon after as we got a slightly tougher than…

Basic overview The US dollar was sold off across the board on Wednesday following the release of a weak US CPI report. This data has prompted the market to re-price the discounts twice this year. Later in the day, we got a tougher than…

Basic overviewThe US dollar was sold off across the board yesterday after the weak US CPI report. This data has prompted the market to re-price the discounts twice this year. Later in the day, we got a tougher than expected decision from…

Basic overviewDespite OPEC+'s recent extension of voluntary production cuts, crude oil was sold off as the price broke support in the May range. However, the decline may only be technical as it gained bearish momentum on the breakout.…

Basic overviewThe US dollar returned strongly last Friday after the release of the strong US non-farm payrolls report, where the data surprised with strong growth in jobs and wages. There were also negatives such as high unemployment, but…