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News
Crypto: Retail Traders Prefer to Sell
1+ hour, 13+ min ago (404+ words) The crypto market is correcting following the recent rally: retail investors are taking profits, while large holders continue to accumulate BTC. The crypto market cap has fallen by 2% over the past 24 hours to $2.67T, while remaining 1.5% above the level seen a…...
US Dollar Price Forecast: Fed Hike Bets Rise as ECB Tightening Supports Euro; EUR/USD and GBP/USD Key Levels
3+ hour, 38+ min ago (573+ words) Inflation concerns dominate the euro this week with the European Central Bank’s (ECB) meeting. All 65 economists in the Reuters poll expect the ECB to increase their deposit rate by 25 basis points to 2.50 percent. Inflation for the Eurozone jumped to 3.3 percent....
Oil Price Forecast: Brent Nears $100 as US-Iran Conflict Escalates
6+ hour, 49+ min ago (529+ words) The daily chart for WTI crude oil shows that the price has broken out of the triangle at the $87 area and pushed toward the initial resistance level of $92.50. The price shows positive consolidation around this resistance and increases the odds…...
The Hormuz Crisis Continues. How High Could Oil Prices Go From Here?
19+ hour, 45+ min ago (103+ words) FXEmpire What I have been covering over the last 2 months-the refinery and diesel story-has now reached port Welcome to the third order consequences of this oil market disruption Global refinery is so constrained, that even with US refiners pushing utilisation…...
VOYG Price Forecast: Bullish Reversal Could Target $51.75
14+ hour, 31+ min ago (106+ words) During the advance, strength was confirmed by a reclaim of the 50-day moving average and a bullish reversal signal that occurred when VOYG rose above the lower swing high from July at $36.92. That combination of momentum and technical confirmation now…...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Houthis Attack Saudi Aramco Facilities
16+ hour, 48+ min ago (576+ words) Natural gas gains ground as traders focus on high demand, which is driven by hot weather. Weather forecasts for the upcoming days are bullish, providing additional support to natural gas markets. The nearest resistance level for natural gas is located…...
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats On Rate-Hike Worries
17+ hour, 58+ min ago (645+ words) Gold is losing some ground as traders stay focused on the recent Non Farm Payrolls report, which indicated that U.S. economy added 162,000 jobs in August. The strong report raised worries about a potential rate hike from the Fed. According to FedWatch…...
Ethereum Price Forecast: Classic Wyckoff Setup Warns of 10% ETH Dip
20+ hour, 8+ min ago (484+ words) Ethereum’s native token, Ether (ETH), could fall toward $2,270 in the coming sessions as a bearish Wyckoff distribution structure develops on its four-hour chart. ETH rallied sharply from around $1,900 to above $2,500 in late August, gaining roughly 30% within days. But the upside…...
Gold Price Forecast: Rate Hike Risk Builds Ahead of US CPI
22+ hour, 4+ min ago (350+ words) Gold remains neutral as higher rate expectations pressure prices. Treasury yields and US CPI take center stage ahead of next week’s Fed meeting. The gold market is slightly negative here on Monday in thin holiday trading as the futures markets…...
Bitcoin Price Prediction: $80K Breakout Hinges on New Catalyst
21+ hour, 35+ min ago (590+ words) Bitcoin (BTC) has been relatively stalled in the past few days after failing to climb above the $80,000 mark on renewed macroeconomic woes and rising tensions in the Middle East. During the weekend, the United States targeted and attacked three oil…...