Soon after the better-than-expected US jobs report in the worse than expected Canadian jobs report, I posted the following brief commentary and chart: The key resistance zone overhead was defined by the 38.2% retracement level, the swing area between 1.37089 and 1.37149, and the 100-day moving average near 1.3720. The price pushed higher into that…
Bitcoin holds above key support as institutional demand continues supporting broader recovery. Inflation data and Fed signals remain critical for Bitcoin’s next major price move. A break above $82,700 could open the path toward higher Bitcoin resistance targets near $87,000. ’s recent rise shows that investors are looking for strong liquidity and fresh money flowing…
The USD moved briefly higher following the better-than-expected U.S. jobs report, but the broader market reaction has since turned more risk-positive than dollar-supportive. Nonfarm payrolls rose by 115K versus expectations of 62K, while the unemployment rate held steady at 4.3% as expected. Average hourly earnings increased 0.2% month-over-month and 3.6% year-over-year — a mixed outcome…
As the price fails to make an upside push, on-chain data paints a bearish picture. Notably, network activity has collapsed 85% in just two years. The XRP rally from late 2024 is now showing signs of cooling down, at least from an on-chain perspective. New blockchain data suggests that activity across the XRP network has…
The US jobs report is expected to show a meaningful slowdown in hiring momentum, but not enough deterioration to immediately force the Fed into an easing cycle. Consensus forecasts call for headline nonfarm payrolls to rise by 62K, down sharply from 178K last month, while private payrolls are expected at 75K versus 186K previously. The…
For most of the last seven years, Boeing (BA) has been the stock most traders stopped looking at. Two 737 MAX crashes in 2018 and 2019 grounded the entire fleet, and COVID hit the airline industry harder than any other sector. The Spirit acquisition turned into a manufacturing nightmare, and quality control problems made headlines…
If you haven`t bought the dip on NVDA: Why Nvidia (NVDA) Could Reach $240 by Year-End 2026? Nvidia is currently trading near $212, after a strong recovery toward its all-time high of $216.83 earlier this month and up solidly YTD in 2026.Reaching $240 by December 2026 (roughly +13% from current levels) is a highly realistic…
Failed Breakdown Reversal vs. Bearish ContinuationMarket Context:After a sustained Down Trend, GBPAUD formed a Bearish Rectangle. The initial breakdown led to an oversold RSI (below 30), suggesting a climax rather than a sustainable move. Price has since formed a Double Bottom with a clear Bullish Divergence, indicating a potential failed breakdown and a reversal. Technical…
XAG/USD 1-Hour Short Trading PlanTrading Instrument: XAG/USDTimeframe: 1 HourTrading Direction: ShortEntry Strategy: Enter short after price retracement Entry Level: Around 81.25086Stop Loss: 82.41750 TP1: Around 78.32660Close 50% position, move stop loss to breakeven. TP2: Around 76.21130Close another half of remaining position, trail stop loss to protect profits. TP3: Around 73.26925Reduce half of leftover position again,…
Market Overview The crypto market capitalisation has fallen by around 2% over the past 24 hours to $2.62 trillion, amid a renewed flight to safety in global markets. The leaders were (+9%), (+3.6%) and (+1.4%); the laggards were (-4.7%), (-3.7%) and (-3.5%). Since hitting lows at the end of March, the cryptocurrency market has been…
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