The EUR/USD pair continued its upward trajectory, reaching our previously identified target of 1.0915 and peaking at 1.0922 during the first trading sessions of this week. Technical Outlook: The technical outlook remains strongly bullish. On the 4-hour chart, the pair is receiving sustained positive momentum from the simple moving averages …

Bitcoin’s price experienced a significant rebound on Monday, recovering from recent lows, as markets reacted to the attempted assassination of former President Donald Trump. Speculation that the failed attack could boost Trump’s chances of a second term fueled the cryptocurrency’s rise, given his favorable stance on cryptocurrencies. Key Points: Bitcoin …

Asian currencies remained largely steady on Monday, while the U.S. dollar saw a modest uptick as investors sought safe-haven assets following the shocking attempted assassination of former U.S. President Donald Trump over the weekend. Market Activity Subdued, Yen in Focus Trading volumes across Asia were noticeably thin due to a …

The world’s financial markets face a turbulent opening on Monday following a shocking turn of events in American politics. The attempted assassination of former President Donald Trump on Saturday has sent ripples through the global economic landscape, with Asian markets poised to be the first to react to this unprecedented …

Gold stands as one of the world’s most favored financial investments, particularly during periods of market volatility such as the present. Its appeal lies in the high level of security it offers investors, coupled with minimal—sometimes even negligible—risk. This safety applies whether one is dealing in physical gold or trading …

Tesla has postponed the launch of its highly anticipated robotaxi by approximately two months to October, according to a Bloomberg News report. This delay stems from a directive for the design team to rework certain elements of the vehicle. Following the news, Tesla’s shares experienced an 8% decline, closing at …

Bitcoin’s price has been on a downward spiral, hitting a four-month low as concerns mount over increased selling pressure from various sources, including Mt. Gox refunds and actions by the German government. However, some experts believe this might be a “bear trap,” luring investors into selling prematurely before a potential …

The U.S. dollar found its footing on Friday after a sharp decline to a one-month low, triggered by softer-than-expected inflation data that fueled expectations of a September rate cut by the Federal Reserve. However, the broader foreign exchange markets remained cautious due to volatility in the Japanese yen, which strengthened …

Gold prices experienced a minor dip in Asian trading on Friday, but still held strong gains from the previous session, bolstered by softer-than-expected U.S. inflation data that fueled expectations of a September interest rate cut. Gold’s Strong Performance: The yellow metal surpassed the significant $2,400 an ounce level on Thursday, …

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