Bitcoin price recovery driven by growing US financial concerns – Cointelegraph
Bitcoin (BTC) has risen 2.4% since retesting the $59,900 support level on October 3, despite facing initial resistance at $62,000. The Oct. 4 rally was driven primarily by macroeconomic factors, including U.S. employment data, expectations for Japan's economic stimulus, and growing concerns about the U.S. financial system. In the United States, the economy is strong, […]
Bitcoin 16% drop in trading volume 'explainable,’ as price may fluctuate to $72K – Cointelegraph
Bitcoin (BTC) may not have performed as well as expected at the beginning of October, according to one crypto analyst, but analysts say it may not be performing as well as expected this month as investors focus on broader economic events. It may be too early to judge the rest of the trend, he said. […]
Gold price in India: Rates on October 4 – FXStreet
Gold prices rose in India on Friday, according to data compiled by FXStreet. Gold price rose to INR 7,188.75 per gram compared to INR 7,170.18 on Thursday. Gold price rose to Rs 83,848.18 per tola from Rs 83,631.55 per tola the previous day. unit measurement Gold price in INR 1 gram 7,188.75 10 grams 71,887.51 […]
Gold price remains range bound, looks to US NFP report for fresh directional impetus – FXStreet
Gold prices remain confined to a narrow trading range amid mixed fundamental indicators. Geopolitical risks are supporting the metal, although recent strength in the US dollar has capped gains. Traders also appear to be passive, keeping an eye on the US NFP report before betting on the direction. Gold price (XAU/USD) is moving sideways within […]
Gold price in India: Rates on October 2 – FXStreet
Gold prices fell in India on Wednesday, according to data compiled by FXStreet. Gold price fell at INR 7,161.77 per gram compared to INR 7,186.60 on Tuesday. Gold price fell to Rs 83,533.51 per tola from Rs 83,823.04 per tola the previous day. unit measurement Gold price in INR 1 gram 7,161.77 10 grams 71,617.18 […]
USD/JPY Price Forecast: Forms doji consolidates at around 143.50 – FXStreet
USD/JPY ended unchanged at 143.58, forming a “doji” candlestick, indicating indecision amid geopolitical risks. The RSI suggests a possible consolidation and is expected to trade between 142.98 and 144.53 in the near term. A move above 144.53 could target the 50-DMA at 145.00 and 145.47, while a move below 142.98 reveals the support level at […]
Bitcoin Price Drops Sharply as 'Uptober' Begins With Mass Liquidations and Middle East Tensions – Decrypt
Bitcoin prices plunged on Tuesday morning, the first day of the month that was historically expected to bring profits to traders. According to CoinGecko, the price of the largest digital asset is now $62,798, after falling as low as $62,633. It is down nearly 2% in 24 hours. US stocks too experienced a sharp decline […]
Gold price trades with mild positive bias above $2,625-2,624 pivotal support – FXStreet
Gold prices rose on Tuesday, stalling a recent correctional decline from record highs. Bets for further Fed rate cuts and geopolitical risks continue to benefit XAU/USD. Traders are now anxiously awaiting the release of key US macro data in hopes of providing some meaningful stimulus. Gold prices (XAU/USD) rose modestly during Asian trading on Tuesday, […]
EUR/USD Price Forecast: Flat lines below 1.1200 ahead of German consumer inflation data – FXStreet
EUR/USD lacks solid direction during the day, remaining within the range from a few days ago. The technical setup is mixed, so caution is required before positioning for a short-term trajectory. Traders are eyeing preliminary German CPI numbers for some stimulus ahead of Fed Chairman Jerome Powell's speech. The new week begins on a subdued […]
Gold Price Forecast: XAU/USD edges higher above $2,650 as traders brace for Chinese PMI data – FXStreet
Gold prices rose to $2,665 in early Asian session on Monday. Rising geopolitical tensions in the Middle East and Fed rate cuts are supporting gold prices. Investors are awaiting China's PMI to be released on Monday. Gold prices (XAU/USD) recovered to near $2,665 in early Asian trading on Monday. Precious metals have been buoyed by […]