Strategy Subtly Acknowledges Unexpected Plan to Sell Bitcoin, Causing Abrupt Price Drop
This week, Bitcoin has seen a significant decline, falling sharply as its previous 1,000% price surge is now a distant memory. Early investors are comparing this drop to the state of Bitcoin back in 2013. After reaching a peak of $126,000 in October 2025, Bitcoin managed to rebound briefly above $80,000, but it has since […]
EUR/USD Price prediction: Reaches 1.1620 lows due to risk aversion and rising oil prices
The euro (EUR) continued its downward trend against the dollar (USD) on Friday, slipping below 1.1650 for the first time since early April. This puts it on track for a weekly drop of about 1.2%. Various factors are creating a challenging environment for the euro, including a cautious market sentiment, rising U.S. Treasury yields due […]
AUD/USD Price Outlook: Short-term sentiment shifts to bearish as correction moves below 20-day EMA
On Friday, during European trading, the Australian dollar was down about 0.8% against the US dollar, trading around 0.7160. The Australian currency is experiencing strong selling pressure as the US dollar benefits from a significant increase in US bond yields. As of this writing, the US Dollar Index (DXY), which measures the value of the […]
EUR/USD Price Outlook: Short-term sentiment shifts to negative after fall below 1.1655
EUR/USD Update: Ongoing Decline The EUR/USD has continued its downward trend on Friday, slipping 0.15% to 1.1653 during Asian trading hours. Major currency pairs are under pressure as the US dollar gains strength, bolstered by the positive results from the recent meeting between President Trump and China’s President Xi Jinping. At the moment, the US […]
Silver price update as of Thursday, May 14, 2026
As of 8:30 a.m. ET today, silver is priced at $86.73 per ounce. This marks a 40-cent increase since yesterday and a notable rise of over $54 year-over-year. Historic Silver Performance Investing in silver typically doesn’t promise explosive returns. Historically, it has lagged behind the stock market, trailing the S&P 500 index by around 96% […]
GBP/JPY Price Predictions: British Pound drops to 213.30 despite favorable UK data
On Thursday, the British pound (GBP) remained within its prior trading range against the Japanese yen (JPY). Attempts by the pound to gain strength during the Asian trading session fell short, failing to breach the resistance around 213.70. Following some positive economic data from the UK earlier, the pound slipped back to just under 213.30. […]
AUD/JPY Price Outlook: Gains momentum as Trump meets Xi in Beijing, optimistic trend continues
Market Overview At the beginning of the European trading session on Thursday, the AUD/JPY currency pair was performing well, hovering around 114.65. Traders are particularly interested in the discussions taking place between US President Donald Trump and Chinese President Xi Jinping in Beijing, expected to yield insights later on Friday. Xinhua news agency reported that […]
NZD/USD Price Outlook: Difficulty in maintaining position above 61.8% Fibonacci retracement near 0.5940
Market Overview: NZD/USD Developments The NZD/USD pair is experiencing some light pressure, currently trading around 0.5935 during late Asian trading on Thursday. The market seems a bit cautious as investors are keenly awaiting the results of President Trump’s discussion with Chinese leader Xi Jinping. As of now, Asian stock markets are mostly down, with the […]
GBP/JPY Price Prediction: Surpasses 50-day SMA but remains stable under 214.00
GBP/JPY Trading Overview On Wednesday, GBP/JPY held around 213.50, experiencing a slight uptick of 0.04%, which kept it relatively stable as the yen underperformed against most G10 currencies. The inability of sellers to drive the pair below the 50-day simple moving average (SMA) at 213.16 seemed to pave the way for a rebound, with buyers […]
GBP/USD Price Outlook: Continues to drop beneath 20-day EMA
Market Overview On Wednesday in European trading, the GBP/USD exchange rate dropped by 0.25%, hovering around 1.3500. This decline can be attributed to the strength of the U.S. dollar (USD), which is experiencing upward pressure due to increasing expectations that the U.S. Federal Reserve will implement an interest rate hike at least once this year. […]