USD/JPY Price Outlook: Holds steady but dips beneath 50-day SMA
USD/JPY Overview USD/JPY has seen consecutive declines. Traders are cautious due to political pressures affecting governance. The price is fluctuating between the 20-day and 50-day simple moving averages (SMA). The upcoming Jackson Hole speech might be a pivotal moment. Strong results could push USD/JPY above 148.00, but a drop below 147.00 is also possible. USD/JPY […]
Price forecasts for 8/20: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM
Key Points: Bitcoin’s recent dip resulted in significant withdrawals from the BTC ETF on Tuesday, but buyers may intervene if prices drop to around $110,530. Ether bulls are attempting to solidify a support level at $4,094, indicating some positive market sentiment. Bitcoin (BTC) is currently test the immediate support level near $112,000, yet if it […]
Price of gold as of August 20, 2025
As of 9:10 AM Eastern Time, gold is priced at $3,342 per ounce, reflecting a rise of $13 since yesterday. Over the past year, this has resulted in a profit of more than $830. Gold price per ounce % change Yesterday’s gold price $3,329 -0.39% Gold price 1 month ago $3,397 +1.65% Gold price from […]
Gold Price Outlook: XAU/USD nears important resistance near $3,330
Gold recovers some of its losses after a two-day downturn, but the overall trend is still downward. Investor caution and reduced geopolitical optimism following a sell-off on Wall Street help precious metals rebound. Xau/USD nears $3,335, sitting at the upper boundary of a descending wedge pattern. On Wednesday, gold (Xau/USD) managed to recover some losses, […]
Ethereum Price Drops to Two-Week Low with $4B Supply Pressure Ahead
Simply put Ethereum is set to unlock $4 billion in supply for validators in September. Investors seem hesitant as they await the Jackson Hole meeting on Friday, looking for cues from Powell regarding potential rate cuts in September. The slowdown in Ethereum’s network activity aligns with a broader sentiment of negativity observed across both crypto […]
UK Consumer Price Index expected to indicate prices increasing significantly above Bank of England’s target.
The UK’s National Statistics Bureau will publish its July CPI data on Wednesday. Inflation as measured by CPI is expected to exceed the July target set by the Bank of England (BOE). GBP/USD has seen a slight bear correction before this release. The UK June Consumer Price Index (CPI) is set to be released on […]
USD/JPY Price Outlook: Expected to stay flat before Powell’s Jackson Hole address
USD/JPY Market Update USD/JPY appears to have stabilized and is unlikely to recover the 20-day SMA following its recent dip. Resistance levels are at 148.00 and 148.51, which could limit gains towards the 200-day SMA around 149.15. Support can be found at 147.50 and 147.00, and selling might push prices lower to approach the 50-day […]
Novo Nordisk and GoodRx offer Ozempic at half price for cash-paying customers.
Novo Nordisk and GoodRx recently announced a partnership aimed at making Ozempic and Wegovy products more affordable for cash-paying patients. Starting this week, customers can buy Novo Nordisk’s Semaglutide Pen products for $499 a month through GoodRx. Typically, these medications, such as Ozempic, cost over $1,000 without insurance. “The demand for GLP-1 medications is at […]
Cardano could experience a significant surge if it surpasses $1: What is the potential peak for ADA’s price?
Key Highlights: The pricing technology for ADA has improved, now reaching $2. ADA Futures volume has hit a five-month high at $7 billion, indicating institutional interest. Cardano’s total value locked (TVL) is on the rise, tied to ETF approval probabilities. Cardano (ADA) experienced a notable increase of up to 37% in August. Though prices have […]
Is Bitcoin’s price heading towards $110K? Short-term owners sell 22K BTC at a loss
Key Highlights: Since Sunday, short-term Bitcoin holders have sold over 20,000 BTC at losses. Technical indicators suggest that pushing Bitcoin prices under $100,000 might be quite challenging for bearish traders. Bitcoin (BTC) prices dipped below $116,000, influenced by the uncertainty surrounding Jerome’s upcoming speech at Jackson Hole. This situation prompted investors and traders to reassess […]