Japanese Yen remains close to a forty-year low as sellers become wary of intervention risks.
USD/JPY Currency Pair Update The USD/JPY pair has been fluctuating slightly, showing some minor gains and losses during Asian trading on Monday. It’s hovering just below the mid-162.00 yen mark, which is notable given the relatively low liquidity caused by a Japanese holiday. Interestingly, the spot prices are close to a 40-year peak set earlier […]
EUR/GBP Price Prediction: RSI approaches oversold territory as sellers maintain important resistance
EUR/GBP Market Update On Friday, the EUR/GBP currency pair saw a slight increase, marking its second consecutive day of gains as traders began to unwind short positions that had built up following a downturn earlier in the week. Currently, the cross is trading around 0.8501, but notably, it remains in a decline that has lasted […]
NZD/USD Price Outlook: Remains under 200-day, sellers aim for 0.5700
On Monday, the New Zealand dollar experienced a slight decline of 0.12% during North American trading, although it managed to gain against most G8 currencies. This movement comes amid rising geopolitical tensions and assertive remarks from the head of the Federal Reserve. Currently, NZD/USD is at 0.5754, down from a peak of 0.5789 earlier in […]
New ATF Regulation May Lead to Classic Confrontation Between Small Businesses and Online Sellers
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has proposed a new regulation that may allow consumers to buy firearms online without visiting their local Federal Firearms Licensee (FFL). This could lead to tensions between online retailers and consumers. This proposal, announced on May 8, updates the rules concerning “off-the-counter” sales by FFLs. The […]
Cardano Price Prediction: ADA faces over 20% decline as sellers come back
Cardano (ADA) has experienced a significant drop this week, with losses extending for a third consecutive day on Tuesday. Large investors, often called whales, are stepping back as retail interest diminishes, leading to a decline in both ADA futures open interest and funding rates over the last 24 hours. With bullish momentum fading, the technical […]
Pi Network Price Prediction: PI faces the threat of a new record low as sellers gain control.
The price of Pi Network (PI) saw a slight drop on Monday, raising concerns about a significant correction that could push it below its all-time low of $0.1184 recorded on June 6. As the excitement from Pi2Day fades, negative funding rates emphasize a selling advantage. Technically, PI continues its downward trend, with increasing momentum despite […]
Anthony Pompliano Indicates Bitcoin Sellers Are ‘Beginning To Feel Tired’ As BTC Drops Below $70,000 Following Late Monday Crash
Anthony Pompliano, the CEO of Professional Capital Management, mentioned on Monday that there seems to be selling pressure in the Bitcoin (CRYPTO: BTC) market, as indicated by on-chain data and insights from Binance Research. “Sustaining convictions of long-term holders.” In a video shared on X, Pompliano pointed out four important data points to back up […]
Silver Price Outlook: XAG stabilizes around $75.50 as sellers target 200-day average
On Friday, the price of silver (XAG/USD) dropped by 0.16%, settling into a range between $75.00 and $76.00, which is quite close to the 50-day simple moving average of $75.70. XAG/USD Price Prediction: Technical Outlook It seems silver will continue to consolidate after breaking below both the ascending channel support trendline and the 50-day SMA, […]
British Pound falls from monthly peak against JPY; sellers appear cautious
GBP/JPY Currency Update During Tuesday’s Asian session, the GBP/JPY cross saw a slight decline, slipping from its monthly high of around 214.70. Currently, it’s trading near the 214.35 mark, down a bit over 0.10% for the day. It’s not quite the follow-up some were expecting after the strong gains observed recently. There are several factors […]
Sellers: Republicans traded Klan hoods for Brooks Brothers suits
Discussion on Republican Tactics During CNN’s “NewsNight” on Monday, contributor Bakari Sellers argued that Republicans have merely swapped the Klan hood for Brooks Brothers suits. Host Abby Phillip mentioned President Trump’s message directed to his supporters in Bacarry, South Carolina, regarding the upcoming redistricting vote in the South Carolina Senate. Trump stated, “Just like the […]