Five Things to Know In Crypto This Week: BTC and ETH Diverge on ETF Flow Trends
US politics could dictate near-term trends for BTC and the broader crypto market on Saturday, with Trump attending Bitcoin 2024.
XRP News Today: SEC Silence Fuels Ripple Settlement Speculation
Ripple’s case with the SEC remains unresolved, with settlement talks and potential appeals influencing the market forecast for XRP.
Bitcoin (BTC) News Today: BTC Eyes $70K Amid Trump’s Potential Bitcoin Policy
US BTC-spot ETF market sees inflows amid Trump’s speech speculation. BTC eyes $70,000 with BTC-spot ETF flows countering Mt. Gox repayments.
Natural Gas Price Forecast: Breaks Trend Low, Eyes on $2.00 Support
Bearish signal as natural gas drops below $2.015; key support at $2.00 could lead to reversal or further decline.
Gold Price Forecast: Support Holds but It May Not Last
Gold remains between $2,356 and $2,391; a break below $2,353 suggests bearish continuation towards $2,332 and beyond.
NASDAQ Index, SP500, Dow Jones Forecasts – Dow Jones Climbs Above 40,500 As 3M Soars 21%
SP500 and NASDAQ rebound from multi-week lows as traders buy the dip.
Gold, Silver, Platinum Forecasts – Gold Rebounds As Treasury Yields Fall
Gold traders buy the dip ahead of the Fed decision, which will be released next week.
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As PCE Index Meets Estimates
Falling Treasury yields put additional pressure on the U.S. dollar.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Demand Concerns
Brent oil tested multi-week lows as geopolitical premium declined.
S&P Weekly Price Forecast – S&P 500 Attempts to Recover After Selloff
The S&P 500 weekly chart shows that we are in a state of flux, and as a result, the market could have a lot of traders concerned. With this, the market continues to look as if there are buyers out the
NASDAQ Weekly Price Forecast – NASDAQ 100 Continues to See Troubles
The past few weeks have been hard on the NASDAQ 100, but at this point in time, we are trying to sort out whether or not we are going to go higher again. At this point, the market has been in an uptrend, and therefore it is likely we will
AUD/USD Weekly Price Forecast – Australian Dollar Plunges For The Week
The Australian dollar continues to be noisy and negative, but when you look at it from a longer-term perspective, this is a market that continues to go sideways in general.
Shiba Inu Price Dips 19% as Donald Trump Swings Investor Focus towards BTC, ETH
Shiba Inu price tumbled toward $0.000016 on July 26, 2024, amid as Trump’s Bitcoin Conference switch draw large investors attention away from memecoins.
EUR/USD Weekly Price Forecast – Euro Continues to Put Traders to Sleep
The euro continues to bounce around overall, as short-term traders continue to push and pull this market overall. Remember, this is a market that often will continue to look at the big figures for dir
Gold Weekly Price Forecast – Gold Continues to Look Strong Despite Falling
The gold market has been a bit noisy over the last few days, as the weekly charts show that perhaps we are trying to find out whether or not there is any real momentum underneath.
Michigan Consumer Sentiment Drops To 66.4, Exceeding Analyst Expectations
Long-run inflation expectations remain unchanged at 3.0%.
Dow Jones: 3M’s Best Day Since 1972 Boosts Industrials, Lifts Market Sentiment
Dow Jones surged over 600 points, led by 3M’s best day since 1972. Tech stocks showed signs of recovery, and inflation data aligned with expectations. Market volatility persists.
Crude Oil Weekly Price Forecast – Crude Oil Drops a Bit For The Week
The crude oil markets have fallen a bit during the week, testing the bottom of the symmetrical triangle that we have been in for some time. Because of this, the market looks like it is going to remain a bit rangebound.
Crude Oil Weekly Price Forecast – Crude Oil Drops a Bit For The Week
The crude oil markets have fallen a bit during the week, testing the bottom of the symmetrical triangle that we have been in for some time. Because of this, the market looks like it is going to remain a bit rangebound.
Bitcoin Weekly Price Forecast – Bitcoin Continues to Look Strong
The week for Bitcoin has been negative in the beginning, only to turn around and show strength again. This is particularly impressive due to the fact that the previous week was so strong overall. Keep
Silver Weekly Price Forecast – Silver Continues to See Selling
This week has been rough on the silver market, as we have plunged below the crucial $28.50 region. Now that we are below here, we are watching the next massive support level below to see if the buyers will return.
USD/JPY Weekly Price Forecast – US Dollar Continues to Look Positive Overall Against Yen
The US dollar has had a rough week against the Japanese yen, but at this point in time, the market looks likely to recover, and I am watching the crucial 155 yen level for confirmation. The question n
Natural Weekly Price Forecast – Natural Gas Gives Up The Gains For The Week
This week has been ugly for natural gas, as we gave up significant gains later on. Because of this, the market looks as if it is ready to challenge the potential support at the $2 level.
Fed’s Key Inflation Measure Matches Estimates
Fed’s key inflation gauge aligns with expectations. PCE index rose 2.5% YoY in June, hinting at potential September rate cut. Market outlook cautiously optimistic.
Stocks: The Question Remains – Is This Just a Correction?
Stocks fluctuated on Thursday in a big way, with the daily trading range of the S&P 500 index exceeding 100 points.