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Gbpusd daily analysis – august 14, 2023
14/08/2023 04:14

Gbpusd daily analysis – august 14, 2023

Following its interaction with the descending trend line on the 4-hour chart, the GBPUSD currency pair experienced a sharp decline, dropping to 1.2665...

Pro-bitcoin candidate javier milei unexpectedly leads in presidential voting in argentina
14/08/2023 04:14

Pro-bitcoin candidate javier milei unexpectedly leads in presidential voting in argentina

Javier Milei, a libertarian candidate who has advocated for the elimination of the central bank and spoken favorably of Bitcoin, was in the lead in Su...

Risk on the defensive ahead of european trading
14/08/2023 04:10

Risk on the defensive ahead of european trading

Despite the best efforts by Beijing to try and defend the yuan, it is on the verge of its lowest levels since November last year against the dollar. A...

Energy-as-a-service market to be worth us$ 179 billion by 2033 | fact.mr report
14/08/2023 04:09

Energy-as-a-service market to be worth us$ 179 billion by 2033 | fact.mr report

Need for Sustainable Power Generation from Renewable Energy Resources Generating Lucrative Opportunities for Energy-as-a-Service Providers Rockville, ...

Eurusd daily analysis – august 14, 2023
14/08/2023 04:05

Eurusd daily analysis – august 14, 2023

After reaching a resistance level of 1.1047, the EURUSD currency pair experienced a significant decline, dropping sharply to 1.0929. Currently, it is ...

Outside the box: as social security turns 88, it needs to be strengthened — not cut
14/08/2023 04:01

Outside the box: as social security turns 88, it needs to be strengthened — not cut

Social Security has provided bedrock financial security for generations of retirees Read Full Story The post Outside the Box: As Social Security turns...

Is nasdaq following gold’s footsteps? ndx, xau/usd price setups
14/08/2023 04:00

Is nasdaq following gold’s footsteps? ndx, xau/usd price setups

Growing similarities on the charts of the Nasdaq 100 index and gold suggest the former could be in for some consolidation/minor retreat in an environm...

Everything you need to know about sba real estate loans
14/08/2023 03:59

Everything you need to know about sba real estate loans

One option is a loan from the Small Business Administration (SBA). There are two SBA loan types that can be used to buy real estate: SBA 7(a) loans an...

Gold prices unchanged, silver falls rs 3,200, trades at rs 73,000 per kg
14/08/2023 03:59

Gold prices unchanged, silver falls rs 3,200, trades at rs 73,000 per kg

The price of 24-carat gold remained unchanged during Monday’s early trade, with ten grams of the metal selling at Rs 59,620, according to data from ...

Sec delays ark invest’s spot bitcoin etf, opens proposal to public for comments
14/08/2023 03:59

Sec delays ark invest’s spot bitcoin etf, opens proposal to public for comments

The United States Securities and Exchange Commission (SEC) has delayed its decision regarding the approval or disapproval of a spot Bitcoin exchange-t...

Eur/usd drops again and could revisit 1.0850
14/08/2023 03:59

Eur/usd drops again and could revisit 1.0850

EUR/USD is moving lower below the 1.1000 support. It broke a rising channel with support near 1.0950 on the 4-hour chart. Looking at the 4-hour chart,...

Eur/usd drops again and could revisit 1.0850
14/08/2023 03:44

Eur/usd drops again and could revisit 1.0850

Key Highlights EUR/USD is moving lower below the 1.1000 support. It broke a rising channel with support near 1.0950 on the 4-hour chart. GBP/USD could...

Bitcoin, ethereum, and dogecoin drop amid lackluster trading movements: analyst says crypto a ticking time bomb set for ‘historical expansion’
14/08/2023 03:44

Bitcoin, ethereum, and dogecoin drop amid lackluster trading movements: analyst says crypto a ticking time bomb set for ‘historical expansion’

Major cryptocurrencies were experiencing a downward trend on Sunday evening, reflecting a consolidated market in the midst of a prolonged period of mo...

Nzd/usd under siege on domestic data and asian market risks
14/08/2023 03:42

Nzd/usd under siege on domestic data and asian market risks

NZD/USD is having a notable decline today, pressured by dismal services data from New Zealand and an escalating sense of risk aversion throughout Asia...

Forexlive asia-pacific fx news wrap: hang seng index slammed, wider risk off too: nq lower
14/08/2023 03:36

Forexlive asia-pacific fx news wrap: hang seng index slammed, wider risk off too: nq lower

MUFG say eased restrictions on Chinese international travel are yen supportiveAnalyst says the RBA cash rate has peaked at 4.1%, from prior forecast o...

Gbp/usd remains under pressure below the 1.2670 area, investors await uk inflation data, fomc minutes
14/08/2023 03:29

Gbp/usd remains under pressure below the 1.2670 area, investors await uk inflation data, fomc minutes

GBP/USD extends its downside around 1.2665 in the Asian session on Monday. The UK growth rate unexpectedly grew to 0.5% MoM in June, versus the market...

Pound sterling price news and forecast: gbp/usd extends its downside around 1.2665
14/08/2023 03:29

Pound sterling price news and forecast: gbp/usd extends its downside around 1.2665

The GBP/USD pair remains under pressure and trades in a negative territory for the fourth consecutive week. The major pair currently trades around 1.2...

Nz bnz services plunges down to 47.8, deepening contraction as activity dives
14/08/2023 03:28

Nz bnz services plunges down to 47.8, deepening contraction as activity dives

New Zealand’s service sector, as gauged by the BusinessNZ Performance of Services Index, experienced a marked decline in July, descending from 49.6 ...

Nzd/usd drops to its lowest level since november 2022, closer to mid-0.5900s
14/08/2023 03:14

Nzd/usd drops to its lowest level since november 2022, closer to mid-0.5900s

NZD/USD drifts lower for the fifth successive day and is pressured by a combination of factors. China’s economic woes and the downbeat domestic data...

Asian equities decline; yen breaches key level: markets wrap
14/08/2023 03:14

Asian equities decline; yen breaches key level: markets wrap

Equity benchmarks fell across Asia after Wall Street capped off a poor week on a down note and as China’s worsening property slump continued to damp...

Djia technical: at the risk of shaping a minor downtrend
14/08/2023 03:09

Djia technical: at the risk of shaping a minor downtrend

Key technical elements are showing signs of bullish exhaustion below the 35,650 resistance. Potential downside mean reversion to test the 50-day movin...

Chfjpy made the rally after 3 waves pull back
14/08/2023 03:06

Chfjpy made the rally after 3 waves pull back

Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of CHFJPY forex pair published in membe...

Usd/cad price analysis: pierces 200-dma, key resistance line as canada inflation, fed minutes loom
14/08/2023 02:59

Usd/cad price analysis: pierces 200-dma, key resistance line as canada inflation, fed minutes loom

Bullish MACD signals, sustained upside break of four-month-old rising trend line favor Loonie pair buyers. Read Full Story at source (may require regi...

Mufg say eased restrictions on chinese international travel are yen supportive
14/08/2023 02:57

Mufg say eased restrictions on chinese international travel are yen supportive

I posted earlier on China removing pandemic-related restrictions on group tours to more countries, including the U.S., Japan, South Korea and Australi...

: tesla cuts prices for some model y versions in china, as price war ramps back up
14/08/2023 02:49

: tesla cuts prices for some model y versions in china, as price war ramps back up

Tesla Inc. continued to ratchet up a price war in China, cutting the cost of two versions of its Model Y SUV by about $1,900 each. Read Full Story The...

Disappearance of $900k puts focus on vintage bitcoin project libbitcoin
14/08/2023 02:44

Disappearance of $900k puts focus on vintage bitcoin project libbitcoin

Hackers were able to exploit a vulnerability in the Libbitcoin explorer, an open-source command line tool or text interface used by Bitcoin developers...

Eur/usd price analysis: euro bears approach 1.0900 as sour sentiment, firmer yields propel us dollar
14/08/2023 02:44

Eur/usd price analysis: euro bears approach 1.0900 as sour sentiment, firmer yields propel us dollar

That said, a daily closing beneath the 100-DMA support of 1.0930 becomes necessary for the EUR/USD bears to prod the monthly low of around 1.0910. Als...

Asia day ahead: cautious tone to start the week: brent crude, china a50, usd/jpy
14/08/2023 02:30

Asia day ahead: cautious tone to start the week: brent crude, china a50, usd/jpy

The value-growth divide since the start of the month continued to play out last Friday, as market participants pare their exposure in US big tech and ...

Analyst says the rba cash rate has peaked at 4.1%, from prior forecast of 4.85%.
14/08/2023 02:23

Analyst says the rba cash rate has peaked at 4.1%, from prior forecast of 4.85%.

TD analysts are forecasting the Reserve Bank of Australia have reached the peak of the cash rate. The analysts concede there is still the possibility ...

Eth under pressure with sec and etf uncertainty a drag on staking inflows
14/08/2023 02:15

Eth under pressure with sec and etf uncertainty a drag on staking inflows

It is a bearish start to the week for ETH, with a sharp decline in staking inflows and elevated pending withdrawals a drag amidst increasing uncertain...

Foreign funds remain net buyers of bursa malaysia equities
14/08/2023 02:14

Foreign funds remain net buyers of bursa malaysia equities

Foreign investors were net purchasers of Bursa Malaysia equities for a fifth straight week last week to the tune of RM465.5mil. Read Full Story at sou...

Gold price forecast: xau/usd struggles near multi-week low, around $1,910 region
14/08/2023 01:59

Gold price forecast: xau/usd struggles near multi-week low, around $1,910 region

China’s economic woes and geopolitical risk could limit losses for the safe-haven metal. Read Full Story at source (may require registration) The po...

Precious-gold hits 5-week low as us dollar, yields stay elevated
14/08/2023 01:59

Precious-gold hits 5-week low as us dollar, yields stay elevated

Gold prices fell to their lowest level in more than five weeks on Monday, as the dollar and bond yields strengthened ahead of the U.S. Federal Reserve...

Gold, copper prices hit 1-mth low amid renewed inflation fears
14/08/2023 01:59

Gold, copper prices hit 1-mth low amid renewed inflation fears

Investing.com– Gold and copper prices fell to their weakest levels in a month on Monday, coming under pressure from a stronger dollar as rising U.S....

Gbp/jpy pares recent gains below 184.00 amid cautious mood, uk/japan inflation clues eyed
14/08/2023 01:59

Gbp/jpy pares recent gains below 184.00 amid cautious mood, uk/japan inflation clues eyed

Although the overbought RSI line triggered the GBP/JPY pullback, the pair’s upside momentum remains accepted unless the quote provides a daily closi...


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