Tag: correction
Market correction vs. bear market: Key differences explained
Market corrections and bear markets both involve price declines, but knowing how to differentiate between th [...]
USD/JPY Susceptible to Larger Correction on Break Below 50-Day SMA
Japanese Yen Talking PointsUSD/JPY appears to be tracking the weakness in US Treasury yields as it snaps the opening range for July, and failure to h [...]
UK Oil – Looking to Rotate, Wave 4 Correction Completed and Rejected off 200 Moving Average
UK oil has been consolidating since March 22 high at 133.107 all the down to July 2022 lows at 94.480 and it seems like it is looking to re-test the [...]
Solana price enters correction territory after 80% monthly gains
Solana (SOL) ticked modestly lower on July 20 after testing a critical technical resistance, suggesting further pullback moves in the coming weeks.SOL [...]
Gold Gains Support at $1,700 – What Could Drive a Bullish Correction?
The gold price oscillated between tepid gains and minor losses, consolidating its recent decline to its lowest level since August 2021. The XAU/USD, o [...]
DeFi token Aave faces major correction after soaring 100% in a month
The price of Aave (AAVE) has more than doubled in a month, but its bullish momentum could be reaching a point of exhaustion.AAVE price tests key infle [...]
Copper’s Decline Overextended but Hinting for a Deeper Correction
Since March 7th peak at 5.03, we have been witnessing a 35% decline until present in Copper. This decline has been continuous, but we are seeing some [...]
USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone
Canadian Dollar Talking PointsUSD/CAD snaps the series of lower highs and lows from the start of the week even as Canada’s Consumer Price Index (CPI) [...]
Dollar extends correction amid a quiet start to the NFP week
Here is what you need to know on Monday, May 30:
Risk-flows extend into a fresh week this Monday, as investors cheer news that S [...]
Dollar extends correction ahead of key US data, Powell speech
Here is what you need to know on Tuesday, May 17:
The greenback weakened modestly against its rivals on Monday and the US Dollar [...]
USD/JPY Susceptible to Larger Correction as RSI Develops Downward Trend
Japanese Yen Talking PointsUSD/JPY initiates a series of higher highs and lows after snapping the opening range for May, but recent developments in t [...]
USD/ZAR Downside Correction on the Horizon?
RAND ANALYSISRand opens lower as dollar remains bid.Technical analysis points to possible USD/ZAR pullback.USD/ZAR FUNDAMENTAL BACKDROPThe South Afri [...]
Australian Crypto ETF Listings Kick Off With Low Volumes Amid Crypto Correction
Three crypto ETFs went live in Australia as bitcoin struggles to turn the tide following a devastating move to the downside.
www.coindesk.com [...]
Gold Supported at $1850, Bullish Correction Looms
Gold (XAU/USD) prices flip around the short-term key horizontal support area near $1,850 as market sentiment dwindles during early Tuesday, having dro [...]
Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binanc [...]