Tag: downward

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Gold Prices on Downward Path and Probing Key Support Level Before US Jobs Data

Gold Prices on Downward Path and Probing Key Support Level Before US Jobs Data

GOLD PRICES FORECAST:Gold prices slide, pressured by soaring U.S. Treasury ratesNominal yields jump as strong U.S. economic data strengthens the case [...]
EUR/USD in Downward Spiral after Support Break. What Do Technicals Say?

EUR/USD in Downward Spiral after Support Break. What Do Technicals Say?

EUR/USD ANALYSIS:EUR/USD plunges on Wednesday, reaching its lowest level since March 17Softer-than-expected inflation data in several countries in Eu [...]
Is the Downward Correction in Gold Over?

Is the Downward Correction in Gold Over?

Gold, XAU/USD – Price Action:Gold rebounded on Friday after Fed chair Powell’s remarks.However, the drop to a six-week low could be a sign that cracks [...]
JPMorgan’s Kolanovic says thinks could see more downward pressure on equities

JPMorgan’s Kolanovic says thinks could see more downward pressure on equities

A quickie video interview with JP Morgan’s Kolanovic following the down day for US equities:Kolanovic (paraphrased):as yields rise multiples tend to g [...]
EUR/CHF Rejected Below 0.9700 – Downward Trendline to Drive Sell

EUR/CHF Rejected Below 0.9700 – Downward Trendline to Drive Sell

On Friday, when everyone is expecting major US economic data, such as nonfarm payrolls and the unemployment rate, we may have a great opportunity in t [...]
Gold Steady Under $1,665 – Downward Trendline to Drive Downtrend

Gold Steady Under $1,665 – Downward Trendline to Drive Downtrend

The gold price is trading at $1,655, following a strong surge. The gold price is undergoing a healthy pullback in the Tokyo session. As the bearish bi [...]
Bitcoin Under Pressure – Downward Trendline to Extend Resistance at $20,500

Bitcoin Under Pressure – Downward Trendline to Extend Resistance at $20,500

Bitcoin is still holding near the $20,000 level compared to the US dollar. Bitcoin (BTC) must break through the $20,550 resistance zone to begin a ste [...]
USD/JPY Susceptible to Larger Correction as RSI Develops Downward Trend

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 [...]
Bitcoin Price Prediction – Downward Trendline to Extend Resistance at $40K

Bitcoin Price Prediction – Downward Trendline to Extend Resistance at $40K

Bitcoin is currently trading above $39,500 against the US dollar, BTC must break through $40,250 to continue rising in the near term. BITCOIN has begu [...]
First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day

First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day

The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000. www.coinde [...]
First Mover Asia: Cryptos Inch Downward in Light Trading

First Mover Asia: Cryptos Inch Downward in Light Trading

(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin, ether moved little on Monday, as markets expect “v [...]
Bitcoin sees first downward difficulty move in 5 months amid ‘uncertainty’ over hodler spending

Bitcoin sees first downward difficulty move in 5 months amid ‘uncertainty’ over hodler spending

Bitcoin (BTC) is in a tight battle between bulls and bears and the network is now reacting, data shows.Trackers reveal that this week, Bitcoin diff [...]
China premier Li Keqiang: China economy is facing new downward pressure – ForexLive

China premier Li Keqiang: China economy is facing new downward pressure – ForexLive

China premier Li Keqiang: China economy is facing new downward pressure  ForexLive www.forexlive.com [...]
Surging US Crude Oil Price Adds to Downward Pressure on Stocks, Bonds and Gold Price

Surging US Crude Oil Price Adds to Downward Pressure on Stocks, Bonds and Gold Price

Crude oil prices, news and analysis:The recent surge in the crude oil price looks set to continue.If it does, that will add to the downward pressu [...]
Theta Continues Its Downward Spiral

Theta Continues Its Downward Spiral

Theta may only be down 1.08% today, but it’s continuing a bearish trend that does not seem to be letting up. Yesterday, Theta reached a low for the [...]
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