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ETH/USD: Corporate Demand For the Coin Is Rising
According to Santiment, in early May large holders acquired more than 140,000 ETH within 96 hours. This demand is forming against a backdrop of growing corporate interest in Ethereum as…
US gasoline prices top $4.50 a gallon as summer driving season nears
US gasoline prices top $4.50 a gallon as summer driving season nears Source link
USDCHF sellers remain in control. Price tests 100 hour MA twice and finds willing sellers
The USDCHF found support late last week after testing a key swing area floor between 0.7774 and 0.7782, a level that has held multiple times since April. Friday’s low at…
GBP/USD stalls as US data dominates a quiet UK week
GBP/USD ended Tuesday near where it started, settling close to 1.3545 after a narrow session capped by resistance around 1.3550. Price has held a roughly 60-pip range across the past…
Sunset Market Commentary – ActionForex
Markets The by-nature fragile ceasefire between the US and Iran was weakened severely by yesterday’s skirmishes in the Persian Gulf but survives so far. US Defense Secretary Hegseth detailed Operation…
Crude oil trades between 100/200 hour MAs. Neutral bias.
Crude oil is under pressure, trading down $3.80 (-3.57%) at $102.62, after a volatile session that saw a high of $105.48 and a low of $101.08.From a technical perspective, the…
Forex Today: DXY steadies as resilient US data keep FX markets on edge
Here is what you need to know for Wednesday, May 6:The US Dollar Index (DXY) is trading with a neutral tone near the 98.50 area, supported by safe-haven demand and…
Silver Price Analysis: Capped below $75, as momentum remains bearish
Silver price trims some of its Monday losses, recovering some ground up 0.69% in the day, trading at $73.22 after bouncing off a daily low of $72.42. An improvement in…
India: BJP gains and market focus – DBS
DBS Group Research economist Radhika Rao analyses recent Indian state election results, highlighting the BJP’s (Bharatiya Janata Party) historic gains in West Bengal and a third-term win in Assam, alongside…
