Was yesterday the capitulation in NVDA? [Video]

Dale J Pinkert Independent Analyst

Join TradeGATEHub Live Trading as we dive into yesterday's market action. Was it the capitulation in #NVDA? Coach will discuss the dollar's recovery and highlight how NVDA hit its first objective. Meanwhile, Mike will analyze the rotation of flows from yesterday and this morning, sharing his trades and insights on option sweeps that reveal critical market signals. Don’t miss this in-depth analysis!

Author

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

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EUR/USD retakes 1.1600; looks at the 200-day SMA

EUR/USD manages to gather fresh steam and advances past the 1.1600 hurdle as Monday’s NA session draws to a close. Indeed, the pair patially reverses Friday’s sharp retracement amid the renewed downside momentum in the US Dollar. Moving forward, the flash Inflation Rate in the euro zone and US JOLTs and the ISM Manufacturing should keep investors entertained on turnaround Tuesday.

Gold bulls seem hesitant above $4,450 on USD demand

Gold is struggling to build on the overnight bounce from sub-$4,400 levels in Asia on Tuesday amid a stronger US Dollar. Fed Chair Kevin Warsh's hawkish message, along with inflation risks stemming from higher oil prices, lift September rate-hike bets. Adding to this, escalating US-Iran tensions could support the safe-haven USD, warranting caution for XAU/USD bulls.

Bitcoin holds near $80,000 amid cooling spot activity and stable institutional demand

Bitcoin is trading near $80,000 on Monday despite weakening activity across spot and derivatives markets. In a report on Monday, Glassnode noted that the top crypto briefly broke above $80,000 before consolidating near its current level, as price momentum declined 5% over the past seven days, falling from 85.5 to 81.2.

WTI holds above $85.50 as Middle East risks tighten global supply

West Texas Intermediate oil price gains ground for the second successive day, trading around $85.60 per barrel during the Asian hours on Tuesday. Crude oil prices are climbing following a fresh wave of hostilities in the Middle East that has renewed fears over potential disruptions to regional energy flows.

Diesel’s record $100 warning: The oil shock hiding in plain sight

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