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AUD/USD renews two-month lows near 0.7050
AUD/USD refreshes two-month lows near 0.7050, having stalled its bounce around 0.7075 region. The US dollar appears to have regained poise amid tepid market mood. The focus is now on whether the US dollar gives back some ground ahead of US data, Powell Day 3.
Gold's potential short-term reprieve if USD pulls back
Gold prices have deteriorated in the US dollar's relentless comeback as investors move away from stocks. The price of the dollar is correlated to gold, so it stands to reason that if the dollar is about to tail off its gains, then gold should find reprieve.
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Bitcoin Price Forecast: BTC downside capped at $9,700
BTC has flashed a buy signal in the 12-hour chart. Bitcoin has dropped from $11,085 to $10,265 over the last five days, falling below the symmetrical triangle formation in the process. This Wednesday, the price tumbled ...
Ethereum closer than ever to ETH 2.0 with Spadina Launchpad live on September 29
The main idea behind the Eth2 upgrade is the shift towards a PoS consensus algorithm as the current Proof-of-Work algorithm is energy-intensive and not sustainable in the long-run. Additionally, ETH's current speed ...
Tron Technical Analysis: TRX downside capped at $0.024
TRX is priced around $0.025 as the bears managed to eke out an advantage this Wednesday. Over the last three weeks, the price has dropped from $0.04 to $0.025, charting a 37.5% drop in valuation.