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HubuFX replied Nov 7, 2024Article ⇒ GBPUSD Climbs 0.3% on Rumors of Fed Rate Cuts FxNews—The British pound trades in a bear market against the Greenback, below the 100-period simple moving average and the bearish flag.
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HubuFX replied Nov 6, 2024Article ⇒ EURUSD Falls Under $1.076 Support Amid Bearish Pressure FxNews—The EUR/USD bearish trend resumed after the price broke below the 100-period simple moving average at approximately $1.084. Due to the robust bearish pressure, the European ...
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HubuFX replied Nov 6, 2024Article ⇒ Ripple Tests Key Resistance After %3.7 Gain FxNews—Ripple gained 3.7% in today’s trading session, trading at approximately $0.533, testing the upper line of the bearish flag and the 50-period simple moving average.
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HubuFX replied Nov 6, 2024Article ⇒ Litecoin Bulls Defend Key Fibonacci Level Amid Price Drop FxNews—Litecoin was not an exception to the cryptocurrency gain on Wednesday. After the price surged to the November 2 high and tested this point at $71.3 as resistance, the bears ...
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HubuFX replied Nov 6, 2024Article ⇒ Ethereum Surpassed $2560 Double Bottom Pattern Confirmed FxNews—Ethereum formed a double bottom pattern, as mentioned in our previous analysis. The pattern resulted in the price breaking from the $2,480 immediate resistance and surpassing ...
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HubuFX replied Nov 5, 2024Ethereum Eyes $2,480 Break with Double Bottom Pattern image FxNews—Ethereum has formed a double bottom pattern and is currently testing the $2,480 resistance level. Meanwhile, the Awesome Oscillator signals divergence with green bars approaching ...
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HubuFX replied Nov 5, 2024USD/CHF FVG Bearish Gap Hints at Stronger Downtrend image FxNews—USD/CHF tested the 100-period simple moving average. Consequently, the 4-hour price chart formed a bearish fair value gap, indicating that the bear market strengthens. Additionally, ...
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HubuFX replied Nov 5, 2024Article ⇒ Gasoline Prices Remain High as OPEC Holds Back on Output FxNews—US gasoline futures climbed to $2 per gallon, tracking oil prices higher after OPEC+ announced it would postpone a planned production increase by one month. OPEC had initially ...
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HubuFX replied Nov 5, 2024Article ⇒ NATGAS Faces Major Resistance with Middle East Calm FxNews—U.S. natural gas futures have traded at approximately 2.37 per MMBtu, falling from a recent four-month high of $2.8, the October high. This significant price decrease happened ...
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HubuFX replied Nov 4, 2024Article ⇒ WTI Crude Jumps 3% as OPEC+ Extends Production Cuts FxNews—On Monday, the price of WTI crude oil rose by 3%, reaching $71.50 per barrel. This increase occurred after OPEC+, a group of major oil-producing countries, decided to delay their ...
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HubuFX replied Nov 4, 2024Article ⇒ Can USDCAD Hold 1.387 Support as Pressure Mounts? FxNews—The U.S. Dollar started dipping against the Canadian dollar when the price peaked at 1.395, the August 5 high. This drop was expected because the Stochastic Oscillator has been ...
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HubuFX replied Nov 4, 2024Article ⇒ Key USDJPY Support at 151 Faces Stochastic Oversold Alert FxNews—The U.S. dollar trades bullish against the Japanese yen, but the uptrend eased when the price reached the daily 61.8% Fibonacci retracement level at 153.3. As of this ...
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HubuFX replied Nov 4, 2024Article ⇒ GBPUSD Bounces from 100-SMA as UK Inflation Nears 2.6% FxNews—The British Pound is strengthening and is close to reaching $1.3, bouncing back from its lowest point in two and a half months. Investors are now turning their attention to the ...
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HubuFX replied Nov 4, 2024Article ⇒ Is Solana $159 Support Level About to Break? FxNews—Solana‘s value declined from the October 29 high of $183.0. The bearish momentum eased when the price neared the 38.2% Fibonacci retracement level at $159.5. As of this writing, the ...
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HubuFX replied Nov 3, 2024Article ⇒ Cardano Bear Trend Deepens if Price Drops Below $0.334 FxNews—Cardano, or ADA, lost 3.2% of its value in today’s trading session due to a new bearish wave that began at $0.364. As of this writing, the ADA/USD pair trades at approximately ...
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HubuFX replied Nov 3, 2024Bitcoin Under $70000 with Oversold Signals – Time to Buy? image FxNews—Bitcoin has broken below the 100-period simple moving average and the ascending trendline, currently trading around $68,320. Meanwhile, the Stochastic Oscillator signals an ...
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HubuFX replied Nov 1, 2024Article ⇒ USDCAD Overbought at 1.399 Resistance – Is a Drop Coming? The U.S. Dollar is in a strong uptrend against the Loonie, poised to break the 1.394 resistance. Interestingly, USD/CAD pulled back from 1.394 before August 5.
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HubuFX replied Nov 1, 2024Euro Faces Pressure: Key Indicators to Watch Now image FxNews—The EUR/USD currency pair stabilizes above the 100-period simple moving average and the 1.084 immediate support level. This occurs as Stochastic records show a reading of 82, indicating ...
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HubuFX replied Nov 1, 2024Article ⇒ USDJPY Flipped Below 152 Amid BoJ Keeps Rate Unchanged FxNews—The Japanese yen strengthened beyond 152.4 per dollar on Thursday, rebounding from recent three-month lows. This move came after the Bank of Japan kept its policy rate steady at ...
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HubuFX replied Nov 1, 2024Article ⇒ US Natural Gas Prices Tests $2.18 Amid High Supply FxNews—US natural gas prices fell below $2.75 per MMBtu, dropping from recent highs of over $3. This drop happened because of strong domestic supply and reduced risks from the Middle East.
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