Author: Omada Admin

Key Highlights Bitcoin price started a recovery wave above the $85,000 resistance zone. BTC is following a bullish trend line with support at $85,400 on the 4-hour chart. Ethereum price also recovered and climbed above the $2,000 level. Gold could aim for a fresh increase if it stays above $3,000. Bitcoin Price Technical Analysis Bitcoin…

Nasdaq-100: ⬆️ Buy Nasdaq-100 broke resistance zone Likely to rise to resistance level 20500.00 Nasdaq-100 index recently broke the resistance zone between the round resistance level 20000.00 and the resistance trendline of the daily down channel from February. The breakout of this resistance zone accelerated the active intermediate impulse wave (3) from the start of…

Gold: ⬆️ Buy Gold reversed from support zone Likely to rise to the resistance level 3060.00 Gold recently reversed up from the support zone between the round support level 3000.00 and the 38.2% Fibonacci correction of the upward impulse from the start of March. The upward reversal from this support zone stopped continues the active…

Despite rising recession fears and declining US consumer confidence, the Dow Jones Industrial Average is experiencing gains. US consumer confidence has fallen for the fourth consecutive month. Key Technical Levels Identified for Dow Jones. US Equity markets continued their advance today as investors evaluated the impact of upcoming reciprocal tariffs following U.S. President Donald Trump’s…

The RBA was too hawkish in its rhetoric last month to consider a cut at this meeting. The labour market, wages, consumption and trimmed mean inflation are all crucial for the path beyond that. We are sufficiently confident that the RBA will keep rates on hold on 1 April that I will be writing my…

Markets European stocks hesitated yesterday to join Wall Street up to 2% higher but they catch a nice bid today. Equities in the region rise around 1% in what is otherwise a news-poor trading day. With the April 2 “Liberation Day” date approaching fast there’s an apparent increase in articles diving deeper in what US…

Gold price bounced on Tuesday after a double failure on important $3000 support signaled that shallow correction from new record high might be over. Persisting uncertainty over the magnitude of negative impact from looming US reciprocal tariffs on global economy and fragile geopolitical situation, keep strong safe haven demand. Investors are also concerned by signals…

Technical Analysis Current Policy Rate: 0.5% (Highest since 2008) Previous Hikes: March 2024: Exit from ultra-loose stimulus. July 2024: Rate increased to 0.25%. January 2025: Rate increased to 0.5%. Fundamental Factors Affecting the BOJ’s Decision Accommodative Financial Conditions Persist Policymakers acknowledged that interest rates remain negative, even after the latest hike. Further tightening remains an…