Logo-color Logo-white

Market Picture Crypto market capitalisation surpassed $3.3 trillion, up 3.8% in the last 24 hours. Ethereum (+7.4%), Solana (+7.5%), XRP (+24%), and Cardano (+9.6%) provided traction. The price of Bitcoin broke through $99K on Friday morning, continuing its steady assault on all-time highs. A strong inflow of capital into spot BTC ETFs is fuelling the […]

The post Crypto Market Buzzing in Anticipation of Regulatory Change appeared first on Action Forex.

previous

AUDUSD Rangebound in Quiet Trading

next

USDCAD Trades Higher, Bounces Off a Key Trendline

Read More

10/05/2024

USD/JPY – Upsides Could Be Capped Near 156.50

Key Highlights USD/JPY started a recovery wave above the 154.00 resistance. A major bearish trend line is forming with resistance at 156.50 on the 4-hour chart. EUR/USD could aim for a steady increase if it clears 1.0820. Oil prices are facing many hurdles near $80.80 and $81.80. USD/JPY Technical Analysis The US Dollar found support […]
01/12/2023

WTI Oil Technical: Positive Elements Intact Ex-post OPEC+

Earlier rally in WTI crude oil fizzled out ex-post OPEC+ meeting due to uncertainty over 2024 oil supply cut commitments from members. The strongest commitment came from Saudi Arabia where it will extend its its voluntary 1 million barrels per day supply through Q1 2024 while Angola has decided to go against its newly reduced […]
02/09/2024

WTI Outlook: Oil Prices Remain Under Pressure on Demand Concerns, OPEC Production Increase

Oil price fell further in early Monday, in extension of Friday’s 3% drop (the biggest daily loss since Aug 14). The sentiment weakened further on renewed concerns about demand from the US and China, partial reopening of Libya’s oil installation and decision from OPEC to increase production by 180,000 barrels per day in October, partially […]