Logo-color Logo-white

Market Picture The crypto market slowed down but continued to move upwards over the weekend, reaching $3.35 trillion. For the past few days, it has been trading in the region of the highs since early February. Ethereum and Dogecoin have been the stars of this movement, adding around 40% in seven days, although the former’s […]

The post Crypto Market Slows Down, Nearing a Top appeared first on Action Forex.

previous

Risk Assets Rise Following US-China Talks, Gold Slides, DAX Fresh Highs

next

Japanese Yen Tumbles to Five-Week Low on US-China Tariff Deal

Read More

09/04/2025

Crypto Market Has Returned to This Week’s Lows

Market Picture Crypto market capitalisation declined more than 2% in 24 hours to $2.46 trillion. As was the case at the beginning of the week, the intraday dip below $2.40 trillion attracted buyers. As is often the case, an important resistance level became support. From around these levels, we saw the start of the rally […]
26/06/2024

USDJPY Flirts With 160 Level Again

USDJPY trades with weak momentum slightly below critical 160 level Overbought conditions detected; sellers wait below 158.35-159.00 BoJ intervention is possible; US core PCE inflation due on Friday at 12:30 GMT Following a constructive week, USDJPY is now hovering just below its 34-year high of 160.20, having surpassed April’s limit of 158.34 and a crucial resistance […]
02/05/2025

Gold Wave Analysis

Gold: ⬇️ Sell Gold broke support zone Likely to fall to support level 3100.00 Gold recently broke the support zone between the support level 3270.00 (former low of wave a from the middle of April), upper trendline of the daily up channel from February and the 38.2% Fibonacci correction of the upward impulse from the […]