Dax Index had a strong bounce from Friday’s laws as it climbed all the way back to the key resistance area at 14,100. A daily close above this area should be bullish medium to long term because the Dax may have formed an ascending triangle. However, without such a break, […]
The silver price is in a tight range as traders wait for the outcome of Joe Biden’s $1.9 trillion stimulus package. The metal is trading at $26.60, which is slightly below last week’s high of $28.32. What happened: Silver traders are mostly focused on the ongoing stimulus deliberations in Washington. […]
Ethereum (ETH) and Polkadot (DOT) have grown to become two of the biggest blockchain projects in the world. This year alone, the Polkadot price has jumped by more than 360%, bringing its total market cap to more than $34.4 billion. In the same period, Ethereum price has gained by 120%, […]
The Barclays and Lloyds share prices have done well this year. The two have risen by 12% and 11%, respectively this year. The two banks, together with NatWest, HSBC, and Standard Chartered will be in the spotlight today as Rishi Sunak reads the UK budget. The background: Lloyds Bank is […]
The silver price is in a tight range as traders wait for the outcome of Joe Biden’s $1.9 trillion stimulus package. The metal is trading at $26.60, which is slightly below last week’s high of $28.32. What happened: Silver traders are mostly focused on the ongoing stimulus deliberations in Washington. […]
The USD/CAD pair is one of the hardest-hit pairs this 2021. The move higher in the crude oil price triggered a strong CAD reaction, and the USDCAD dropped several big figures. Now that the price of oil is consolidating and the USD shows some signs of strength, the USD/CAD struggles […]
Ethereum (ETH) and Polkadot (DOT) have grown to become two of the biggest blockchain projects in the world. This year alone, the Polkadot price has jumped by more than 360%, bringing its total market cap to more than $34.4 billion. In the same period, Ethereum price has gained by 120%, […]
The Elrond price is in a tight range today. EGLD price has dropped by more than 2% in the past 24 hours but is still up by 16% in the past 24 hours. This has brought its total market cap to more than $2.4 billion, making it the 39th biggest […]
Crude oil price was the star of the previous month as the bullish price action seen at the start of the year continued into February. The market reached $63 before dropping below the $60 level, a pivotal one. What is interesting here is that the market already reached in the […]
The Algorand (ALGO) price has been in a consolidation mode in the past few days. The token is trading at $1.1470, which is 38% below its recent high of $1.8535. It is also about 35% above the February 23rd low of $0.8345. The background: Algorand is a blockchain company that […]
Dax Index had a strong bounce from Friday’s laws as it climbed all the way back to the key resistance area at 14,100. A daily close above this area should be bullish medium to long term because the Dax may have formed an ascending triangle. However, without such a break, […]
The Barclays and Lloyds share prices have done well this year. The two have risen by 12% and 11%, respectively this year. The two banks, together with NatWest, HSBC, and Standard Chartered will be in the spotlight today as Rishi Sunak reads the UK budget. The background: Lloyds Bank is […]
The FTSE 100 is rising ahead of Rishi Sunak’s budget reading scheduled for later today. The Footsie is also rising because of the performance of UK gilts. What happened: Futures tied to the FTSE index are rising ahead of the budget reading. The highly-anticipated event will provide an outline for […]
The GBP/USD is wavering ahead of the UK services PMI numbers and annual budget reading. The GBP to USD pair is trading at 1.3953, where it has been in the past few hours. GBP/USD news: The biggest focus among sterling traders will be the UK budget by Rishi Sunak. In […]
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