USDCAD Triangle Resistance Testing USDCAD is on the move once again, making a strong rise after the Bank of Canada’s anticipated rate cut last week. The price is currently testing the major trend line resistance of a triangle pattern on the daily chart, sparking speculation about a potential breakout. This could very well happen in…
The Rise of Cardano (ADA): A Price Forecast Introduction Cardano (ADA), one of the prominent players in the cryptocurrency space, is generating significant buzz with its ambitious price forecast. According to recent projections by Altcoin Daily, a popular crypto market show hosted by analysts Aaron and Austin Arnold, Cardano could see a monumental rally of…
Gold Price Shows Resilience Below 50-Day SMA Overview Gold price (XAU/USD) once again showed some resilience below the 50-day Simple Moving Average (SMA) on Friday and staged a modest recovery from the vicinity of over a two-week low touched the previous day. The move up followed the release of the US Personal Consumption Expenditures (PCE)…
Britain’s Public Finances: A State of Crisis The Shocking Truth Revealed Finance minister Rachel Reeves will on Monday claim Britain is “broke and broken” when she reveals the findings of an assessment into the country’s public finances ahead of a forthcoming budget. Reeves, appointed to the role following the centre-left Labour party’s landslide election victory…
Venezuelans Vote in Presidential Election A Chance for Change? On Sunday, Venezuelans across the country went to the polls to cast their votes in a pivotal presidential election that could have far-reaching consequences for the entire region. After more than a decade of President Nicolas Maduro’s controversial rule and with a staggering 80% of the…
So You Want to Invest in Bitcoin Mini Trust, Huh? What’s the Buzz About? Well folks, hold onto your hats because the SEC has officially given the green light for NYSE Arca to list and trade shares of the Grayscale Bitcoin Mini Trust. This new offering from Grayscale is said to come with some pretty…
External Affairs Minister S Jaishankar’s Talks with US Secretary of State Blinken Background External Affairs Minister S Jaishankar on Sunday held “wide-ranging” talks with his American counterpart Antony Blinken against the backdrop of an unease in India-US ties following Prime Minister Narendra Modi’s visit to Russia three weeks back. The discussion comes at a crucial…
Is Bitcoin Really in a Supercycle? A Playful Take on Alex Krüger’s Prediction Have you heard the latest buzz in the world of cryptocurrency? It seems that economist Alex Krüger is stirring up some excitement with his bold statement about Bitcoin and the crypto market. According to Krüger, we are currently in a supercycle, and…
