GBP/USD Continues Downward Trend Amid Trade Tensions GBP/USD continues its downward trend for the fourth consecutive day, trading near 1.2350 during Asian hours on Tuesday. The pair weakens amid escalating trade tensions after US President Donald Trump imposed a flat 25% tariff on steel and aluminum imports on Monday, removing all exemptions and nullifying previous…
XRP Price Analysis: Testing Resistance Levels Introduction XRP price recently tested the $2.280 zone and corrected some losses. Currently, the price is facing hurdles near the $2.50 and $2.60 levels. This article will analyze the current situation and potential outcomes for XRP investors. Technical Analysis After testing the $2.280 zone, XRP price experienced a slight…
Gold Prices Surge to Record Highs Amidst Global Trade War Fears XAU/USD Breaks Above $2,900 Mark Gold prices (XAU/USD) continue to climb higher, building on the previous day’s breakout momentum above the $2,900 round-figure mark. The precious metal has gained strong follow-through positive traction during the Asian session on Tuesday, reaching record highs in the…
Legal Expert Speculates on XRP’s Role in US Digital Asset Reserve Introduction Legal expert Jeremy Hogan recently presented a speculative argument about the potential role of XRP in the United States’ digital asset reserve. This suggestion comes at a time when discussions around the government’s potential involvement in cryptocurrency assets are gaining traction. Analysis Hogan’s…
I reiterate my bullish outlook on Energy Fuels at $5.19 Driven by favorable uranium market conditions and rising global demand for nuclear energy The uranium market is showing promising growth With term market prices up 14% in 2024, indicating increased utility contracts and future demand Energy Fuels (UUUU) has been on my radar for quite…
Welcome to the Bull Market Bonanza! Unstoppable Stock Market Surge Since Wall Street’s major stock indexes found their respective bottoms in October 2022, they’ve been virtually unstoppable. From Nov. 1, 2022 through the closing bell on Feb. 7, 2025, the ageless Dow Jones Industrial Average, broad-based S&P 500, and growth stock-propelled Nasdaq Composite have respectively…
Charmingly Eccentric: A Look into Porsche AG’s Profitability Decline Introduction When one thinks of Porsche AG, images of sleek sports cars zooming down the Autobahn often come to mind. Known for their high-performance vehicles and rich history in the automotive industry, Porsche has long been a symbol of luxury and excellence. However, recent developments suggest…
Crude Oil Rebounds From Support Level After US Employment Data Feeling the Ups and Downs of WTI Crude Oil As the market saw a rebound in WTI crude oil prices after the release of US employment data, investors are once again feeling the rollercoaster ride of the oil market. The support level held strong, providing…
