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FOREX CRUNCH
EUR/USD Forecast May 31-June 4 – Investors eye PMIs, inflation. EUR/USD was almost unchanged last week, as the pair ended the week just shy of the 1.22 line. There are. May 30, 2021. GBP/USD Forecast May 31-June 4 – PMI reports in focus. May 23, 2021. Forex Weekly Outlook May 24-28 – US, German GDP eyed.LIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
DOGECOIN PRICE PREDICTION: DOGE TO QUICKLY RECOVER RECENT Dogecoin price took investors by surprise as it crashed from $0.47 to hit a low of $0.20 within minutes. The sudden bearish impulse seems to be an overblown reaction to the recent cryptocurrency ban imposed by China. From a technical perspective, the spike in downward pressure pushed DOGE toward the 200 twelve-hour moving average. FOMC MINUTES: PARTICIPANTS AGREED ECONOMY IS STILL FAR FOMC Minutes: Participants agreed economy is still far from Fed’s goals. Minutes of the FOMC’s April 27-28 meeting revealed on Wednesday that participants generally noted that the economy remained far from the Committee’s maximum-employment and price-stability goals. Developing story. TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars.FOREX CRUNCH
EUR/USD Forecast May 31-June 4 – Investors eye PMIs, inflation. EUR/USD was almost unchanged last week, as the pair ended the week just shy of the 1.22 line. There are. May 30, 2021. GBP/USD Forecast May 31-June 4 – PMI reports in focus. May 23, 2021. Forex Weekly Outlook May 24-28 – US, German GDP eyed.LIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
DOGECOIN PRICE PREDICTION: DOGE TO QUICKLY RECOVER RECENT Dogecoin price took investors by surprise as it crashed from $0.47 to hit a low of $0.20 within minutes. The sudden bearish impulse seems to be an overblown reaction to the recent cryptocurrency ban imposed by China. From a technical perspective, the spike in downward pressure pushed DOGE toward the 200 twelve-hour moving average. FOMC MINUTES: PARTICIPANTS AGREED ECONOMY IS STILL FAR FOMC Minutes: Participants agreed economy is still far from Fed’s goals. Minutes of the FOMC’s April 27-28 meeting revealed on Wednesday that participants generally noted that the economy remained far from the Committee’s maximum-employment and price-stability goals. Developing story. TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. RBI: FY2021/22 GDP REVISED LOWER Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SAFEMOON PRICE PREDICTION: SAFEMOON MUST CRACK CRITICAL SafeMoon price should convert the 200 four-hour moving average that acts as resistance into support, which could lead to an upswing towards the channel’s upper boundary at $0.000010. If SAFEMOON manages to break this barrier, the digital asset will start a bullish rally of nearly 60%, reaching $0.000014. This target is determined bymeasuring
US DOLLAR INDEX TREADS WATER AROUND 90.00 Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. BITCOIN: THREE POSSIBLE ROADBLOCKS TO WIDESPREAD ADOPTION Bitcoin: Three possible roadblocks to widespread adoption – DBS Bank. One of the many digital assets under the umbrella term known as cryptocurrency, Bitcoin has become history’s most polarising asset after the tulip in the mania of the 1630s. Economists at DBS Bank try to gauge the obstacles in having exposure to such a novel asset class. EUR/USD KEEPS THE NEUTRAL OUTLOOK SO FAR FX Strategists noted EUR/USD’s outlook remains neutral for the time being. Key Quotes. 24-hour view: “EUR traded within a range of 32 pips (between 1.2162 and 1.2194) yesterday, its smallest 1-day range in about four months. Not surprisingly, momentum and other indicators are mostly ‘flat’. EUR/USD CLIMBS TO WEEKLY HIGHS BEYOND 1.2200 EUR/USD pushes higher and breaks above 1.2200. German 10-year yield plummet to 2-month lows near -0.26%. The dollar gains downside traction below 90.00. DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
FOREX CRUNCH
Forex Trading with a Personal Touch. Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for allinvestors.
EUR/USD GATHERS TRACTION AND APPROACHES 1.2200 EUR/USD’s upside picks up pace near the 1.2200 mark. German 10-year yields drop to 5-month lows around -0.23%. German trade surpluswidened to €15.9
FOREX CRUNCH
Forex Trading with a Personal Touch. SafeMoon price neutralized by technicals, leaves SAFEMOON craving FOMO; Cardano price plot thickens, ADA at risk of a 35% declineFOREX CRUNCH
EUR/USD Forecast May 31-June 4 – Investors eye PMIs, inflation. EUR/USD was almost unchanged last week, as the pair ended the week just shy of the 1.22 line. There are. May 30, 2021. GBP/USD Forecast May 31-June 4 – PMI reports in focus. May 23, 2021. Forex Weekly Outlook May 24-28 – US, German GDP eyed.LIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
DOGECOIN PRICE PREDICTION: DOGE TO QUICKLY RECOVER RECENT Dogecoin price took investors by surprise as it crashed from $0.47 to hit a low of $0.20 within minutes. The sudden bearish impulse seems to be an overblown reaction to the recent cryptocurrency ban imposed by China. From a technical perspective, the spike in downward pressure pushed DOGE toward the 200 twelve-hour moving average. FOMC MINUTES: PARTICIPANTS AGREED ECONOMY IS STILL FAR FOMC Minutes: Participants agreed economy is still far from Fed’s goals. Minutes of the FOMC’s April 27-28 meeting revealed on Wednesday that participants generally noted that the economy remained far from the Committee’s maximum-employment and price-stability goals. Developing story. TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars.FOREX CRUNCH
EUR/USD Forecast May 31-June 4 – Investors eye PMIs, inflation. EUR/USD was almost unchanged last week, as the pair ended the week just shy of the 1.22 line. There are. May 30, 2021. GBP/USD Forecast May 31-June 4 – PMI reports in focus. May 23, 2021. Forex Weekly Outlook May 24-28 – US, German GDP eyed.LIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
DOGECOIN PRICE PREDICTION: DOGE TO QUICKLY RECOVER RECENT Dogecoin price took investors by surprise as it crashed from $0.47 to hit a low of $0.20 within minutes. The sudden bearish impulse seems to be an overblown reaction to the recent cryptocurrency ban imposed by China. From a technical perspective, the spike in downward pressure pushed DOGE toward the 200 twelve-hour moving average. FOMC MINUTES: PARTICIPANTS AGREED ECONOMY IS STILL FAR FOMC Minutes: Participants agreed economy is still far from Fed’s goals. Minutes of the FOMC’s April 27-28 meeting revealed on Wednesday that participants generally noted that the economy remained far from the Committee’s maximum-employment and price-stability goals. Developing story. TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. RBI: FY2021/22 GDP REVISED LOWER Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SAFEMOON PRICE PREDICTION: SAFEMOON MUST CRACK CRITICAL SafeMoon price should convert the 200 four-hour moving average that acts as resistance into support, which could lead to an upswing towards the channel’s upper boundary at $0.000010. If SAFEMOON manages to break this barrier, the digital asset will start a bullish rally of nearly 60%, reaching $0.000014. This target is determined bymeasuring
US DOLLAR INDEX TREADS WATER AROUND 90.00 Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. BITCOIN: THREE POSSIBLE ROADBLOCKS TO WIDESPREAD ADOPTION Bitcoin: Three possible roadblocks to widespread adoption – DBS Bank. One of the many digital assets under the umbrella term known as cryptocurrency, Bitcoin has become history’s most polarising asset after the tulip in the mania of the 1630s. Economists at DBS Bank try to gauge the obstacles in having exposure to such a novel asset class. EUR/USD KEEPS THE NEUTRAL OUTLOOK SO FAR FX Strategists noted EUR/USD’s outlook remains neutral for the time being. Key Quotes. 24-hour view: “EUR traded within a range of 32 pips (between 1.2162 and 1.2194) yesterday, its smallest 1-day range in about four months. Not surprisingly, momentum and other indicators are mostly ‘flat’. EUR/USD CLIMBS TO WEEKLY HIGHS BEYOND 1.2200 EUR/USD pushes higher and breaks above 1.2200. German 10-year yield plummet to 2-month lows near -0.26%. The dollar gains downside traction below 90.00. DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
FOREX CRUNCH
Forex Trading with a Personal Touch. Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for allinvestors.
EUR/USD GATHERS TRACTION AND APPROACHES 1.2200 EUR/USD’s upside picks up pace near the 1.2200 mark. German 10-year yields drop to 5-month lows around -0.23%. German trade surpluswidened to €15.9
FOREX CRUNCH
Forex Trading with a Personal Touch. SafeMoon price neutralized by technicals, leaves SAFEMOON craving FOMO; Cardano price plot thickens, ADA at risk of a 35% decline FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Forex Weekly Outlook May 17-21 – Eurozone CPI, FOMC minutes eyed. US inflation jumped in April and this week’s CPI data from the eurozone and Canada is also expected to show. May 16, 2021. EUR/USD Forecast May 17-21 – Euro steady, Fed insists no change in policy. May 16, 2021. GBP/USD Forecast May 17-21 – Pound pushes to 1.41 asLIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. ETHEREUM CLASSIC PRICE PREDICTION: ETC GAINS THREATENED AS Ethereum Classic price crashed nearly 30% as the cryptocurrency market entered a selling spree. A combination of the 100 SMA at $75.45 and support barrier stretching from $72.31 to $81.67 provided a base for Wednesday’s crash. The downtrend scenario will go extinct if ETC produces a decisive close above $114.50. CARDANO PRICE PREDICTION: ADA GAINS TO DIMINISH AS 16% Cardano Price Prediction: ADA gains to diminish as 16% correction awaits. Cardano price shows signs of exhaustion as bullish momentum after surging 45% in less than five days. The sellers could trigger a 10% downtrend in ADA toward the resistance level at $1.47. Breakdown of $1.22 support floor will indicate a bearish onslaught and purge any FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Forex Weekly Outlook May 17-21 – Eurozone CPI, FOMC minutes eyed. US inflation jumped in April and this week’s CPI data from the eurozone and Canada is also expected to show. May 16, 2021. EUR/USD Forecast May 17-21 – Euro steady, Fed insists no change in policy. May 16, 2021. GBP/USD Forecast May 17-21 – Pound pushes to 1.41 asLIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. ETHEREUM CLASSIC PRICE PREDICTION: ETC GAINS THREATENED AS Ethereum Classic price crashed nearly 30% as the cryptocurrency market entered a selling spree. A combination of the 100 SMA at $75.45 and support barrier stretching from $72.31 to $81.67 provided a base for Wednesday’s crash. The downtrend scenario will go extinct if ETC produces a decisive close above $114.50. CARDANO PRICE PREDICTION: ADA GAINS TO DIMINISH AS 16% Cardano Price Prediction: ADA gains to diminish as 16% correction awaits. Cardano price shows signs of exhaustion as bullish momentum after surging 45% in less than five days. The sellers could trigger a 10% downtrend in ADA toward the resistance level at $1.47. Breakdown of $1.22 support floor will indicate a bearish onslaught and purge any US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come SUGAR NO LONGER IN A SWEET SPOT 14 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. ETHEREUM PRICE PREDICTION: ETH TARGETS $1600 ON A DAILY Ethereum’s daily chart shows that the price is flirting with the 100-day simple moving average (SMA), now at $2264, having failed to recapture the $2500 level. ETH/USD: Daily chart. It’s worth noting that the ETH bulls have been successful in defending the 100-day SMA support so far this week, despite the worst crash witnessed sinceMarch 2020.
GRAYSCALE BITCOIN TRUST PREMIUM RISES AS DEMAND AMONG Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. GBP/USD: THREE REASONS TO EXPECT POUND TO PLUNGE 21 hours ago · GBP/USD is pressured around 1.4150 – where will it go from here? After several sluggish sessions of range trading, there are three reasons to expect a slide in cable, according to FXStreet’s Analyst Yohay Elam. EUR/USD HAS ROOM TO EXTEND ITS GRADUAL DRIFT HIGHER 22 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SAFEMOON PRICE PREDICTION: SAFEMOON HINTS AT AN 18% 20 hours ago · SafeMoon price has swept the support level at $0.00000344 as bulls hint at a comeback. A decisive close above the said demand barrier will likely trigger an 18% upswing to $0.00000397. AUD/USD HOLDS ONTO MODEST DAILY LOSSES, REMAINS NEAR 0 13 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. BITCOIN PRICE FLASHES BUY SIGNAL BUT THE UPSIDE REMAINS 8 hours ago · Bitcoin price seems bound for a short-lived correction. A spike in selling pressure could push BTC to 30,000. If this support level holds, the flagship cryptocurrency could rebound to$42,000.
BOE'S HALDANE: UNCERTAINTIES ABOUT THE JOB MARKET REMAIN 15 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Forex Weekly Outlook May 17-21 – Eurozone CPI, FOMC minutes eyed. US inflation jumped in April and this week’s CPI data from the eurozone and Canada is also expected to show. May 16, 2021. EUR/USD Forecast May 17-21 – Euro steady, Fed insists no change in policy. May 16, 2021. GBP/USD Forecast May 17-21 – Pound pushes to 1.41 asLIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. ETHEREUM CLASSIC PRICE PREDICTION: ETC GAINS THREATENED AS Ethereum Classic price crashed nearly 30% as the cryptocurrency market entered a selling spree. A combination of the 100 SMA at $75.45 and support barrier stretching from $72.31 to $81.67 provided a base for Wednesday’s crash. The downtrend scenario will go extinct if ETC produces a decisive close above $114.50. CARDANO PRICE PREDICTION: ADA GAINS TO DIMINISH AS 16% Cardano Price Prediction: ADA gains to diminish as 16% correction awaits. Cardano price shows signs of exhaustion as bullish momentum after surging 45% in less than five days. The sellers could trigger a 10% downtrend in ADA toward the resistance level at $1.47. Breakdown of $1.22 support floor will indicate a bearish onslaught and purge any FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Forex Weekly Outlook May 17-21 – Eurozone CPI, FOMC minutes eyed. US inflation jumped in April and this week’s CPI data from the eurozone and Canada is also expected to show. May 16, 2021. EUR/USD Forecast May 17-21 – Euro steady, Fed insists no change in policy. May 16, 2021. GBP/USD Forecast May 17-21 – Pound pushes to 1.41 asLIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. ETHEREUM CLASSIC PRICE PREDICTION: ETC GAINS THREATENED AS Ethereum Classic price crashed nearly 30% as the cryptocurrency market entered a selling spree. A combination of the 100 SMA at $75.45 and support barrier stretching from $72.31 to $81.67 provided a base for Wednesday’s crash. The downtrend scenario will go extinct if ETC produces a decisive close above $114.50. CARDANO PRICE PREDICTION: ADA GAINS TO DIMINISH AS 16% Cardano Price Prediction: ADA gains to diminish as 16% correction awaits. Cardano price shows signs of exhaustion as bullish momentum after surging 45% in less than five days. The sellers could trigger a 10% downtrend in ADA toward the resistance level at $1.47. Breakdown of $1.22 support floor will indicate a bearish onslaught and purge any US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come CRUDE OIL FUTURES: CORRECTION SHORT-LIVED? 13 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. AUD/USD HOLDS ONTO MODEST DAILY LOSSES, REMAINS NEAR 0 3 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SUGAR NO LONGER IN A SWEET SPOT 4 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SAFEMOON PRICE PREDICTION: SAFEMOON MUST CRACK CRITICAL SafeMoon price should convert the 200 four-hour moving average that acts as resistance into support, which could lead to an upswing towards the channel’s upper boundary at $0.000010. If SAFEMOON manages to break this barrier, the digital asset will start a bullish rally of nearly 60%, reaching $0.000014. This target is determined bymeasuring
ETHEREUM PRICE PREDICTION: ETH TARGETS $1600 ON A DAILY Ethereum’s daily chart shows that the price is flirting with the 100-day simple moving average (SMA), now at $2264, having failed to recapture the $2500 level. ETH/USD: Daily chart. It’s worth noting that the ETH bulls have been successful in defending the 100-day SMA support so far this week, despite the worst crash witnessed sinceMarch 2020.
GBP/USD: THREE REASONS TO EXPECT POUND TO PLUNGE 11 hours ago · GBP/USD is pressured around 1.4150 – where will it go from here? After several sluggish sessions of range trading, there are three reasons to expect a slide in cable, according to FXStreet’s Analyst Yohay Elam. BOE'S HALDANE: UNCERTAINTIES ABOUT THE JOB MARKET REMAIN 5 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. EUR/JPY BOUNCES OFF RECENT LOWS, RETAKES 133.00 AND ABOVE 5 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.BASICS & INDUSTRY
Latest. AUD/USD holds onto modest daily losses, remains near 0.7730; NZD/USD extends decline to fresh daily low below 0.7200; Sugar no longer in a sweet spot – CE FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Forex Weekly Outlook May 17-21 – Eurozone CPI, FOMC minutes eyed. US inflation jumped in April and this week’s CPI data from the eurozone and Canada is also expected to show. May 16, 2021. EUR/USD Forecast May 17-21 – Euro steady, Fed insists no change in policy. May 16, 2021. GBP/USD Forecast May 17-21 – Pound pushes to 1.41 asLIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come EUR/USD STAYS RANGEBOUND AROUND 1.2170 3 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. BOE'S HALDANE: UNCERTAINTIES ABOUT THE JOB MARKET REMAIN 3 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Forex Weekly Outlook May 17-21 – Eurozone CPI, FOMC minutes eyed. US inflation jumped in April and this week’s CPI data from the eurozone and Canada is also expected to show. May 16, 2021. EUR/USD Forecast May 17-21 – Euro steady, Fed insists no change in policy. May 16, 2021. GBP/USD Forecast May 17-21 – Pound pushes to 1.41 asLIVE FOREX CALENDAR
Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.Read More.
CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. DOGECOIN PRICE FORECAST: DOGE BULLS APPROACH LAST LINE OF Dogecoin Price Forecast: DOGE bulls approach last line of defense. Dogecoin price is trading above a demand zone, extending from $0.224 to $0.289. If the bid orders pile up, DOGE could rally 37% to tag $0.40. A decisive close below $0.212 will invalidate the upswing narrative and kick-start a sell-off. Dogecoin price is fastapproaching a
SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon Price Forecast: SAFEMOON bounce misleads, risks remain to the downside. SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10% fee. SafeMoon price triggered thehead-and-shoulders
TOP SIX CRYPTOCURRENCIES UNDER $2 THAT OVERTAKE BITCOIN Dogecoin issues 5 billion new DOGE each year and currently has a total of 128 billion tokens, averaging around an annual increase of 3.9%. The cryptocurrency is trading at $0.49 at the time of writing and has a total of over $64 billion in market capitalization, ranking fifth among the top digital assets. DOGE is up by 20,457% over the pastyear.
DOGECOIN PRICE PREDICTION: DOGE POISED FOR AN EXPLOSIVE DOGE/USD daily chart. A new daily close below the April 16 high at $0.470 increases the probability that Dogecoin price shapes a more complex bottom at best or has effectively printed a significant high on May 8. To confirm a bearish outlook, Dogecoin price needs to close below the 61.8% retracement of the April-May rally at $0.371. BITCOIN: AN OPPORTUNITY THAT FIAT MONEY CANNOT BUY Bitcoin: An opportunity that fiat money cannot buy – DBS Bank. One would be hard-pressed to recall a comparable asset in financial history where valuation estimates were as vast as Bitcoin’s has been – ranging from nothing at all to the lofty millions of dollars. ETHEREUM CLASSIC PRICE PREDICTION: ETC GAINS THREATENED AS Ethereum Classic price crashed nearly 30% as the cryptocurrency market entered a selling spree. A combination of the 100 SMA at $75.45 and support barrier stretching from $72.31 to $81.67 provided a base for Wednesday’s crash. The downtrend scenario will go extinct if ETC produces a decisive close above $114.50. CARDANO PRICE PREDICTION: ADA GAINS TO DIMINISH AS 16% Cardano Price Prediction: ADA gains to diminish as 16% correction awaits. Cardano price shows signs of exhaustion as bullish momentum after surging 45% in less than five days. The sellers could trigger a 10% downtrend in ADA toward the resistance level at $1.47. Breakdown of $1.22 support floor will indicate a bearish onslaught and purge any US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES The PMI is forecast to climb to 62.9 in May, up marginally from 62.7. US Employment Report: Friday, 12:30. The market is projecting a strong NFP report for May, with an estimate of 621 thousand, compared to 266 thousand previously. The unemployment rate is expected to nudge lower to 5.9%, down from 6.1%. However, wage growth is forecast to come CRUDE OIL FUTURES: CORRECTION SHORT-LIVED? 12 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. US DOLLAR INDEX PRICE ANALYSIS: POTENTIAL CONSOLIDATION 6 hours ago · DXY failed to extend the recent bullish attempt beyond 90.60. The leg lower could re-test the May lows in the mid-89.00s. DXY trades unconvincingly above the key 90.00 barrier amidst rising cautiousness ahead of the release of US inflation figures on Thursday.. If the selling impulse picks up extra pace, then a re-test of the 90.00 mark should emerge on the horizon in the near-term. EUR/USD PRICE ANALYSIS: DOWNSIDE PRESSURE MITIGATED ABOVE 6 hours ago · EUR/USD meets weekly resistance in the 1.2200 area. Extra gains seen above the mid-1.2200s near-term. EUR/USD’s rebound seems to have met decent hurdle in the 1.2200 neighbourhood so far this week.. A move above the latter should expose the ETHEREUM PRICE PREDICTION: ETH TARGETS $1600 ON A DAILY Ethereum’s daily chart shows that the price is flirting with the 100-day simple moving average (SMA), now at $2264, having failed to recapture the $2500 level. ETH/USD: Daily chart. It’s worth noting that the ETH bulls have been successful in defending the 100-day SMA support so far this week, despite the worst crash witnessed sinceMarch 2020.
EUR/JPY PRICE ANALYSIS: FURTHER DOWNSIDE STILL ON THE 6 hours ago · EUR/JPY has so far met contention in the 132.90 region. Immediately to the downside comes in the 132.50 zone. EUR/JPY bounces off multi-day lows and retakes the key 133.00 yardstick and beyond on turnaround Tuesday.. If the selling pressure gathers extra steam, then the cross could attempt a deeper pullback to, initially, the weekly lows near 132.50 (May 24). SAFEMOON PRICE PREDICTION: SAFEMOON MUST CRACK CRITICAL SafeMoon price should convert the 200 four-hour moving average that acts as resistance into support, which could lead to an upswing towards the channel’s upper boundary at $0.000010. If SAFEMOON manages to break this barrier, the digital asset will start a bullish rally of nearly 60%, reaching $0.000014. This target is determined bymeasuring
BOE'S HALDANE: UNCERTAINTIES ABOUT THE JOB MARKET REMAIN 3 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. GBP/USD: THREE REASONS TO EXPECT POUND TO PLUNGE 10 hours ago · GBP/USD is pressured around 1.4150 – where will it go from here? After several sluggish sessions of range trading, there are three reasons to expect a slide in cable, according to FXStreet’s Analyst Yohay Elam. EUR/JPY BOUNCES OFF RECENT LOWS, RETAKES 133.00 AND ABOVE 4 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage ishigher.
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Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. OPEC’S BARKINDO: OIL STOCKS TO FALL FURTHER Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. US INFLATION EXPECTATIONS DROP TO THE LOWEST IN SIX WEEKS 2 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. USD/CAD PRICE ANALYSIS: BULLS LOOKING FOR AN UPSIDE 3 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10%fee.
UK LOCKDOWN LIFTING SET TO BE DELAYED BY FORTNIGHT 5 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. PRESIDENT'S INFRASTRUCTURE SPENDING PROPOSAL IN FOCUS 2 hours ago · Negotiations between the US president Joe Biden and Republicans on part of the president’s infrastructure spending proposal are ongoing. ”We expect failure, with Democrats moving on and using the reconciliation process to try to enact the president’s entire Build Back Better/tax hike plan. MATIC PRICE ANALYSIS: POLYGON BRACES FOR SHORT TERM 3 hours ago · MATIC price structure lacks clarity as it is no longer shaping a cup-with-handle base. Daily volume continues to run around 35% of the 50-day average, flagging a lack of FOREX CRUNCHTOOLSNEWSDAILYWEEKLY FORECASTSLIVE CALENDARSUBSCRIBE Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage ishigher.
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Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. CANADIAN DOLLAR FORECAST, USD/CAD TECHNICAL ANALYSIS The Canadian dollar was almost unchanged last week, as USD/CAD remained in 1.20-territory. There are four releases in the upcoming week, including GDP. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. OPEC’S BARKINDO: OIL STOCKS TO FALL FURTHER Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. US INFLATION EXPECTATIONS DROP TO THE LOWEST IN SIX WEEKS 2 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. USD/CAD PRICE ANALYSIS: BULLS LOOKING FOR AN UPSIDE 3 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. SAFEMOON PRICE FORECAST: SAFEMOON BOUNCE MISLEADS, RISKS SafeMoon price triggers irregular head-and-shoulders topping pattern. 4-hour Ichimoku Cloud remains a price magnet, containing price losses. SAFEMOON rewards long-term ownership by penalizing sellers with a 10%fee.
UK LOCKDOWN LIFTING SET TO BE DELAYED BY FORTNIGHT 5 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. PRESIDENT'S INFRASTRUCTURE SPENDING PROPOSAL IN FOCUS 2 hours ago · Negotiations between the US president Joe Biden and Republicans on part of the president’s infrastructure spending proposal are ongoing. ”We expect failure, with Democrats moving on and using the reconciliation process to try to enact the president’s entire Build Back Better/tax hike plan. MATIC PRICE ANALYSIS: POLYGON BRACES FOR SHORT TERM 3 hours ago · MATIC price structure lacks clarity as it is no longer shaping a cup-with-handle base. Daily volume continues to run around 35% of the 50-day average, flagging a lack of US DOLLAR FORECAST: MAJOR EVENTS MOVING CURRENCIES In the US, second-estimate GDP for the first quarter came in unchanged at 6.4%, confirming the initial reading. Unemployment claims fell to a new post-Covid low of 406 thousand, down from 444 thousand. The PCE index, the Fed’s preferred inflation gauge, jumped to 3.6% in April,up from 2.2%.
OPEC’S BARKINDO: OIL STOCKS TO FALL FURTHER Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. US INFLATION EXPECTATIONS DROP TO THE LOWEST IN SIX WEEKS 2 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. USD/CAD PRICE ANALYSIS: BULLS LOOKING FOR AN UPSIDE 3 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. PRESIDENT'S INFRASTRUCTURE SPENDING PROPOSAL IN FOCUS 2 hours ago · Negotiations between the US president Joe Biden and Republicans on part of the president’s infrastructure spending proposal are ongoing. ”We expect failure, with Democrats moving on and using the reconciliation process to try to enact the president’s entire Build Back Better/tax hike plan. USD/CAD HEADED TOWARDS THE HOURLY COUNTER TRENDLINE 9 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. MATIC PRICE ANALYSIS: POLYGON BRACES FOR SHORT TERM 3 hours ago · MATIC price structure lacks clarity as it is no longer shaping a cup-with-handle base. Daily volume continues to run around 35% of the 50-day average, flagging a lack of THREE POTENTIAL BEARISH CATALYSTS FOR SAFEMOON THIS WEEK 8 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. VECHAIN PRICE PREDICTION: VET DEATH CROSS WRITES A BEARISH 10 hours ago · Forex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex. OPTIONS TRADERS BET ON RETURN OF $100 OIL 5 hours ago · The Wall Street Journal (WSJ) came out with the news suggesting a bullish view of oil traders, per options market. The news reads, “Investors have scooped up call options tied to crude prices hitting milestone for the first time since gush of US oil in 2014.”Latest
* Silver New York Price Forecast: XAG/USD trades off 10-week highs * AUD/USD climbs to session tops, around 0.6475 amid notable USDsupply
* USD/CAD extends slide, drops below 1.4030 as WTI climbs totwo-month highs
* XRP/USD: Ripple’s solutions may increase the transparency within the banking system – CFPB * Gold Price Analysis: Eases from multi-year tops, still well bidabove $1750 level
* WH adviser Hassett: Administration ready to take more coronavirus spending action if needed * USD/INR New York Price Forecast: Greenback parked just below 76.00 figure vs. Indian rupee * EUR/GBP Price Analysis: Slides to session low near 0.8900 mark, downside seems limited__
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May 10, 2020__ 0
GBP/USD: BETTING ON BORIS AFTER BAILEY’S BAILOUT? UK GDP, US RETAIL SALES, AND VIRUS DECISIONS EYED GBP/USD been under pressure amid global fears yet received help from the BOE. Lockdown easing details, UK GDP and US retail…*
May 2, 2020 EURAUD On A Bearish Ride – Elliott wave analysis*
Mar 28, 2020 Elliott wave analysis: USD Index Eyeing 108.4/113.5 InYears to Come
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Mar 28, 2020 USDCAD Bulls Taking Charge – Elliott wave analysisMay 18, 2020__ 0
GBP/USD: A BREACH OF 1.20 ON THE CARDS N-TERM – MUFG The British pound is under pressure, as the pair slipped close to the 1.21 level last week. What is the…*
May 15, 2020 NZD: Liquidity-Inspired Bounces To Present Great Opportunities To Add To Shorts – Citi*
May 14, 2020 EUR: Next Shoe To Drop; Vulnerable To Deeper Correction Next Few Months – TD*
May 14, 2020 USD/JPY: Fair-Value Model Suggests USD/JPY To Pivot Around 107 Level; Targeting 109 In H2 – NABMay 17, 2020__ 0
FOREX WEEKLY OUTLOOK MAY 18-22 – WEAK GDP NUMBERS POINT TO SPUTTERING GLOBAL GROWTH Covid-19 has caused economic havoc across the globe. Although lockdown containment rules have started to ease, economic numbers, such as…*
May 17, 2020 EUR/USD Forecast May 18-22 – Investors Eye European PMIs, Consumer Inflation*
May 17, 2020 USD/JPY Forecast May 18-22 -Japan Likely in Recession;Will Yen Slide?
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May 17, 2020 GBP/USD Forecast May 18-22 – Decline in GDP SendsPound Reeling
May 17, 2020__ 0
AUD/USD FORECAST MAY 18-22 – AUSSIE SLIDES AFTER HUGE JOB LOSSES The Aussie sagged last week, as AUD/USD declined by 1.8 percent. The upcoming week has two events. Here is an outlook at…*
May 17, 2020 USD/CAD Forecast May 18-22 – Canadian Dollar Slides to1.41
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May 10, 2020 AUD/USD Forecast May 11-15 – Strong Retail Sales SendsAussie Higher
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May 9, 2020 USD/CAD Forecast May 11-15 – Canadian Dollar Breaks Below 1.40 as Canada, U.S. Post Dismal Job DataMay 10, 2020__ 0
AUD/USD: MORE UPSIDE? GLOBAL GLOOM COULD OVERWHELM EVEN ROBUSTAUSTRALIAN FIGURES
AUD/USD has held up yet failed to reach new highs amid global concerns. Sino-American relations, Australia’s jobs report and US…*
May 1, 2020 AUD/USD : Defeating coronavirus may be insuficient, RBA,NFP eyed
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May 1, 2020 GBP/USD: Ongoing UK lockdown, BOE, and NFP to determinenext moves
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Apr 21, 2020 EUR/USD not that far if EU leaders cannot agree oncoronabonds
FXStreet News
May 18, 2020__ 0
SILVER NEW YORK PRICE FORECAST: XAG/USD TRADES OFF 10-WEEK HIGHS XAG/USD runs to its highest since early-March. The level to beat for bulls is the 17.45 resistance. Silver four-hour…*
May 18, 2020 AUD/USD climbs to session tops, around 0.6475 amidnotable USD supply
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May 18, 2020 USD/CAD extends slide, drops below 1.4030 as WTI climbsto two-month highs
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May 18, 2020 Gold Price Analysis: Eases from multi-year tops, still well bid above $1750 levelCrypto News
May 18, 2020__ 0
XRP/USD: RIPPLE’S SOLUTIONS MAY INCREASE THE TRANSPARENCY WITHIN THE BANKING SYSTEM – CFPB Consumer Financial Protection Bureau mentioned Ripple and XRP in the latest report. XRP/USD is moving within a short-term bullish trend.…*
May 18, 2020 Bitcoin Price Analysis: BTC/USD bulls need a time-out before another assault at $10,000*
May 18, 2020 Cardano Price Analysis: ADA/USD may retreat to $0.0450 before another bullish wave*
May 18, 2020 Cryptocurrency Market Update: Business mogul Robert Kiyosaki more bullish on Bitcoin than goldMajors
May 17, 2020__ 0
FOREX WEEKLY OUTLOOK MAY 18-22 – WEAK GDP NUMBERS POINT TO SPUTTERING GLOBAL GROWTH Covid-19 has caused economic havoc across the globe. Although lockdown containment rules have started to ease, economic numbers, such as…*
May 17, 2020 EUR/USD Forecast May 18-22 – Investors Eye European PMIs, Consumer Inflation*
May 17, 2020 USD/JPY Forecast May 18-22 -Japan Likely in Recession;Will Yen Slide?
*
May 17, 2020 GBP/USD Forecast May 18-22 – Decline in GDP SendsPound Reeling
Minors
May 17, 2020__ 0
AUD/USD FORECAST MAY 18-22 – AUSSIE SLIDES AFTER HUGE JOB LOSSES The Aussie sagged last week, as AUD/USD declined by 1.8 percent. The upcoming week has two events. Here is an outlook at…*
May 17, 2020 USD/CAD Forecast May 18-22 – Canadian Dollar Slides to1.41
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May 10, 2020 AUD/USD Forecast May 11-15 – Strong Retail Sales SendsAussie Higher
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May 9, 2020 USD/CAD Forecast May 11-15 – Canadian Dollar Breaks Below 1.40 as Canada, U.S. Post Dismal Job DataMARKET MOVERS
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Feb 19, 2020__ 0
Stocks rises are mostly Fed-fueled but this is not QE – MM #189*
Jan 17, 2020__ 0
Is Europe dragging the global economy down? A virtual tour of theworld – MM #188
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May 10, 2020__ 0
AUD/USD: More upside? Global gloom could overwhelm even robustAustralian figures
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May 1, 2020__ 0
AUD/USD : Defeating coronavirus may be insuficient, RBA, NFP eyed*
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GBP/USD: Ongoing UK lockdown, BOE, and NFP to determine next moves*
Apr 21, 2020__ 0
EUR/USD not that far if EU leaders cannot agree on coronabonds*
Apr 21, 2020__ 0
GBP/USD End of the Boris bounce? Scary scenarios and hard data eyedINDUSTRY NEWS
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Apr 21, 2020__ 0
Scandinavian Capital Markets launches Scand.Ex – Traders Portal for Professional Traders*
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Feb 5, 2020__ 0
Scandinavian Capital Markets launches new Foreign Exchange trading service for Institutional TradersFOREX BASICS
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RECENT UPDATES
* Silver New York Price Forecast: XAG/USD trades off 10-week highs * AUD/USD climbs to session tops, around 0.6475 amid notable USDsupply
* USD/CAD extends slide, drops below 1.4030 as WTI climbs totwo-month highs
* XRP/USD: Ripple’s solutions may increase the transparency within the banking system – CFPB * Gold Price Analysis: Eases from multi-year tops, still well bidabove $1750 level
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DISCLAIMER
Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader's level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch's authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of suchinformation.
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