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Market picture The crypto market cap has stabilised at $2.6 trillion after an impressive surge following the Ethereum rally. Among the top coins over 24 hours, Toncoin is leading the decline, falling 5%, while Dogecoin is leading the way with a 3.4% increase. Bitcoin is losing 1.9% in 24 hours to just below $70K, having […]

The post Bitcoin Waits for Ethereum Story to Develop appeared first on Action Forex.

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11/04/2024

Natural Gas Wave Analysis

Natural gas reversed from key resistance level 2.035 Likely to fall to support level 1.860 Natural gas recently reversed down from the key resistance level 2.035 (former strong support from the end of January and the monthly high from March). The downward reversal from the resistance level 2.035 stopped the previous minor impulse wave i. […]
12/08/2024

New Zealand Dollar Higher, Focus on RBNZ

The New Zealand dollar has started the week with gains. NZD/USD is trading at 0.6026 in the North American session, up 0.45% at the time of writing. Will the RBNZ lower rates this week? The Reserve Bank of New Zealand meets on Wednesday and it’s a live meeting as the decision is expected to be […]
18/06/2024

RBA More Alert and Less Certain in its Inflation Fight

The RBA left the cash rate on hold at 4.35%, but their rhetoric suggests the Board is more alert to upside inflation risks. Indeed, the RBA Board appears less certain that inflation is moderating as they’d like and there’s lingering concerns about persistent price pressures. The Reserve Bank left the cash rate unchanged at 4.35% […]