Ether breaks through key technical resistance Ether (ETH) has delivered a technically significant move this week, breaking through a well-established resistance zone and signalling a potential shift in its near-term trend. After several weeks of consolidation and repeated rejections at similar levels, the breakout marks a notable change in market structure and has strengthened the
Every trader starts somewhere. Before you think about charts, entries, exits, or technical tools, there is one thing that matters even more: building the right mindset and habits. That is exactly where the free “Attributes of a Successful Trader” course from investingLive Academy comes in. This course is more than just a free learning resource.
Indonesia’s central bank left its benchmark interest rates unchanged on Tuesday as policymakers focus on stabilizing the rupiah exchange rate amid worsening global conditions due to the war in the Middle East. The board of governors of Bank Indonesia decided to maintain the BI rate at 4.75 percent, as widely expected. Subscribe to continue reading
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
From a technical perspective, the FTSE 100 index is currently locked in a consolidation phase, attempting to establish a viable floor. The index is trading in a tight range centered around 10,310, as buyers and sellers battle for control. Immediate Resistance: The first hurdle for bulls sits at 10,470, which aligns with the 200-period Simple
Dollar edged higher today as fresh Iranian strikes on UAE energy infrastructure revived concerns over global oil supply, tempering the cautious optimism seen earlier in the week. While the move has not triggered a full risk-off shift, markets are clearly reassessing the durability of the recent stabilization in energy prices. Oil benchmarks reversed from Monday’s
The Reserve Bank of Australia lifted its benchmark rate for the second straight time as the conflict in the Middle East poses material risk to inflation. In a close call, the policy board, governed by Michele Bullock, decided to hike the cash rate target by 25 basis points to 4.10 percent. The decision was made
There is arguably just one to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1500 level. The downside push at the end of last week and early this week fell short of critically testing the 1.1400 level. And amid the turn in the risk mood yesterday,
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
Key takeaways Choppy price action amid conflicting drivers: The AUD/USD has turned volatile, with commodity strength providing support while rising risk aversion, driven by stagflation fears from the US–Iran war 2026, has capped gains, leading to a failed breakout above 0.7140. Hawkish RBA outlook offers medium-term support: Expectations that the Reserve Bank of Australia may
Earlier: — A new energy shock linked to the Middle East conflict is complicating the Federal Reserve’s path toward rate cuts. This via Nick Timiraos, Wall Street Journal (gated). In brief …. Summary: The Federal Reserve is confronting new inflation risks linked to the Middle East conflict, complicating expectations for rate cuts. The Fed’s preferred
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
Morgan Stanley expects the Fed to begin cutting rates in June but warns a surge in oil prices could lift U.S. recession risk. The Federal Reserve’s Federal Open Market Committee (FOMC) meet March 17 and 18. Summary: Morgan Stanley maintains its forecast that the Federal Reserve will begin cutting interest rates in June, with another
An Reserve Bank of Australia rate hike today is widely expected, but its not unanimous by any means. I’ve seen good arguments from those forecasting a ‘hawkish hold’. I expect the Bank will hike though: Statement due at 0330 GMT / 2330 US Eastern time, with Reserve Bank of Australia Governor Bullock speaking an hour
‘, buttonPrevHTML: ”, }; function adaptBreadcrumbs() { let breadcrumbs = document.querySelectorAll(‘#header-breadcrumbs’); for(i = 0; i < breadcrumbs.length; i++) { let title = breadcrumbs[i].querySelector(‘.breadcrumbs-title’); let btns = breadcrumbs[i].querySelector(‘.btn-container:last-child’); if(btns && btns.children && btns.children.length) { if(parseInt(title.getBoundingClientRect().top + title.getBoundingClientRect().height / 2) == parseInt(btns.getBoundingClientRect().top + btns.getBoundingClientRect().height / 2)) { title.style=”flex-grow:1;”; } else { title.style=”flex-grow:0;”; } } else { title.style=”flex-grow:1;”;
Export prices in South Korea were up 10.7 percent on year in February, the Bank of Korea said on Tuesday – accelerating from 7.8 percent in January. On a monthly basis, export prices rose 2.1 percent – easing from 4.0 percent a month earlier. Subscribe to continue reading the article. This article is part of
Metals have been responding very unusually to the latest and ongoing US-Iran-Israel conflict, initially spiking higher but failing to withstand the pressure that followed. What is bothering Metals, as with virtually all other assets on the Market except for Crude and its beloved Petrodollar, is that supply tensions in Energy are known for their long-lasting
