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Analysis

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Weekly Market Wrap
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Traders Place Record Bets Against Oil: Could Prices Fall to $70?Traders placed record bets against oil on Tuesday. Volume in Brent put options topped 764,000 contracts, according to preliminary ICE Futures Europe data cited by Bloomberg.A put option pays off when
Author  Beincrypto
Sept 24, Thu
Traders placed record bets against oil on Tuesday. Volume in Brent put options topped 764,000 contracts, according to preliminary ICE Futures Europe data cited by Bloomberg.A put option pays off when
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Bitcoin Falls Below $84,000 as Hot US Data Sends Yields HigherBitcoin (BTC) fell below $84,000 on Wednesday after a surprise jump in US business activity sent Treasury yields higher.The drop came within about an hour of the data release. It reversed a morning ra
Author  Beincrypto
Sept 24, Thu
Bitcoin (BTC) fell below $84,000 on Wednesday after a surprise jump in US business activity sent Treasury yields higher.The drop came within about an hour of the data release. It reversed a morning ra
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Paramount Courts Elon Musk for Investment as Stock Nears Multi-Year LowsParamount Skydance has discussed bringing Elon Musk in as an equity investor, Semafor reported on Wednesday. Its stock, meanwhile, trades near its lowest levels in years.CEO David Ellison wants wealth
Author  Beincrypto
Sept 24, Thu
Paramount Skydance has discussed bringing Elon Musk in as an equity investor, Semafor reported on Wednesday. Its stock, meanwhile, trades near its lowest levels in years.CEO David Ellison wants wealth
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Treasury's 5-Year Auction Hits 20-Year Yield High: What This Means for BitcoinThe US Treasury paid its highest yield on a 5-year note since June 2006, a sign that demand for government debt is weakening even as yields stay elevated across the board.Rising yields raise borrowing
Author  Beincrypto
Sept 24, Thu
The US Treasury paid its highest yield on a 5-year note since June 2006, a sign that demand for government debt is weakening even as yields stay elevated across the board.Rising yields raise borrowing

Daily Ranking

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Trading Analysis

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Forex
Commodities
Indices
Shares
Crypto

WTI

Intraday

Intraday: up turn.

Our preference

long positions above 93.70 with targets at 96.50 & 98.00 in extension.

8 mins ago

EUR/USD

Intraday

Intraday: 1.1354 expected

Our preference

The downside prevails as long as 1.1396 is resistance, with 1.1354 and 1.1343 as targets

18 mins ago

Silver

Intraday

Intraday: Target 59.78

Our preference

The downside prevails as long as 62.31 is resistance, with 59.78 and 59.14 as targets

18 mins ago

Gold

Intraday

Intraday: Rebound or deeper decline ahead?

Our preference

The downside prevails as long as 4,200 is resistance, with 4,106 and 4,081 as targets

18 mins ago

USD/JPY

Intraday

Intraday: Pivot threshold in sight

Our preference

The downside prevails as long as 157.58 is resistance, with 156.00 and 155.74 as targets

18 mins ago

GBP/USD

Intraday

Intraday: Trend at a crossroads

Our preference

The upside prevails as long as 1.3241 is support, with 1.3305 and 1.3320 as targets

18 mins ago

Bitcoin

Intraday

Intraday: Decline at a crossroads

Our preference

The downside prevails as long as 85,541 is resistance, with 82,437 and 81,679 as targets

2 hours ago

Ethereum

Intraday

Intraday: On the edge of pivot level

Our preference

The downside prevails as long as 2,712 is resistance, with 2,598 and 2,572 as targets

2 hours ago

WTI

Intraday

Intraday: rebound expected.

Our preference

long positions above 92.80 with targets at 94.70 & 96.80 in extension.

2 hours ago

Silver

Intraday

Intraday: Watch 59.78

Our preference

The downside prevails as long as 62.31 is resistance, with 59.78 and 59.14 as targets

5 hours ago
Data Source: Trading Central*
Data Source: Trading Central*

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