PCE cooled on July 31 and markets priced an 85% September rate cut probability. AUD/USD is at 0.70486 and gold at $4,405. Here is exactly how PCE moves Australian portfolios.
One US Inflation Number Is About to Change Everything for Australian Traders
Gold has climbed to a two-month high as traders assess the outlook for US inflation, interest rates and the dollar. Discover what could drive the next move in gold prices and whether the rally has room to continue.
Gold just hit a two-month high — can US inflation keep the rally alive?

Analysis

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SpaceX shares jumps 11% to about $148, putting the stock 10% above its IPO priceSpaceX (NASDAQ: SPCX) shares had a big Wednesday, jumping 11% and ending the session at around $148. That puts the stock well above where it started trading after its IPO. SpaceX is now sitting roughly 10% higher than its $135 IPO price and about 41% above the low it hit on Aug. 3. The stock...
Author  Beincrypto
7 hours ago
SpaceX (NASDAQ: SPCX) shares had a big Wednesday, jumping 11% and ending the session at around $148. That puts the stock well above where it started trading after its IPO. SpaceX is now sitting roughly 10% higher than its $135 IPO price and about 41% above the low it hit on Aug. 3. The stock...
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US Inflation Holds at 3.4%: Will Bitcoin Dodge a September Fed Hike?US inflation held at 3.4% in July, matching Wall Street forecasts, while core prices cooled to 2.5%. The in-line report keeps a September Federal Reserve rate hike a live coin flip for Bitcoin (BTC) t
Author  Beincrypto
7 hours ago
US inflation held at 3.4% in July, matching Wall Street forecasts, while core prices cooled to 2.5%. The in-line report keeps a September Federal Reserve rate hike a live coin flip for Bitcoin (BTC) t
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Solana Network Nearly Stopped Working Today. Should SOL Investors Worry?Solana (SOL) came within five percentage points of a full network halt on Wednesday morning. One routing glitch at one hosting company knocked 28.83% of all staked SOL offline in minutes.Almost nobody
Author  Beincrypto
7 hours ago
Solana (SOL) came within five percentage points of a full network halt on Wednesday morning. One routing glitch at one hosting company knocked 28.83% of all staked SOL offline in minutes.Almost nobody
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Gold Price Climbed After July Inflation Data, But Bitcoin Didn’t. Why?Fed rate hike fears collapsed on Wednesday after July inflation cooled to 3.4%. Gold climbed, crypto bounced, and a closely watched Bitcoin (BTC) bottom signal started flashing.One piece is still miss
Author  Beincrypto
7 hours ago
Fed rate hike fears collapsed on Wednesday after July inflation cooled to 3.4%. Gold climbed, crypto bounced, and a closely watched Bitcoin (BTC) bottom signal started flashing.One piece is still miss

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Trading Analysis

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WTI

Intraday

Intraday: the downside prevails.

Our preference

short positions below 83.50 with targets at 81.25 & 79.90 in extension.

1 mins ago

Gold

Intraday

Intraday: Target 4,337

Our preference

The downside prevails as long as 4,433 is resistance, with 4,337 and 4,315 as targets

14 mins ago

Silver

Intraday

Intraday: Key support level approaches

Our preference

The downside prevails as long as 66.36 is resistance, with 63.67 and 63.04 as targets

14 mins ago

USD/JPY

Intraday

Intraday: Pivotal moment

Our preference

The downside prevails as long as 159.57 is resistance, with 158.27 and 158.09 as targets

14 mins ago

EUR/USD

Intraday

Intraday: Watch 1.1497

Our preference

The downside prevails as long as 1.1546 is resistance, with 1.1497 and 1.1485 as targets

14 mins ago

GBP/USD

Intraday

Intraday: 1.3437 in sight

Our preference

The downside prevails as long as 1.3512 is resistance, with 1.3437 and 1.3417 as targets

14 mins ago

Bitcoin

Intraday

Intraday: On the edge of pivot level

Our preference

The downside prevails as long as 63,964 is resistance, with 62,673 and 62,351 as targets

26 mins ago

Ethereum

Intraday

Intraday: Watch 1,857

Our preference

The downside prevails as long as 1,907 is resistance, with 1,857 and 1,844 as targets

26 mins ago

USD/JPY

Intraday

Intraday: On the edge of pivot level

Our preference

The downside prevails as long as 159.57 is resistance, with 158.27 and 158.09 as targets

1 hour ago

EUR/USD

Intraday

Intraday: Aim at 1.1497

Our preference

The downside prevails as long as 1.1546 is resistance, with 1.1497 and 1.1485 as targets

1 hour ago
Data Source: Trading Central*
Data Source: Trading Central*

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