Page 22 - Moving Average News Today

The EUR/USD pair trades uneventfully just below the 1.0900 mark on Monday, confined to a limited range.

Spot Gold changed course after falling to $2,016.42 early in the American session and trades around $2,024, posting modest intraday losses.

Shifting focus to options, the Open Interest (OI) distribution for Bank Nifty Put options highlights the highest concentration at the 45,500 level, likely serving as a significant support level for the current expiry.

Bitcoin’s hash rate has dropped this week due to freezing temperatures in Texas. Meanwhile, the crypto market remains essentially unchanged.

The EUR/USD pair lost the 1.0900 threshold this last week as a souring market mood backed the US Dollar.

The EUR/USD pair trades little changed for a second consecutive day, changing hands at around 1.0880 ahead of the United States (US) opening.

Support for the S&P 500 is just below 4700, with stronger support at 4600.

Gold consolidates weekly losses, trading at around $2,015 a troy ounce.

The global crypto market did not record significant changes in the last 24 hours, as Bitcoin remained in the $42,000 range.

Bitcoin did not move much but clutched near the $42,800 mark, whereas Ethereum was comfortable above $2,550 levels amid the jittered sentiment for the digital token market.