Page 24 - Simple Moving Average News Today

Avalanche (AVAX) price has seen a tough second half of February with a price action characterized by lower highs and lower lows.

EUR/USD broke higher on Thursday, testing into its highest bids since the start of February before falling back into the 1.0800 region after European and US Purchasing Managers Index (PMI) figures softened or came in mixed on forecasts.

Advanced Micro Devices (AMD) stock surged 11% on Thursday on the heels of big brother Nvidia’s (NVDA) masterful Q4 release on Wednesday.

Gold price is looking to extend its winning streak into a fifth straight day on Wednesday, sitting close to the highest level in five days reached at $2,031 on Tuesday.

Gold price (XAU/USD) trades with a positive bias for the fifth successive day on Wednesday and is currently placed around the $2,030 level, or a one-week high touched the previous day.

The Japanese Yen (JPY) extends the sideways consolidative price move during the Asian session on Wednesday and remains confined in a one-week-old range against its American counterpart.

EUR/USD gained traction and climbed to its highest level since early February at 1.0840 on Tuesday.

Bitcoin was trading 0.3% lower at $51,814, while Ethereum was up 1.4% at $2,971. Meanwhile, the global cryptocurrency market cap fell 0.21% to around $1.97 trillion in the last 24 hours. Solana, Avalanche, Dogecoin, Polkadot, Toncoi, XRP, Internet Computer, and Shiba Inu fell up to 6%. While Ethereum and Tron surged up to 2%.

Rivian (RIVN) stock closed 2.5% lower on Tuesday, just one day before the upstart electric vehicle (EV) maker releases Q4 earnings after the close.

The US Dollar (USD) is in the red and flirts again with a break below 104 in the US Dollar Index (DXY). Although the US Dollar was stronger earlier in the European trading session, pressure is on with the EU issuing a new bloc of sanctions that