Page 46 - Simple Moving Average News Today

The retracement in the crypto market continues today with a 3.3% decline, moving the total market cap to $1.64 trillion.

Gold price (XAU/USD) comes under some renewed selling pressure on Wednesday, albeit lacks follow-through and remains confined in a multi-day-old trading range through the early European session.

The Japanese Yen (JPY) ticks higher following the previous day's good two-way price swings, albeit lacks bullish conviction and remains confined in a familiar range during the Asian session on Wednesday.

The EUR/USD drove back into the high side near 1.0930 on Wednesday after markets shrugged off a miss for pan-European Purchasing Managers Index (PMI) figures before a follow-up beat in US PMIs sent risk appetite skidding back into the safe havens.

The Canadian Dollar (CAD) fell on Wednesday, pushed lower across the FX market as the Loonie struggles under the weight of a dovish Bank of Canada (BoC) that is still extremely cautious on rate cuts with Canadian inflation not expected to return to the BoC’s 2% target until 2025.

The Mexican Peso regains its momentum on Wednesday, rising against the US Dollar after economic data from Mexico suggests inflation is reaccelerating.

Explore the Avalanche Price Prediction for 2023 to 2030, investment insights for long-term, strategic planning.

Bank of India Ltd, part of the PSU banking space, rallied nearly 40% to hit a fresh 52-week high last week. Short-term traders can look to buy the stock for a target of Rs 199 in the next 3 months. The stock has been making higher highs and higher lows for the past 4 weeks. It has broken out of a rounding bottom pattern on the monthly charts and breached the downward-sloping trendline resistance on the daily charts. The stock is now trading well above most of the crucial short- and long-term mov...

Gold price (XAU/USD) attracts some dip-buying during the Asian session on Tuesday and recovers a major part of the overnight modest losses.

The Bank of Japan (BoJ) will announce its monetary policy decision first thing Tuesday.