Page 126 - Technical Analysis News Today

The EUR/JPY is virtually unchanged during the North American session, after hitting a two day high of 164.40, though sellers dragged the exchange rate near the Tuesday open.

Bitcoin (BTC) price managed to recover above $70,000 after a steep fall to levels within the $62,000 range.

After shooting up above $79 early in Tuesday’s session, Trump Media & Technology Group (DJT) fell back below $58.

Litecoin (LTC) price shows strength as it attempts to recover last week’s losses.

USD/JPY is trading down almost a tenth of a percent in the 151.300s at the start of the new week.

EUR/USD is trading about a tenth of a percent higher at the start of the week, in the lower 1.0800s, possibly as a result of broad US Dollar (USD) selling after the People’s Bank of China (PBoC) fixed the Renminbi surprisingly higher on Monday morning, according to Bloomberg News.

Gold continues to retreat from the all-time high. What’s next?

NZD/USD continues its losing streak for the third successive session as the US Dollar (USD) falls on the dovish sentiment surrounding the Federal Reserve's stance on the trajectory of interest rates, with market sentiment leaning towards the Fed initiating interest rate cuts starting in June.

This week’s outlook will be interesting as altcoin bulls try to go against Bitcoin’s bears.

Bank of America strategists said the current bull market in stocks could stretch until 2033.