EUR/USD 1.09423
-0.992%
Gold 3036.33
-2.501%
Oil 62.471
-5.781%
USD/JPY 146.825
0.520%
GBP/USD 1.28724
-1.731%
GBP/JPY 189.004
-1.200%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Direct flights from Tehran, Iran to Doha, Qatar will be launched in July.On April 6, Saudi Arabias TASI index closed down 6.78%, hitting a new low in more than two years.On April 6, German Berenberg Bank said that due to the strong reaction of some US trading partners to the new tariffs and the widespread uncertainty, European economic sentiment in the second quarter may be worse than we previously expected. We lowered our forecast for real GDP growth in the euro area and the UK in the second quarter by 0.1 percentage point to 0.1% and 0.2% month-on-month respectively. This will lower our annual forecast for the euro area economy in 2025 to 0.9%, and our economic forecast for the UK in 2025 and 2026 to 0.9% and 1.3%, respectively.April 6, Germanys Berenberg Bank said that tariff uncertainty has not yet reached its peak. Trumps tariff shock has laid the foundation for negotiations. As long as the results of Trumps negotiations with various countries are unknown, companies around the world may hesitate to invest in the United States or its most affected trading partners. The failure of these negotiations may lead to rounds of tit-for-tat retaliation. Trump may also add new tariffs on specific industries, including medicines, which have so far been exempt from his reciprocal tariffs. We assume that in response to rising US inflation, economic turmoil and threats of retaliation, the United States will negotiate to cancel about half of its new tariffs on Europe by the end of the second quarter. Otherwise, the bank said it would have to further lower its forecasts for US and eurozone growth.The strong earthquake in Myanmar has killed 3,564 people, injured 5,012 people, and left 210 people missing.

DOGE Aims for $0.070 as Fed Fear Fades, as SHIB Advances

Daniel Rogers

Oct 27, 2022 15:25

截屏2022-10-27 下午3.14.38.png

 

Following a breakout session on Tuesday, DOGE and SHIB are rising this morning. Adoption and the acquisition of Twitter remain tailwinds. On Tuesday, dogecoin (DOGE) gained 6.04 percent. DOGE concluded the day at $0.06306, reversing a drop of 1.53% from Monday. Notably, this is the first time since October 6 that DOGE has reached $0.064 per coin.

 

Due to a mixed start to the day, DOGE dropped to a low of $0.05916. DOGE rocketed to a late-afternoon high of $0.06430 despite avoiding the First Major Support Level (S1) at $0.0585. DOGE surpassed the Major Resistance Levels before sliding through the Third Major Resistance Level (R3) at $0.0642 and closing the day below $0.0540.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Tuesday, Shiba inu coin (SHIB) appreciated by 2.82%. SHIB concluded the day at $0.00001021 after reversing a Monday loss of 2.36% Notably, SHIB reached the level of $0.00001040 for the first time since October 18.

 

After a volatile morning, SHIB dropped to a low of $0.00000982 by midday. SHIB rebounded to a late-afternoon high despite avoiding the First Major Support Level (S1) at $0.00000979. SHIB surpassed the First Major Resistance Level (R1) and the Second Major Resistance Level (R2) at $0.00001014 and $0.00001034, respectively. However, a negative session close caused SHIB to plummet below R2 and close the day at $0.00001021 per share.

 

There were no network changes to affect, leaving the pair subject to the crypto market as a whole. The change in mood towards Fed monetary policy led to a bullish trading day. The breakout was precipitated by dwindling expectations for a 75-basis-point Fed rate hike in December. However, Twitter (TWTR) acquisition updates continue to pique attention.

 

This week, DOGE rose due to rumors that Twitter is building a crypto wallet. Cryptocurrency adoption remains an important factor for investors to consider. Investors also anticipate that Elon Musk will promote crypto usage if the transaction goes through.

 

Wednesday's strong start was bolstered this morning by a further improvement in market risk appetite.


Suggestion