Market News

Ethereum price: inverted cup & handle points to a crash amid ETF outflows

Ethereum (ETH) price stabilized a bit on Sunday, rising to $1,600 from the Saturday low of $1,512. It remains 34% from its highest point in May, and 67% below its all-time high. It has also formed an inverted cup-and-handle pattern, pointing to more downside. Ethereum price technical analysis points to more downside The daily chart… Continue reading Ethereum price: inverted cup & handle points to a crash amid ETF outflows

Humanity, LUNC, Audiera, Toncoin prices jump: is this a dead-cat bounce?

Top cryptocurrencies rebounded on Sunday following a major crash over the past few days, as the US published strong non-farm payrolls (NFP) data. Humanity Protocol (H) token rose for three consecutive days, reaching a high of $0.7055, up by 30% from its lowest point this month. Its 24-hour volume rose to over $255 million. Terra… Continue reading Humanity, LUNC, Audiera, Toncoin prices jump: is this a dead-cat bounce?

Brent and WTI crude oil prices recoil as US-Iran talks stalls: what next?

Brent and West Texas Intermediate (WTI) crude oil benchmarks held steady on Hyperliquid on Sunday as investors watched the new developments on the ongoing US-Iran quagmire. WTI was trading at $91.7, while Brent was trading at $94.55.  Crude oil price in a tight range as US-Iran talks stall The energy market is in a tight… Continue reading Brent and WTI crude oil prices recoil as US-Iran talks stalls: what next?

QQQ, VOO, SPY ETFs are falling: Here’s why the stock market is crashing

Top US stock indices like the Nasdaq 100, S&P 500, and the Dow Jones are falling today, continuing a sell-off that started on Thursday. QQQ, which tracks the Nasdaq 100 Index, retreated to $708, down by 5.4% from its highest point this year.  Similarly, the VOO and SPY ETFs have dropped by nearly 3% from… Continue reading QQQ, VOO, SPY ETFs are falling: Here’s why the stock market is crashing

London Stock Exchange share price rare pattern points to a surge to 13,440p

The London Stock Exchange (LSEG) share price has pulled back in the past few weeks, moving from the April high of 10,120p to the current 9,162p. This retreat will likely be brief as the company’s fundamentals are still strong and it has slowly formed the bullish inverted head-and-shoulders pattern. London Stock Exchange shares are forming… Continue reading London Stock Exchange share price rare pattern points to a surge to 13,440p

Lloyds share price nears pivotal level: is the 3.64% dividend yield worth it?

Lloyds Bank (LON: LLOY) share price has moved sideways this year as concerns about its growth and the British economy have remained. It was trading at 100.50p on Friday, inside the range it has remained at in the past few months. So, is it a good stock to buy for investors as its dividend yield… Continue reading Lloyds share price nears pivotal level: is the 3.64% dividend yield worth it?

USD/KRW: Here’s why the South Korean won is falling as Kospi Index surges

The South Korean won continued its strong downward trend, reaching its lowest level since 2009, despite the ongoing Kospi Index surge. The USD/KRW exchange rate surged to 1,550, up sharply from the year-to-date low of 1,420.  South Korean won, and the Kospi divergence continues The South Korean won and the country’s stock market have diverged… Continue reading USD/KRW: Here’s why the South Korean won is falling as Kospi Index surges

Brent crude oil price forecast as the consolidation continues: will it rise or crash?

Brent crude oil price remains in a narrow range this week as investors watch the new developments in the ongoing US-Iran crisis. It was trading at $95.40 today, June 5, after Hezbollah rejected the new ceasefire agreement between Israel and Lebanon.  Odds of new fighting rise as Hezbollah rejects ceasefire Brent and the West Texas… Continue reading Brent crude oil price forecast as the consolidation continues: will it rise or crash?