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GBP/JPY Price Forecast: Sellers eye 214.00 after SMA break
The Pound Sterling collapses versus the Japanese Yen as growing “speculation” of an intervention in the FX markets witnessed the Yen appreciating versus most G8 FX currencies. The GBP/JPY trades with losses of more than 1.10%, at 214.08.
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Robinhood Chain hits record daily fee revenue, boosts Arbitrum
Robinhood Chain generated a record $3.75 million in daily fees on Tuesday, making it the third-highest of the day behind Uniswap (UNI) and Pons, according to data from DeFiLlama.
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USD/CHF Price Forecast: Bulls eye 0.8200 as RSI turns higher
The USD/CHF pair advances some 0.13% on Wednesday as the Greenback holds within familiar levels, after depreciating versus the Japanese Yen amid speculation of an intervention in the FX markets. This dragged the pair from around five-week highs to the 0.8120 area.
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MACD Stochastic Indicator MT4
The MACD Stochastic Indicator MT4 combines the logic of the Moving Average Convergence Divergence (MACD) and Stochastic Oscillator. Both measure momentum, but they approach the market differently. MACD generally compares two exponential moving averages. A common setup uses a 12-period EMA and a 26-period EMA, with a 9-period signal line. The basic calculation is: MACD […]
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Fed’s Beige Book shows modest economic growth as prices rise
The Federal Reserve (Fed) released its Beige Book on Wednesday, in which the US central bank stated that economic activity increased modestly since early July, while overall employment rose slightly. Regarding inflation, prices rose in eight districts.
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