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BTCUSD 1h
If you have just listened what I was saying about 2h ago, you could have pocketed about 2.000 pips on this one 😀
Still the target is at around 110 K, and might be reached even today.
But I am going to settle for waiting the close and asses it for tomorrow – don’t like rushing in late in the day.
Wix Down Over 12%, on Pace for Largest Percent Decrease Since February 2022
Wix Ltd. (WIX) is currently at $158.76, down $22.99 or 12.65%
· Would be lowest close since April 22, 2025, when it closed at $154.61
· On pace for largest percent decrease since Feb. 16, 2022, when it fell 23.06%
· Currently down four of the past five days
· Down 6.39% month-to-date
· Down 26.01% year-to-date
· Down 55.04% from its all-time closing high of $353.09 on Feb. 19, 2021
· Down 5.05% from 52 weeks ago (May 22, 2024), when it closed at $167.19
· Down 35.66% from its 52-week closing high of $246.76 on Jan. 28, 2025
· Up 8.37% from its 52-week closing low of $146.50 on April 21, 2025
· Traded as low as $156.98; lowest intraday level since April 22, 2025, when it hit $147.76
· Down 13.62% at today’s intraday low; largest intraday percent decrease since Feb. 16, 2022, when it fell as much as 29.51%
EURUSD 4 H
Support: 1.13150, 1.12950 & 1.12600
Resistances: 1.13650, 1.13850 & 1.14700
Next 4h are crucial for EUR to continue upwards – has to hold above 1.13150 to do so.
Just a dip below it won’t be important, but close would.
If it manages to close this bar above 1.13250 it would be indicative of next test up.
Sterling’s Rise After U.K. Inflation Data Could Prove Brief
Sterling is at risk of turning lower after receiving a boost from Wednesday’s higher-than-expected U.K. inflation data, Monex Europe analysts say in a note. The data showed consumer prices rose 3.5% year-on-year in April with services inflation accelerating as employer national insurance contributions rose. Markets are now only fully pricing in one further rate cut this year in November, LSEG data show. However, it’s worth noting some idiosyncratic components, specifically road tax, made large upside contributions to the data, the analysts say. “We are sticking with our call for two more cuts, suggesting some downside risks for sterling looking forward.” Sterling rises 0.1% to $1.3402 after earlier hitting a three-year high of $1.3469, according to FactSet.
Dollar drops as traders fret over Trump tax bill
Key points:· Trump failed to convince Republican holdouts who could block bill
· Bessent to talk currencies with Japanese counterpart on G7 sidelines
· “Sell America” investment theme continues to weigh on dollar
The dollar fell for a third day against a range of currencies on Wednesday, after U.S. President Donald Trump failed to convince Republican holdouts to back his sweeping tax bill.
Traders were also wary of U.S. officials potentially angling for a weaker dollar at Group of Seven finance minister meetings under way in Canada.
Developments in Trump’s global tariff war, which have swung currencies wildly in recent months, have slowed considerably this week, even as the clock ticks to the end of a 90-day tariff respite for U.S. trade partners in the absence of new deals.
While markets remain optimistic that the White House is eager to get trade flowing again on a sustained basis, talks with close allies Tokyo and Seoul appear to have lost momentum.
All this has combined to keep the dollar under pressure and U.S. Treasury yields rising, as the “sell America” theme continues to inform investment decisions, if in a less dramatic fashion than earlier this month.
A Moody’s downgrade of the U.S. sovereign debt rating on Friday may have had only a limited impact on markets, but it has added to the narrative of less faith in U.S. assets as safe havens. As a result, the dollar is down on the year against every major currency DXY.
DXY Chart
XAUUSD (GOLD) DAILY – What AT is saying
As noted yesterday…close above 2265 confirms a breakout targeting 3350-70 (3348-69)
High so far at 3317 enters an old opening week gap to 3325… break of this level would put 3350-70 on the radar…. If below 3325, then could see a pause but with a bid on dip bias as long as 3265+ trades
US equities turned lower in afternoon trading, with the S&P 500 falling 0.8% and on track to snap its six-day winning streak.
The Nasdaq slipped 0.9%, while the Dow Jones lost 250 points.
The pullback followed a recent rally driven by easing trade tensions and investor optimism surrounding President Trump’s proposed tax and tariff policies.
However, growing concerns that investor relief over cooling inflation and trade progress may be premature weighed on sentiment.
A selloff in big tech dragged the market lower, with Alphabet slipping during its Google I/O event and additional losses in Nvidia, Meta, Apple, and Microsoft.
Tesla stood out as a rare megacap gainer, rising 2% after Musk reaffirmed his commitment to remain CEO for the next five years.
Caution also grew amid mixed earnings from Home Depot and renewed warnings from JPMorgan and Fed officials, including St. Louis Fed President Alberto Musalem, who noted that tariffs could pressure the economy and inflation outlook.
Tesla Chart
NIO Inc.
And NIO disappoints once again….
It is going for 3.80 first and then 3.60 will be within the reach.
This doesn’t look good, as break below 3.60 would lead it towards 3.00 and then there are only Sub 2.00 levels waiting…
If something doesn’t happen – and fast to propel Nio back up, this is going to be an Irish story.
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