Bitcoin in a Bull Market: Fundamental and Technical Factors Support Continued Upside
Bitcoin prices reached a new all-time high of $112,000 on May 22, 2025. The cryptocurrency has surged by approximately 40% since the low of $75,000 recorded on April 7, reaching current levels around $105,000 — signaling entry into a bull market. Since the beginning of the year, Bitcoin has gained around 13%, outperforming Ethereum, Ripple, […]
Will Oil Break Resistance? Markets Await the Next Move
Crude oil prices have been trading in a sideways range between $62 and $66.75 over the past month, currently hovering around the $65 mark. There are three notable peaks around the $66.75 resistance level, indicating that the sideways trend is likely to persist in the near term, especially amid the ongoing uncertainty surrounding the oil […]
Gold Prices Maintain Bullish Momentum Backed by Geopolitical and Technical Factors
Gold prices continue to rise for the fifth consecutive month. On April 22, gold hit a record high of $3,500 before pulling back to $3,121 on May 15, 2025—an 11% drop. However, prices rebounded today to $3,392, marking an 9% increase from the May 15 low. Since the beginning of the year, gold has gained […]
Overview of Last Week’s Key Economic Events
Last week witnessed the release of several major global economic indicators. In the United States, data showed a slowdown in some metrics, with the Core Personal Consumption Expenditures (PCE) Price Index rising by 2.5%, while the GDP contracted by 0.2%. Pending home sales and crude oil inventories declined, whereas consumer confidence increased. In Canada, the […]
Economic Data Drives NZD Higher Despite RBNZ Rate Cut
The Reserve Bank of New Zealand (RBNZ) cut interest rates by 25 basis points in its meeting yesterday, lowering the official cash rate from 3.50% to 3.25%, as widely expected. Despite the rate cut, the New Zealand dollar (NZD) has strengthened significantly. The NZD/USD pair has risen by about 3% since its low of 0.5846 […]
The USD/SEK pair continues its downward trend, recently recording 9.4641 — its lowest level since April 22, 2022.
The USD/SEK pair continues its downward trend, recently recording 9.4641 — its lowest level since April 22, 2022. The pair has dropped by approximately 16% from its January 13, 2025 peak of 11.3216 to the recent low. Since the beginning of the year, the pair has declined by nearly 13% and is currently trading around […]
Continued Volatility in U.S. Markets
Last week, U.S. stock indices saw a broad-based decline, with the S&P 500 falling by 2.61% and the Nasdaq 100 down 2.39%, following four consecutive weeks of gains. However, U.S. equity futures rose for the second consecutive day, driven by signs of easing trade tensions between the United States and the European Union. Former President […]
Brief Overview of Last Week’s Key Economic Events
Last week featured mixed economic data globally. In the United States, indicators showed notable improvement, with jobless claims declining, and new home sales and both manufacturing and services PMI rising, although existing home sales declined. In the Eurozone, inflation rates remained stable, while both manufacturing and services PMIs showed significant contraction. In the United Kingdom, […]
Bitcoin Hits New All-Time High at $112,000 Amid Growing Market Optimism
Bitcoin prices reached a new all-time high of $112,000 yesterday. The cryptocurrency has surged by approximately 50% since its April 7 low, confirming its entry into a bull market. Additionally, Bitcoin has gained about 19% year-to-date. Notably, the correlation between Bitcoin and the S&P 500 has dropped to its lowest level since last March, currently […]
Negative Momentum Pressures USD/JPY Amid Rising Geopolitical Concerns
The USD/JPY pair recorded a low of 143.14 today — its lowest level in two weeks — and is currently trading near the 143.50 mark. The pair has declined by around 9% year-to-date. Negative momentum appears to be dominating in the near term, driven by both fundamental and technical factors. Fundamental Factors: Flight to Safe-Haven […]
