Market Overview The crypto market has lost around 3.5%, falling to a market capitalisation of $2.44 trillion and sharply breaking through the local support level seen in recent weeks. Technically, this is a worrying sign, as the market has fallen below the 50-day moving average, which could herald further sell-offs. The nearest potential stop is…
US durable goods orders posted much stronger-than-expected growth in April, highlighting continued resilience in business investment and manufacturing demand despite elevated interest rates and growing inflation concerns. Headline durable goods orders jumped 7.9% mom to USD 346.0B, far above expectations for a 3.3% mom increase. The sharp gain was led by transportation equipment orders, which…
US initial jobless claims rose by 5k to 215k in the week ending May 23, coming in slightly above expectations of 210k. The four-week moving average of initial claims also climbed to 209k. Continuing claims increased by 15k to 1.786m in the week ending May 16, while the four-week moving average rose to 1.773m. The…
DELHI, IN / ACCESS Newswire / May 28, 2026 / The Indian trading market is making a significant transition in the year 2026. As years passed, more and more Indian traders began to look into other trading venues like the global ones like Forex and Spot Gold (XAU/USD). This change is not just about looking…
Dollar weakened broadly in early US trading today, though price action remained largely rangebound against most major currencies as markets struggled to find a decisive macro direction. Elevated Treasury yields, with the US 10-year yield holding near 4.5%, continued offering support to the greenback even as softer-than-expected monthly PCE inflation data eased immediate fears of…
BTCUSD fell to the lowest in six weeks on Thursday, with daily loss of over 3% seen on acceleration of the bear-leg that extends into third consecutive day. Fresh rise in oil prices on renewed tensions in the Middle East, was mainly behind today’s drop, which cracked 100DMA (73017) and pressured next significant support at…
Measured across the full month with the daily rollover excluded, the Edge account averaged 0.04 pips on the majors, level with the best in the field. Rodney Village, Saint Lucia–(Newsfile Corp. – May 28, 2026) – TabTrade (tabtrade.com), a global forex and CFD broker with zero average spreads on major forex pairs, today pointed to…
The market’s faith in an imminent US-Iran peace breakthrough has clearly weakened today — but it has not disappeared yet. Oil prices jumped again in after fresh military escalation around the Strait of Hormuz reignited fears of prolonged supply disruptions across the Gulf. Brent crude pushed back toward the mid-$90s after new U.S. strikes inside…
Key takeaways Gold (XAU/USD) has broken below its 200-day moving average for the first time in three months, increasing the risk of a fresh bearish impulsive decline within its broader medium-term downtrend. Rising US Treasury real yields continue to pressure gold prices, with the 10-year real yield staging a major bullish breakout toward multi-month highs,…
Nikkei Futures (NKD) continues to demonstrate remarkable strength as it extends into new all‑time highs, reinforcing the bullish sequence that began from the March 23, 2026 low. This upward momentum favors additional gains in the near term. From the March 23 low, wave 1 concluded at 63,880, followed by a corrective pullback in wave 2…