Neon-Tiger

Neon-Tiger Updated 

During European trading hours on Friday (September 27), sterling/dollar traded cautiously ahead of the release of US economic data. Sentiment depends on inflation data and consumer spending results. The pound is trading cautiously ahead of the CBI's realised sales data, which is expected to show a smaller contraction at -17 compared to -27 last...

Neon-Tiger Updated 

I think Bitcoin (BTC) is about to start a bullish breakout. Bitcoin appears to form two bullish continuation patterns in the weekly time frame. But Bitcoin needs to break above the diagonal resistance level of $65,000 to confirm a pattern breakout. I think the last line of defense for bitcoin bears is hovering around $73,000. Let's hope everyone sees the price...

Neon-Tiger Updated 

At present, gold is basically maintained at 2670-50 rectification, and many people feel that gold is gathering momentum, waiting to continue to hit new highs. From the current trend, gold is indeed very strong, and it has indeed touched around 2670 again until now. From the hourly chart here, if gold breaks again above 2670, then it will directly touch near 2680,...

Neon-Tiger Updated 

Crude oil prices rose on the back of US PMI data. European PMI data showed a sharp decline in activity in the region's services and manufacturing sectors. The dollar index strengthened on Monday as European investors piled into the safe-haven asset. Crude oil from the daily chart level, the medium-term trend fell to a low of 65.50, and then gained support for a...

Neon-Tiger Updated 

The risk-sensitive pound benefited from the rally in equities, with GBP/USD rising to 1.3381. The level of 1.3367 is the highest since early March 2022 (Monday's low was 1.3249, before the UK PMI). The Nikkei hit a three-week closing high; DAX index futures hit a record high. The bull trend in GBP/USD continues to develop, making new highs almost every day since...

Neon-Tiger Updated 

Yesterday, the gold market is not very big, after the opening of the morning to fall down near 2615, ushered in a short pull up, a new high 2632 line after the fall; During the European session, it stabilized after testing the intra-day low again, rose twice during the American session, and broke a new high to $2634 again, and fell in the end; In general,...

Neon-Tiger Updated 

In this pattern of breaking highs every day, we can not find reasons not to do more, the price is not high in the dictionary of the market is not limited, do more is to see the continuous rise of the positive line, short is to see the negative line continuously, highs and lows move down or sharply down, short is not to rely on speculation! Gold impact near 2670...

Neon-Tiger Updated 

A number of factors, from macroeconomic changes to shifts in market sentiment, have come together to drive this wave of Bitcoin's rise. Here are what I think are the five key reasons behind Bitcoin's latest rally: Rate cuts and inflation hedges The Federal Reserve's recent 50 basis point cut in interest rates impacted the market, with Bitcoin benefiting from a...