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Annual inflation came in at 3.4%, while core inflation stood at 2.5%, both in line with market expectations.
▫️ Market reactions varied: EUR/USD moved higher, Bitcoin faced selling pressure after an initial jump, while Gold rebounded from its daily low.
#CPI#Crypto $BTC $XAU
📊 The market's first move after major data releases isn't always the final move.
The initial reaction can be driven by high volatility and market excitement. It's often better to let the market digest the new information before making a decision.
#CPI#PPI $BTC $XAU
📊 U.S. CPI data will be released tomorrow.
The release could trigger significant volatility in the Dollar, Gold, Bitcoin, and other markets. As the release approaches, keep risk management and potential market volatility in mind.
⏰ Release Time: 12:30 UTC
$BTC #Crypto#CPI
🇦🇺🇺🇸 AUD/USD Analysis
Following the Reserve Bank of Australia's decision to hold interest rates at 4.35%, AUD/USD came under buying pressure as market uncertainty eased. The pair is currently trading around 0.7065.
Trading above EMA50 and EMA200 on the 1-hour timeframe indicates a bullish structure and continued buying pressure.
The 0.7090 level is the key resistance ahead. A break and close above this level could support further upside. On the downside, holding the key pivot at 0.7041 remains important. A break below it could open the way toward supports at 0.7006 and 0.6948.
⚠️ This content is for informational purposes only and does not constitute financial advice from Trendo.
#AUDUSD #Forex #Trading #CPI
@Cointelegraph From network halts to 30 months of 100% uptime, this is what real infrastructure maturity looks like for Web3 finance.
solana:So11111111111111111111111111111111111111112
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U.S. Treasury yields are a key indicator of market expectations for interest rates and financial conditions. Rising yields can support the Dollar and put pressure on non-yielding assets like Gold.
That's why U.S. Treasury Yields are an important variable to watch when assessing market conditions.
#Trading #US10Y #Markets
🛢️ US strategic oil reserves have fallen to their lowest level since 1983.
Data from the US Department of Energy shows the Strategic Petroleum Reserve remains at historically low levels, a key point for oil markets to watch.
#Oil#CrudeOil#Energy#OOTT
🚀 SpaceX $SPCX is trading back above its $135 IPO price.
The stock has gained 28.8% over the past three trading sessions, adding around $394 billion to its market value.
🛢️ Oil prices are moving higher: Crude Oil is up 4.12%, while Brent is up 3.9%.
The move comes as concerns around the Strait of Hormuz persist.
#Oil#OOTT#trading
📊 Fundamental or Technical Analysis?
Fundamental analysis focuses on news, economic data, and macro factors affecting the market. Technical analysis focuses on price action, trends, key levels, and market structure.
Each approach looks at the market from a different perspective.
💬 Which one do you prefer?
#Forex $BTC $XAU
3 things to check before opening a position:
📰 Major market news
📊 Market structure
⚖️ Position risk
A quick check before entering can help prevent impulsive decisions.
#Trading#Forex $BTC
⏳ A few hours until the markets open...
Before your first trade of the week, check the economic calendar, review key events, and define how much risk you're willing to take.
The market always offers opportunities. The key is not to enter without a plan.
#Forex#Trading $XAU