todays markets
market news
π₯dow pops more than 200 points on friday to cap the best week for stocks so far this year.
π§βπ€βπ§bitgo and copper combine crypto custody settlement networks.
πΌοΈopensea cuts half of employees as CEO announces new direction.
π§πΌββοΈcrypto trader avi eisenberg's $110M fraud trial delayed until april 2024.
π₯Άaave pauses V2 on ethereum, freezes certain assets on V3 due to reported issue
crypto fear and greed index
π market event to look out for (UTC times)
tuesday (7/11)
03:30 AUD - RBA interest rate decision - forecast: 4.35%
friday (10/11)
07:00 GBP - GDP (MoM) - forecast: -0.1%
around the X-verse⦠(formerly the twitterverse)
current state of the NFT market π«
stop longing the top π«¨β¦
is it time for $ETH now πβ¦
trade ideas
trade: short USD/ SGD
the USD/SGD currency pair, which had been consistently trading below the ~1.36 mark for the majority of 2023, experienced a breakout in september when it surged above this level.
the resistance turned into support and upheld the price until very recently. last week marked a change in this trend as the price decisively fell through the ~1.36 threshold, reverting to its prior trading range. this price action may lead to considering initiating a SHORT position from this level. the potential target could be set around the ~1.32 level, which is anticipated to act as a support level.
#NFA #DYOR
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