todays markets
market news
📰this week on crypto twitter: grayscale wins against SEC, SEC delays ETF applications
⛓️makerDAO should use solana’s code to build its new blockchain, co-founder says
💲traders are paying 2,000% to buy CYBER as social network's tokens soar
💗colorado DMV taps paypal to facilitate crypto payments for driver’s licenses, vehicle registrations, and other services
📊US dollar forecast: DXY poised to extend rally despite suggestions the fed may be done
🔊 market events to look out for (UTC times)
tuesday (5/9)
04:30 australia - RBA interest rate decision: forecast 4.1%
wednesday (6/9)
13:45 USA - S&P global services PMI (aug): forecast 51.0
14:00 USA - ISM non-manufacturing PMI (aug): forecast 52.5
thursday (7/9)
12:30 USA - initial jobless claims: forecast 235k
23:50 japan - GDP (QoQ): forecast 1.5%
saturday (9/9)
01:30 china - CPI (YoY): forecast 0.1%
around the X verse… (formerly the twittverse)
this can’t be good🙃…
depression setting in 😞…
now we’re fighting each other 🤦♂️…
…that’s one way out of a slump💰
trade ideas
trade: long WTI (oil)/ USD
oil has been showing strength and has finally broken out of previous resistance around ~83.5.
if you were looking for a good LONG entry, it could be favourable to be patient before initiating a trade. resistance can often turn into support after a breakout, with price returning back to that level. thus could be an optimal level to place a LONG with a target for the trade being resistance at ~93.8. #NFA #DYOR
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