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Coinbase (COIN) Shares Reach All-Time High | Market Pulse
According to the chart of Coinbase Global (COIN), the share price of the cryptocurrency exchange has reached a historical all-time high (closing price). The bullish sentiment has been supported by the following factors: → Bitcoin price rally. Yesterday, we analysed the BTC/USD chart and anticipated that bulls might attempt to
Nvidia Market Capitalisation Reaches $4 Trillion | Market Pulse
Yesterday, Nvidia’s (NVDA) share price surpassed $162 for the first time in history. As a result, the company’s market capitalisation briefly exceeded $4 trillion during intraday trading (according to CNBC), making Nvidia the first publicly listed company to reach this milestone. The rise in NVDA’s share price
Bitcoin Price Eyes New All-Time High | Market Pulse
Yesterday, the price of Bitcoin rose by over 2%, surpassing its June high. Several cryptocurrency platforms were quick to report that the BTC/USD pair had reached a new all-time high. Even if so, this morning’s slight pullback indicates a correction from yesterday’s peak. Among the factors fuelling
EUR/JPY Hits 12-Month High | Market Pulse
As the chart indicates, the EUR/JPY pair has risen above ¥172 per euro — a level last seen in July 2024. Since early June, the exchange rate has increased by approximately 5.6%. This upward movement is driven by a combination of factors, including: → Divergence in central bank policy: The
Yen Under Pressure: Threat of New Tariffs from the US | Market Pulse
The Japanese yen has come under pressure following reports of a potential reinstatement of trade tariffs by the United States. The USD/JPY and GBP/JPY currency pairs are exhibiting strong upward momentum as market participants assess the possible implications of Washington's escalating trade rhetoric for the Japanese currency. According
Market Analysis: AUD/USD Attempts Fresh Climb as NZD/USD Slips | Market Pulse
AUD/USD is attempting a fresh increase from the 0.6485 support. NZD/USD is struggling and might decline below the 0.5980 level. Important Takeaways for AUD/USD and NZD/USD Analysis Today * The Aussie Dollar found support at 0.6485 and recovered against the US Dollar. * There is
Tesla (TSLA) Leads Declines in the Equity Market | Market Pulse
Yesterday, President Trump announced that letters had been sent to the United States’ trading partners regarding the imposition of new tariffs — for instance, a 25% tariff on goods from Japan and South Korea. This marks a return to “trade diplomacy” under the America First strategy. The tariffs are scheduled to
Australian Dollar Strengthens Following RBA Decision | Market Pulse
Today, the AUD/USD pair experienced a spike in volatility. According to ForexFactory, analysts had forecast that the Reserve Bank of Australia (RBA) would cut interest rates from 3.85% to 3.60%. However, the market was caught off guard as the central bank opted to keep rates unchanged. The
Nasdaq 100: Bearish Signals Near the All-Time High | Market Pulse
As the 4-hour chart of the Nasdaq 100 (US Tech 100 mini on FXOpen) shows, the index reached a new all-time high last week. However, the price action suggests that the current pace of growth may not last. Last week’s strong labour market data triggered a significant bullish impulse.
EUR/USD Analysis: US Dollar Strengthens at the Start of the Week | Market Pulse
On 2 July, on the EUR/USD chart, we noted that the rally—during which the pair had gained more than 6% since mid-May—was under threat, citing several technical signals, including: → proximity of the price to the upper boundary of the ascending channel; → overbought conditions on the RSI indicator;
Market Analysis: GBP/USD Dips as EUR/GBP Accelerates Higher | Market Pulse
GBP/USD failed to climb above 1.3800 and corrected some gains. EUR/GBP is rising and might climb above the 0.8670 resistance. Important Takeaways for GBP/USD and EUR/GBP Analysis Today * The British Pound is showing bearish signs below the 1.3700 support against the US dollar.
S&P 500 Hit Record High Ahead of Holiday Break | Market Pulse
Today, financial markets in the United States are closed in observance of Independence Day. Investor sentiment was likely buoyed by the latest rally in the S&P 500 index (US SPX 500 mini on FXOpen), which set a new all-time high yesterday, surpassing 6,280. The bullish momentum has been
Renewed Feud Between Musk and Trump Drags Tesla (TSLA) Share Price Lower | Market Pulse
The US Senate yesterday narrowly approved Trump’s so-called “big, beautiful budget bill.” Elon Musk, who had previously criticised the bill for potentially adding $3.3 trillion to the national debt, warned that Republican lawmakers who supported it would face political consequences. In a post on X, Musk wrote: “Every
EUR/USD Analysis: Rally May Be Under Threat | Market Pulse
The euro has appreciated by approximately 15% against the US dollar this year, as confidence in the United States continues to wane. As ECB Chief Economist Philip Lane noted in an interview at CNBC: “There is a degree of reorientation by global investors towards the euro.” At the same time,
The Market Consolidates Ahead of US Job Data | Market Pulse
After a volatile start to the week, the British pound has stabilised, with the GBP/USD and GBP/CAD pairs entering a consolidation phase. Investors are locking in profits following a recent bullish surge, as they await the release of key US labour market data, which could determine the direction
Nvidia (NVDA) Share Price Soars to Record High | Market Pulse
Yesterday, Nvidia’s (NVDA) share price surged by over 4%, with the following key developments: → It broke through the psychological $150 per share level; → It reached a new all-time high; → It also contributed to the Nasdaq 100 index hitting a record peak, as we reported earlier this morning. As a
Markets Consolidate Ahead of Key Economic Data from the US and Canada | Market Pulse
Currency markets are showing restrained movement, with USD/CAD and AUD/USD pairs remaining in a consolidation phase amid rising geopolitical tensions and anticipation of key economic data releases from the US and Canada. Investors are opting for a wait-and-see approach ahead of inflation data and consumer activity reports that
Nasdaq 100: A New All-Time High | Market Pulse
As shown on the Nasdaq 100 chart (US Tech 100 mini on FXOpen), the value of the technology stock index has risen above its February peak, setting a new historical high. Bullish sentiment may be supported by: → Easing concerns over potential US involvement in a Middle East war, as the
Oil Price Falls Below Pre-Escalation Levels of Middle East Conflict | Market Pulse
According to the XBR/USD chart: → Prior to Israel’s airstrikes on Iran on 13 June, the price of Brent crude was hovering around the $69.00 mark; → Following US bombings in Iran, the price spiked at the Monday market open, reaching a high of approximately $77.77 (as we
Coinbase (COIN) Shares Hit Year-to-Date High | Market Pulse
As we reported six days ago, shares of Coinbase Global (COIN) received a strong bullish boost after the US Senate approved the GENIUS bill, which sets out regulations for the use of stablecoins. As the Coinbase Global (COIN) stock chart shows, the rally is ongoing. Yesterday, the price surged by
The Yen and Euro Strengthen Ahead of Jerome Powell's Speech | Market Pulse
The dollar continues to lose ground against the yen and euro amid an adjustment in market expectations ahead of today's speech by Federal Reserve Chair Jerome Powell. Market participants are expecting the Chair to comment on the outlook for interest rates and inflationary pressures in the United States. An additional
Market Analysis: AUD/USD & NZD/USD Show Bullish Hints, Can Gains Be Sustained? | Market Pulse
AUD/USD started a decent increase above the 0.6440 and 0.6465 levels. NZD/USD is also rising and might aim for more gains above 0.6040. Important Takeaways for AUD/USD and NZD/USD Analysis Today * The Aussie Dollar rebounded after forming a base above the 0.6370
Stock Markets Rebound Following Trump’s Ceasefire Announcement | Market Pulse
Last night, U.S. President Donald Trump made a social media post announcing a ceasefire agreement between Iran and Israel. According to his own words, the ceasefire is set to last “forever.” This announcement triggered a sharp bullish impulse (indicated by the blue arrow) on the S&P 500 index
Launch of Robotaxi Service Boosts Tesla (TSLA) Share Price by Over 8% | Market Pulse
As previously announced by Elon Musk, Tesla has launched its robotaxi service in Austin, Texas. The cost of a ride is $4.20. The service is not yet fully operational. It is more of an extended testing phase, as access is currently by invitation only, and a Tesla employee may
Market Analysis: GBP/USD Dips Below Support, USD/CAD Breaks Higher | Market Pulse
GBP/USD started a fresh decline below the 1.3620 zone. USD/CAD is rising and might aim for more gains above the 1.3765 resistance. Important Takeaways for GBP/USD and USD/CAD Analysis Today * The British Pound started another decline from the 1.3620 resistance zone. * There was
Oil Price Surges at Monday Open Amid US Strikes on Iran | Market Pulse
As shown on the XBR/USD chart, the Brent crude oil price formed a bullish gap at the opening of financial markets this Monday, surpassing last week’s high. Only three days ago, we drew attention to Donald Trump’s statement that a decision regarding US involvement in the Iran-Israel
Bitcoin Price Tests the $100k Level for Resilience | Market Pulse
The Israeli attack on Iran on 13 June, followed by retaliatory strikes and belligerent rhetoric from officials, has acted as a bearish driver for the cryptocurrency market. US bomber strikes on Iran over the weekend further worsened the situation for coin holders. Over the weekend, the price of Bitcoin fell
Mastercard (MA) and Visa (V) Shares Decline Due to Stablecoin Bill | Market Pulse
Yesterday, we reported that the US Senate had passed the GENIUS stablecoin bill, which establishes a legal framework for regulating the stablecoin market. This development led to a sharp rise in the share price of cryptocurrency exchange Coinbase (COIN), while simultaneously putting pressure on Mastercard (MA) and Visa (V) shares.
XBR/USD Chart Analysis: Oil Price Falls After Trump’s Decision | Market Pulse
As shown on the XBR/USD chart, the price of Brent crude oil has pulled back from yesterday’s 4.5-month high following a statement from the White House that President Donald Trump will make a decision within the next two weeks on whether the United States will take part
Silver Price Retreats from 2012 Highs | Market Pulse
As shown on the XAG/USD chart, the price of silver climbed above $37 per ounce yesterday — a level not seen since 2012. However, this morning, the price has dropped by approximately 2.5% from yesterday’s peak. The bullish driver behind the rally has been fears that the US
Coinbase (COIN) Shares Rise Following Stablecoin Legislation Approval | Market Pulse
Shares in Coinbase Global (COIN) surged by 11% yesterday, making the company the top performer in the S&P 500 index (US SPX 500 mini on FXOpen). The sharp rise was driven by news that the US Senate has approved the GENIUS stablecoin bill, which sets out a regulatory framework
GBP and CHF Extend Decline Following Fed Meeting, Market Focus Shifts to Bank of England and Swiss National Bank Decisions | Market Pulse
The British pound and the Swiss franc remain under pressure against the US dollar following the Federal Reserve’s latest meeting, where the regulator left its key interest rate unchanged and signalled no rush to shift the course of monetary policy. Despite easing inflation, the Fed has maintained a relatively
Market Analysis: EUR/USD Faces Rejection, USD/JPY Recovers Above 145.00 | Market Pulse
EUR/USD declined from the 1.1640 resistance and traded below 1.1550. USD/JPY is rising and might gain pace above the 145.50 resistance. Important Takeaways for EUR/USD and USD/JPY Analysis Today * The Euro started a fresh decline after a strong surge above the 1.1600
Investors Flock to the US Dollar Amid Escalating Geopolitical Tensions | Market Pulse
The currency pairs USD/JPY and USD/CAD are showing significant gains amid the intensifying conflict between Israel and Iran, which has pushed oil prices higher. Investor fears have driven demand for the US dollar – a so-called safe-haven asset. Statements by Donald Trump regarding the start of Iran’s “unconditional
Natural Gas Prices on the Rise | Market Pulse
As shown on the XNG/USD chart today, natural gas prices are trading around $3.960 per MMBtu — the highest level in over a month. This week’s series of bullish candles confirms strong demand. Natural gas is becoming more expensive due to concerns over the military conflict between Iran
How Financial Markets Are Reacting to the Escalation in the Middle East | Market Pulse
The exchange of strikes between Iran and Israel continues. However, judging by the behaviour of various assets, market participants do not appear to expect further escalation: → Oil prices are falling. Monday’s candlestick on the XBR/USD chart closed significantly below the opening level. → Safe-haven assets are also retreating: the