FxAnalysis

Bitcoin extends gains toward $124K. While volume is lighter, buyers eye new highs. Pullbacks near $117K remain attractive entry points for bulls.

Apple retraced after gapping higher, testing $260 as key resistance. Support holds near $250–255, with potential bullish breakout aiming at $275.

Crypto markets sprang back to life in the lead-up to October, following a two-week pullback that had many saying, “I told you so,” regarding the possibility of a “Red September.” After bottoming out near $108,600 last Friday, Bitcoin (BTC) bulls went to work to ensure King Crypto finished the month in the red, ultimately sparking…

Equity markets shook off the US government shutdown and pushed to fresh all-time highs, as investors bet that the shutdown would be short-lived. The extension of the equity rally, fueled by an apparent AI bubble, has reached dangerous levels, exceeding the pre-Dot-Com bubble. The labor market continues to weaken rapidly, as measured by the ADP…

Equity markets shook off the US government shutdown and pushed to fresh all-time highs, as investors bet that the shutdown would be short-lived. The extension of the equity rally, fueled by an apparent AI bubble, has reached dangerous levels, exceeding the pre-Dot-Com bubble. The labor market continues to weaken rapidly, as measured by the ADP…

The GBP/USD exchange rate held steady on Thursday as the US dollar retreat continued. It jumped to a high of 1.3485, continuing a trend that started when it bottomed at 1.3325.