All Activity
- Past hour
-
Date: 06th May 2025. Wall Street Rally Ends | Fed Decision & Trade War Weigh. Wall Street’s Longest Rally Since 2004 Ends Amid Trade Uncertainty and Weak Tech Performance Wall Street’s nine-day winning streak—the longest since 2004—came to a halt as bullish momentum faded. Major US indices closed lower: the Nasdaq dropped 0.74%, the S&P 500 fell 0.64%, and the Dow Jones Industrial Average slid 0.24%. Despite easing concerns over tariffs, lingering uncertainty surrounding their long-term impact kept investors on the sidelines. A stronger-than-expected ISM services report, which included a sharp rise in prices paid, and optimistic remarks from Treasury Secretary Bessent, failed to lift sentiment. Apple led the market declines, while media and entertainment stocks—including Disney—fell after a 100% tariff was announced on imported films. Berkshire Hathaway also declined following Warren Buffett’s retirement announcement after six decades as CEO. Treasury Yields Climb as Rate-Cut Hopes Fade Treasury yields rose as upbeat economic data tempered expectations for rate cuts. The 2-year yield increased 1.2 basis points to 3.836%, the 3-year note ended 1 bp higher at 3.810%, the 10-year yield advanced 3.7 bps to 4.358%, and the 30-year yield climbed 4.2 bps to 4.830%. This marked the third straight session of yield increases. Despite a strong 3-year auction, bonds remained under pressure. US Dollar Index Slides Below 100; Greenback Faces Broad Weakness The US Dollar Index (DXY) slipped below the 100 mark, closing at 99.809 after touching a high of 100.030 and a low of 99.464. The dollar weakened against most G10 currencies and lost ground to several Asian counterparts as rate differentials failed to offer support. Nevertheless, stronger US economic data—including accelerated activity among US service providers—helped the dollar edge higher during the session, easing a rapid appreciation in Asian currencies spurred by optimism over potential trade agreements. Asia Forex Volatility Increases Amid Trade Hopes The greenback gained 0.2% after the ISM data release. The Taiwanese dollar dropped 0.1% after Monday's historic surge—the strongest since the 1980s. The yen also weakened slightly. Meanwhile, Taiwan’s currency saw its biggest inversion in over two decades as the spread between the spot rate and one-year NDFs hit 3,000 pips, signalling ongoing selling pressure on the US dollar. Global Market Reaction and Oil Rebound Equity index futures for the S&P 500 declined 0.4% after the index snapped its longest rally in nearly two decades. European and Asian markets mirrored the US retreat. Cash trading in Treasuries was halted during the Asian session due to a Japanese holiday. Oil prices rebounded slightly from four-year lows. US crude rose $0.74 to $57.87 per barrel, while Brent crude also gained $0.74 to settle at $60.97. However, WTI crude remained down 1.96% on the day, closing at $56.81 amid concerns about a global supply glut. OPEC+ announced it would increase output by 411,000 barrels per day starting June 1, contributing to a 4% drop in prices on Monday. Gold Surges on Chinese Demand; Equities Under Pressure Gold prices jumped 2.84%, reaching $3333.22 per ounce, driven by increased demand from China. Chinese markets rose after reopening from the Golden Week holiday. The Shanghai Composite added 0.7%, Hong Kong’s Hang Seng gained 0.4%, Taiwan’s Taiex edged up 0.2%, and Australia’s S&P/ASX 200 rose 0.2%. Tech Stocks Lead US Declines; Fed Decision in Focus On Wall Street, tech giants dragged the market lower. Apple fell 3.1%, Amazon dropped 1.9%, and Tesla lost 2.4%. Palantir sank more than 9% in after-hours trading following disappointing results, while Ford warned of a $1.5 billion profit hit due to tariffs, causing its stock to fall 2.5%. Netflix and Warner Bros. Discovery lost 1.9% and 2% respectively after President Donald Trump announced a 100% tariff on foreign-made films. Meanwhile, shoemaker Skechers soared 24.3% on news it would be acquired for $9 billion by 3G Capital. Trade War Escalates as Tariff Policies Create Market Turmoil Tariff-related volatility continues to dominate market sentiment. Trump’s unpredictable trade measures—often announced or reversed overnight—have undermined the dollar’s traditional role as a safe haven and forced investors to reconsider US exposure. A recent 145% tariff on Chinese imports has triggered a steep decline in shipping activity and logistics. According to a Caixin survey, China's services sector activity fell to its lowest non-pandemic level, pushing Chinese firms’ overall optimism to its lowest since records began in April 2012, prompting further job cuts. Outlook: Federal Reserve Decision and Inflation Risks Loom Attention now turns to Wednesday’s Federal Reserve meeting. The Fed is widely expected to keep interest rates steady after cutting them three times in 2024. With inflation hovering just above the 2% target and economic uncertainty lingering, policymakers are likely to maintain a cautious stance. The US economy contracted by 0.3% in Q1—the first quarterly decline in three years—raising concerns about tariff driven slowdown. Inflation fears are resurfacing, compounding market anxieties as investors await clearer guidance from the Fed and potential developments on the trade front. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
- Today
-
GUARDIANS OF THE CAR 🚗 GOTCAR ($GOTCAR) – The Meme Coin That Drives You Forward | G2E Token Live Now! Introducing GOTCAR – the world’s first self-driving car meme coin, built on Solana and powered by a vibrant community of drivers, degens, and decentralized dreamers. Also known as CRAZY CHICKEN COIN, this project fuses meme culture with real interaction and token utility. What is GOTCAR? A hilarious yet innovative meme token inspired by the legendary "chicken" meme, GOTCAR brings motion to the memecoin space. Whether you’re moving IRL or online, you can earn, engage, and evolve. It’s not just a token—it’s a movement. 🔥 Key Features: 🚘 First-ever meme coin with autonomous vehicle narrative ⚡ Powered by Solana – lightning-fast and low transaction fees 🗳️ DAO governance – community-led decisions & ecosystem growth 🎁 Early bird whitelist + airdrop live now – don’t miss your chance! 🎮 G2E (Go-to-Earn) mechanics for real-world and digital engagement 🔗 Join the GOTCAR Movement 🌍 Website: https://guardiansofthecar.com 💬 Telegram: https://t.me/Gotcar_Official 🐦 Twitter: https://twitter.com/gotcar_official Guardians never hit the brakes! 🚀 Keep explore the ecosystem of $GOTCAR Let’s drive the future— BUY $GOTCAR, BECOME A GUARDIAN. #GOTCAR #CRAZYCHICKENCOIN #G2E #Solana #MemeToken
-
No doubt, FOMO has lead many traders and investors into the drench, do we follow the hype? Not really, cuz all that glitters is not gold; hmmm most times this use case is not applicable in crypto memecoin space. Here for some weeks now, there has being a hype on the memecoin $DONKEY, and when I saw this, I thought it was the regular hype and dump game. In my very watch, it’s got to doing 2,200% from 1000% And now seeing $MYZ, it will not do me harm to risk 1:10 of my portfolio; though a CEX platform offered a $100 MYZ for the first 100 persons to trade this token.. Hope I’m still early?
-
MaoGlobal - maoglobal.net
naale replied to naale's topic in Crypto Investing Opportunities (Websites & Apps)
https://bscscan.com/tx/0x93e4ff4d39513a68e2c3bff9af26694d79c7524663e9fd5f0823a1be1d523b0b 26.33 USDT May-06-2025 01:52:44 AM UTC -
Hello, friends Need the best quality? - We have it COSMIC! Order: Rendering|Soules (@soules_service) News & Giveaways: Channel|Soules (@SoulesPlanet_Bot) New review:
-
coinflips changed their profile photo
-
Daily Market Analysis and Overview by Unitedpips
Unitedpips replied to Unitedpips's topic in Forex News & Analysis
NZD/USD Daily Analysis: Bulls Attempt to Retake Control Introduction to NZD/USD The NZD USD, commonly known as the "Kiwi," represents the exchange rate between the New Zealand Dollar and the US Dollar. Traders closely monitor this currency pair due to New Zealand's significant commodity exports and the USD's role as the global reserve currency. Movements in NZD/USD provide critical insights into market sentiment regarding risk appetite, commodity price trends, and economic outlooks. NZDUSD Market Overview Currently, the NZD/USD shows a bullish sentiment driven by recent favorable economic data from New Zealand. Commodity prices released by ANZ showed a positive trend, providing strength to the New Zealand Dollar. Additionally, the latest GlobalDairyTrade (GDT) auction reported an improvement in dairy prices, further supporting NZD demand. On the USD side, markets are carefully watching the US trade balance report from the Bureau of Economic Analysis and consumer sentiment data from RealClearMarkets, both expected to influence USD strength and market dynamics significantly. Investors are also cautiously observing upcoming Treasury auctions and API inventory reports, influencing the USD outlook for the near term. NZD-USD Technical Analysis Technical indicators on the daily NZD USD chart suggest cautious optimism. Currently, the price is supported by the middle Bollinger Band, indicating potential upward momentum. However, the Kiwi remains vulnerable to declines should this dynamic support fail. A breach below the Bollinger Band's midline could initially target the former resistance, now turned support, at 0.58750, and further downside could extend to 0.57929. Bollinger Bands are widening, hinting at increasing market volatility. The Awesome Oscillator signals modest bullish momentum, while the Fisher indicator confirms potential bullish continuation if current levels hold. Final Words about NZD vs USD Considering both technical indicators and recent economic news, NZD/USD appears poised for a cautious upward move, albeit with notable risks. Traders should closely monitor price behavior around critical support levels, especially at the Bollinger Band midline. Upcoming economic releases from the US and commodity data from New Zealand will likely dictate the short-term direction. Risk management remains crucial due to the potential for heightened volatility, emphasizing the need for vigilance in response to shifting market conditions. 05.06.2025 -
J.J. Edwards’ Expert Market Analysis at FenzoFx
FenzoFx replied to FenzoFx's topic in Forex News & Analysis
Ethereum Suffers from Lack of Momentum FenzoFx—Ethereum is trading sideways around $1,800 in a low-momentum market. The price is retreating from the $1,782 support, aligning with yesterday's low. It remains below the 50-period simple moving average, confirming a bearish trend, while volume indicators also point downward. The bullish scenario: If the price breaks below $1,782, the next target could be the $1,756 demand zone. On the bullish side, a move above the $1,834 resistance—yesterday’s high—could pave the way for a rise toward $1,850. -
EUR/USD H4 Technical and Fundamental Analysis for 05.06.2025 Time Zone: GMT +3 Time Frame: 4 Hours (H4) Fundamental Analysis: EURUSD is influenced today by significant economic releases from both sides of the Atlantic. For the USD, traders are closely watching the International Trade Balance, Consumer Confidence (RCM/TIPP), and Treasury Bond Auction results. Positive outcomes from these reports, particularly higher exports or stronger consumer sentiment, could strengthen the USD. For EUR, key releases include Industrial Output, Jobless Claims, and several important PMI reports from S&P Global, providing insight into Eurozone economic health. Stronger-than-expected figures can bolster EUR demand, leading to bullish movements. Price Action: The EUR-USD pair is currently in a sideways channel on the H4 timeframe. After a notable bearish reaction from the broken ascending trend lines, the price recently bounced off the lower boundary of the channel, suggesting a potential move upward towards the Ichimoku cloud (Kumo). However, with the price now below previously broken uptrend lines, signs of a bearish trend initiation are prominent. Key Technical Indicators: Ichimoku Cloud (Kumo): The EUR USD price is beneath the Ichimoku cloud, confirming bearish pressure in the medium term. The cloud acts as a dynamic resistance zone, and a test of this area could either reinforce bearish sentiment or signal a possible bullish reversal upon a breakout above. RSI (Relative Strength Index): The RSI indicator is currently at 46.84, indicating neutral market conditions with a slight bearish bias. The RSI's position suggests room for price movement in either direction without being overextended. Stochastic Oscillator: The Stochastic indicator at 21.46 and 37.54 suggests oversold conditions, indicating potential short-term bullish momentum as price reacts upward from oversold levels. Traders should remain cautious, however, as momentum could quickly shift if resistance at the Ichimoku cloud holds. Support and Resistance: Support: Immediate support is clearly established at 1.12940, the lower boundary of the current sideways channel. Resistance: The closest resistance is at 1.14000, coinciding with the Ichimoku cloud lower boundary and previous horizontal resistance levels. Conclusion and Consideration: Based on technical indicators and price action analysis for EURUSD H4, the market exhibits bearish sentiment with potential short-term bullish corrections within the sideways channel. The upcoming economic releases from both USD and EUR regions could introduce volatility, necessitating careful monitoring of these fundamental events. Traders should watch closely for a clear break above the Ichimoku cloud or below the current channel support to determine the next directional trend. Disclaimer: The analysis provided for EUR/USD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions on EURUSD Market conditions can change quickly, so staying informed with the latest data is essential. FXGlory 05.06.2025
-
Tired of IP bans or slow proxies? Try RapidProxy – 90M+ real residential IPs worldwide. ✅ Rotating & Static (ISP) proxy options ✅ High anonymity – supports IP whitelisting & user/pass authentication ✅ Free trial | Pay-as-you-go | City-level targeting Perfect for: 🔹 Web scraping 🔹 Automation & bots 🔹 Social media management 🔹 Ad verification & more
-
Market Technical Analysis by RoboForex
RBFX Support replied to RBFX Support's topic in Forex News & Analysis
Brent rebounds slightly, but the sell-off is not over yet Brent oil has recovered to 61.17 USD. The sharp two-day drop has paused. Discover more in our analysis for 6 May 2025. Brent technical analysis On the H4 chart, Brent prices have rebounded from a local low of 58.72 and moved up towards 61.00. For the bounce to transition into a sustained reversal, prices must consolidate above 62.11. This would pave the way for further gains towards 62.63. Brent prices have recovered after a steep drop, but still trade near four-year lows. Read more - Brent Forecast Attention! Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews. Sincerely, The RoboForex Team