Monthly Archives: August 2025
Chart the Market (07/08/2025)
Written on August 19, 2025 at 6:03 am, by
ETH, H4: Ethereum (ETH) traded in a relatively sideways manner following a rebound after briefly dipping below its critical support level near the $3,555 mark. The successful recovery and sustained price action above this pivotal level suggest a bullish bias, as the recent pullback appears to have completed with ETH rebounding from a three-week low.Continue Reading
Chart the Market (06/08/2025)
Written on August 19, 2025 at 6:02 am, by
ETH, H4: Ethereum (ETH) staged a sharp recovery after breaching the critical $3,555 support level, a move that initially signaled a bearish breakdown. However, the quick rebound and subsequent stabilization above this pivotal zone suggest the prior dip may have been a false breakdown, reigniting prospects for a bullish trend reversal. Importantly, ETH continues toContinue Reading
Loonie Under Pressure Ahead of CPI as Trade Tensions and Oil Slump Weigh
Written on August 19, 2025 at 6:02 am, by
Key Takeaways: * Looming U.S. tariff deadline keeps pressure on the Canadian dollar, eroding confidence in the economic outlook. *Inflation expected at 1.9%; a stronger print could support the loonie and bolster BoC’s steady policy stance. *Crude’s slide to two-month lows adds downside risk, leaving CAD vulnerable if CPI misses expectations. Market Summary: The CanadianContinue Reading
