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Cardano Tests Key Support Amid Downside Risks

July 9, 2026 9:58 am
Key Moments ADA is trading at $0.168, roughly 35% below its SMA 200 at $0.26, signaling sustained long-term weakness. Spot volume on Binance over 24 hours stands at just $19 million, highlighting thin liquidity in a persistent downtrend. A failure to reclaim $0.18 in the near term keeps $0.155 and potentially $0.13 in focus as […] Read more

GBP/JPY Reaches 2008 Highs as Sterling Rallies

July 9, 2026 8:56 am
Key Moments GBP/JPY advanced for a second straight session and traded near 218.00, its highest level since January 2008. A roughly 275 bps UK-Japan rate differential and easing UK political risk continued to pressure the JPY versus the GBP. The British Pound showed the strongest performance against the Japanese Yen this week, gaining 1.02%. GBP/JPY […] Read more

Rupiah Weakens Ahead of Key Retail Data

July 9, 2026 7:09 am
Key Moments USD/IDR traded around 18,140 in Asian hours on Thursday, extending gains for a second straight session. Indonesia’s May Retail Sales YoY are expected to contract by 3.9%, weighing on the Rupiah. FOMC minutes showed policymakers divided between keeping the benchmark rate at 3.6% and raising it, while markets now see over a 30% […] Read more

EUR/JPY Near Key Breakout Resistance

July 9, 2026 6:42 am
Key Moments EUR/JPY trades near 185.60, testing the upper edge of a symmetrical triangle pattern while holding above key moving averages. The 14-day Relative Strength Index sits close to 55, indicating constructive but not overextended bullish momentum. Initial technical support appears at the session VWAP of 185.28, with further support at the nine-day EMA of […] Read more

Ethereum Holds Key Support as Momentum Lags

July 9, 2026 6:01 am
Key Moments Ethereum is trading at $1,740, with price hovering just above the 20-day EMA at $1,714 after rejection near the 50-day EMA around $1,800. US spot ETH ETFs have recorded four consecutive days of net inflows totaling $91.5 million, while trading volume and broader buying pressure remain subdued. Derivatives open interest has stayed flat […] Read more

Nvidia Underperforms as BofA Sees Buying Opportunity

July 8, 2026 1:12 pm
Key Moments Nvidia’s stock is up just 3% year-to-date while the Philadelphia Semiconductor Index has gained 82%, according to Bank of America. Bank of America reiterated its Buy rating and $350 price target, arguing that concerns about margins, ASIC competition, ownership, and capital deployment are overstated. The firm expects Nvidia’s gross margins to remain around […] Read more

Canadian Dollar Gains as Oil Rally Boosts Loonie

July 8, 2026 1:01 pm
Key Moments USD/CAD falls 0.26% to around 1.4160 during the European session as the Canadian Dollar strengthens. WTI trades more than 2.23% higher near $73.6 in European trading and is up over 7% so far this week. Markets focus on upcoming Canadian June labor data and the release of FOMC minutes at 18:00 GMT. CAD […] Read more

Exxon Mobil Jumps as Oil Rally Lifts Outlook

July 8, 2026 12:56 pm
Key Moments Exxon Mobil Corp (NYSE:XOM) climbed 2.0% in pre-open trading to $144.60, trading above its prior close of $141.69. The company’s July 7, 2026 8-K signaled Q2 earnings roughly $5 billion above Q1, with analysts estimating about $15.7–$15.9 billion in adjusted net income. Heightened tensions in the Strait of Hormuz and the Trump administration’s […] Read more

EUR/GBP Steadies as Downtrend Momentum Fades

July 8, 2026 12:33 pm
Key Moments EUR/GBP traded in a tight band between 0.8535 and 0.8650, with sellers unable to extend losses or trigger a decisive rebound. Geopolitical tensions and firmer Oil prices weighed on risk sentiment and limited any meaningful Euro recovery. Bullish divergence on the four-hour RSI and a marginally positive MACD reading pointed to a possible […] Read more

U.S. LNG Gains Ground in Greece as Re-Exports Rise

July 8, 2026 9:53 am
Key Moments The United States supplied 12.67 terawatt-hours of LNG to Greece in the first half of 2026, representing about 70% of LNG volumes at the main import terminal. Greek gas exports tripled year over year to 8.72 terawatt-hours, reinforcing the country’s role as a transit hub toward the Balkans and eastern Europe. Total gas […] Read more