EUR/USD 1.16898
-0.005%
Gold 4520.62
-0.068%
Oil 101.831
-0.509%
USD/JPY 157.234
-0.012%
GBP/USD 1.35281
-0.019%
GBP/JPY 212.713
-0.016%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
US President Trump: The war with Iran could last another two to three weeks.① Iran 1. Iranian media: Iran has no plans to attack the UAE. 2. Iranian military official: The fire at the UAE oil facilities was caused by a US military adventure. 3. Senior Iranian official denied US claims of sinking several small boats. 4. Iran warned the UAE not to be a pawn of Israel. 5. Iranian media: The warning issued by the Iranian Army Commander to the US aircraft carrier came from a fake account. ② United States 1. Bessant: If the Iranians want to escalate the situation, the US is willing to escalate it as well. 2. Trump claimed the US sank 7 small Iranian boats, while US Central Command Commander Cooper claimed 6. 3. US Central Command Commander: More ships are preparing to pass through the Strait of Hormuz. 4. Trump: If Iran attacks US warships, it will be "wiped off the face of the earth." 5. US intelligence agencies: Recent fighting has not significantly impacted Irans nuclear program. 6. US media: Trump did not explicitly state that Iran has violated the ceasefire agreement. ③ Israel 1. Israeli officials said Israel is ready to return to fighting and is waiting for the US to "give the green light." 2. Israeli media reported that Israel raised its alert level on the 4th. ④ Strait of Hormuz 1. Iran denies any merchant ships or oil tankers have passed through the strait. 2. US Central Command: Two merchant ships flying the US flag have passed through the Strait of Hormuz. 3. A spokesperson for the Iranian Revolutionary Guard stated that ships violating the regulations in the Strait of Hormuz "will be forcibly intercepted." 4. British maritime authorities reported that three ships were attacked near the Strait of Hormuz on Monday. 5. Trump called on South Korea to join the Strait of Hormuz operation. 6. Maersk: Ships flying the US flag passed through the Strait of Hormuz under US escort. 7. French President Macron: France will not participate in the new US "Hormuz Plan." 8. Commander of US Central Command: Iran used missiles to strike merchant ships and US warships. The current focus is on getting ships out of the Strait of Hormuz, and then gradually considering allowing ships to enter the Strait of Hormuz. 9. According to Irans Mizan News Agency: A senior Iranian security source said that Irans message is clear: if the Americans attempt to advance in the Strait of Hormuz, they will become targets. ⑥ Other Situations: 1. The UAE Ministry of Defense stated that it intercepted more than ten Iranian missiles and several drones on the 4th. 2. The UAE suffered its first attack since the temporary ceasefire between the US and Iran, with three people injured in the Fujairah oil industrial area. 3. The Lebanese President stated that the timing for a meeting with the Israeli Prime Minister is not yet ripe. 4. Israel claims to have attacked Hezbollah infrastructure in Lebanon, while Hezbollah claims to have attacked Israeli military gathering points. 5. The hacker group "Handala" claimed responsibility for a cyberattack on the port of Fujairah in the UAE. 6. According to Israeli media Kann, the Chairman of the UAE Defense Council told his Israeli counterpart that the UAE would retaliate against Iran. 7. The U.S. State Departments Bureau of Consular Affairs: Our travel advisory for the UAE remains at Level 3.May 5th - According to three sources familiar with the matter, US intelligence assessments indicate that the timeline for Iran to develop nuclear weapons has remained unchanged since last summer. At that time, analysts estimated that the joint US-Israeli strikes had delayed this timeline by up to a year. This unchanged timeline suggests that effectively stopping Irans nuclear program may require the destruction or removal of Irans remaining stockpile of highly enriched uranium (HEU). The sources stated that US intelligence agencies concluded before the 12-day war in June of last year that Iran was likely to produce enough weapons-grade uranium to build a nuclear weapon within three to six months. Following the June airstrikes, US intelligence assessments pushed this timeline back to approximately nine months to a year.According to the Wall Street Journal, "Big Short" Michael Burry has sold off his entire stake in GameStop (GME.N), after GameStop announced its intention to acquire eBay (EBAY.O).Bank of Canada Governor Macklem: With Federal Reserve Chairman nominee Warsh now serving as Chairman of the Federal Reserve, I believe the Feds culture and behavior will continue as they have been.

Early Support for ETH and BTC, with US Economic Indicators in Focus

Alina Haynes

Nov 03, 2022 19:39

 截屏2022-11-03 下午7.34.53.png

 

Wednesday saw Bitcoin (BTC) and Ethereum (ETH) join the larger market in the red. The NASDAQ Composite Index, Bitcoin, and Ethereum all fell in response to Fed Chair Powell's news conference. Nevertheless, the technical indications continue to be optimistic, indicating upward price trends. On Wednesday, Ethereum (ETH) fell 3.80%. Reversing Tuesday's gain of 0.32%, ETH closed the day at $1,518.

 

After a turbulent morning session, ETH recovered to a high of $1,622 by late afternoon. ETH surpassed the First Major Resistance Level (R1) at $1,606 prior to falling to a late low of $1,506. ETH ended the day below $1,520 after breaking through the First Major Support Level (S1) at $1,556 and the Second Major Support Level (S2) at $1,535.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Wednesday, the price of bitcoin (BTC) plummeted by 1.63 percent. BTC ended Tuesday at $20,165, a decrease of 0.04% from its opening price.

 

BTC rose to a high of $20,817 in response to the FOMC Statement, following a range-bound morning. BTC surpassed the First Major Resistance Level (R1) at $20,686 before falling to an intraday low of $20,086. BTC went below the First and Second Major Support Levels (S1 and S2) at $20,327 and $20,154, respectively.

 

In accordance with forecasts, the Fed raised rates by 75 basis points on Wednesday. The FOMC Statement hinted at a likely policy move in December, lending credence to December Fed pivot wagers. The Rate Statement pushed BTC and ETH to their daily peaks.

 

However, Fed Chair Powell dashed prospects for a reversal, citing excessive inflation and the need to continue forward. Powell remarked that the "final level of interest rates will be higher than anticipated."

 

As a result, the NASDAQ Composite Index fell 3.36 percent, sending BTC and ETH into the negative.

 

Today, attention will be on US factory orders, jobless claims, and the ISM Non-Manufacturing PMI. We anticipate the PMI and its subcomponents to have the most effect.

 

Due to the sensitivity of BTC and ETH to US economic statistics and the FED, the correlation with the NASDAQ Composite Index remains intact. The NASDAQ 100 Mini was up 35 points this morning.


Suggestion