Categories Finance

USDCHF breaks lower. What next?

The USDCHF had been confined in a range within a range (see red boxes on the chart above). The price moved outside the first box at 0.8794 and then got to the low of the 2nd box at 0.8755. There was some stall near that area in the…

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Categories Finance

Market cycles: leveraging seasonal trends with Octa Broker

Understanding the rhythm of financial markets can give traders a significant edge. Seasonalities—lasting trends that repeat themselves during some periods of the year—tend to influence the value of assets and the overall market state. Identifying these cycles allows traders to adapt their strategies better and make more informed…

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Categories Finance

March ISM services 50.8 vs 53.0 expected

Prior was 53.5 Data: Employment 46.2 vs 53.9 prior New orders 50.4 vs 52.2 prior Prices paid 60.9 vs 62.6 prior Business activity 55.9 vs 54.4 prior Supplier deliveries 50.6 vs 53.4 prior Inventories 50.3 vs 50.6 prior Backlog of orders 47.4 vs 51.7 prior New export orders…

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Categories Finance

Interoperability Protocol Hyperlane Reveals Airdrop Details

The team behind interoperability protocol Hyperlane shared Thursday their upcoming token airdrop plans happening at the end of the month. The airdrop will occur on April 22, and users can check their eligibility to receive $HYPER tokens via a portal provided by the Hyperlane Foundation by April 13,…

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