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⚡️ #عاجل : There are no consultations or negotiations between China and the United States regarding #الرسوم_الجمركية . China says that the United States should stop stirring up confusion.
Net Capital Flow: 31,126,149 USDT inflow, 127,645,291 USDT inflow, 96,519,142 USDT outflow
Support and Resistance Levels
Resistance Level: 0.6642 USDT
Support Level: 0.5235 USDT
Market Indicators
Trader Ratio: 5.0:1 Number of traders expecting price increase vs those expecting decrease Relative Strength Index (RSI) indicates an "Overbought" condition meaning the price may be in the overbought territory.
Technical Analysis
Bullish Indicators: No bullish indicators currently.
Bearish Indicators
Conclusion
RSI: Indicates that the market is in an "Overbought" condition which may lead to a price correction.
The current price of WIF shows a noticeable increase over the past 24 hours, with a strong resistance level at 0.6642 USDT. However, it is important to note that the RSI indicates an "Overbought" condition, which may suggest a possibility of price correction in the near future.
Recommendations
For investors, it is important to monitor support and resistance levels, in addition to following market indicators to determine the best entry and exit points.
Trump has softened his stance on two major issues that were causing nightmares for Wall Street, as he indicated his openness to easing tariffs on China, and stated that he 'does not intend' to fire Federal Reserve Chairman Jerome Powell.
Wendy Edelberg, a senior fellow in economic studies at the Brookings Institution, said in an interview with CNN that the most damaging aspect of the tariffs themselves is the uncertainty created by the White House.
U.S. stocks rose on Tuesday and Wednesday, signaling market relief at assurances from close advisors to the president that his 145 percent tariffs on China would not last.
In a press meeting in the Oval Office on Tuesday, Trump also refrained from attacking Powell. However, U.S. stocks are still down 11 percent since Trump took office in January.
Despite the recent rebound, the S&P 500 has lost nearly $7 trillion in value since it hit record levels just two months ago.
US Treasury Secretary Scott Pisent said on Thursday that the United States and South Korea held a very successful bilateral meeting as part of trade talks in which Seoul aims to reach an agreement to ease the tariffs that President Donald Trump seeks to impose.
Pisent added during his remarks from the White House: "We had a very successful bilateral meeting with the Republic of Korea today... We may move at a faster pace than I anticipated, and we will start discussing the technical details as soon as next week."
He continued: The South Koreans came early and fully prepared, and we will see if they follow through on that later.
The DOGS currency is currently facing downward pressure as technical indicators show negative signals such as the Death Cross in the MACD indicator and an Overbought condition in the RSI indicator. However, there are still some positive signals in terms of money flow, as the percentage of traders leaning towards buying is much higher than those leaning towards selling.
Current Data
USDT 0.0001425 : Current Price.
USDT 0.0001483 (Previous Price (24) hours)
Percentage Change (24 hours) -3.91
USDT 0.0001532 : Highest Price (24) hours
USDT 0.0001374 : Lowest Price (24) hours.
6,528,666,573 : Trading Volume (24) hours
18/20
Money Flow: USDT 6,240,088 : Inflow
USDT 5,084,552 Outflow
USDT 1,155,536 Net Flow
Support and Resistance Levels
USDT 0.000148 : Resistance Level
USDT 0.0001387 Support Level
Technical Indicators
Negative Signals:
MACD Death Cross indicates a downward trend.
RSI: Overbought condition indicates a potential price correction.
Market Sentiment
. Fear and Greed Index: 63 (Greed) - indicates that the market is in a state of greed, which may lead to price fluctuations.
Conclusion
The DOGS currency is currently facing challenges with negative signals from technical indicators, but positive money flow may provide some support. It is important to monitor support and resistance levels to determine future trends.
Fear and Greed Index : 63 (Greed) Indicates that the market is in a state of greed, which may drive prices up.
Technical Analysis
Negative Indicators
9:13 PM
RSI indicates an Overbought condition, meaning the price may be too high and could be subject to correction.
BOLL: The upper limit has been touched, indicating a potential correction soon.
Conclusion
Data shows that SUI currency is experiencing a strong upward trend, with indicators pointing to a state of greed in the market. However, attention should be paid to RSI and BOLL indicators which suggest that the currency may be in an overbought zone, potentially leading to a price correction.
Recommendations
For investors, it is important to monitor support and resistance levels, as well as market indicators. It may be wise to consider taking profits if the price approaches the resistance level.
#عاجل | CEO of the Norwegian Sovereign Wealth Fund: We did not expect the trade barriers imposed by the United States on China to be this high. #Business_Language_World #Economic_News
#عاجل | On Thursday, #وزير_الاقتصاد_الفرنسي said that the European Union and the United States are still far from reaching an agreement on tariffs, at a time when the bloc is seeking a way out of trade tensions with Washington.
Minister Eric Lombard added, in an interview on the sidelines of the spring meetings of the International Monetary Fund and the World Bank in Washington: We will not hide the truth that we are still far from an agreement
Bank of England Governor Andrew Bailey said on Thursday that he is focusing on the shock the economy is likely to feel due to the tariffs imposed by U.S. President Donald Trump on imports and the retaliatory measures taken by other countries.
Bailey added in a statement to CNBC on the sidelines of the International Monetary Fund meetings in Washington: "We are certainly focusing, and largely, on the growth shock," noting that the Bank of England has been trying to achieve a balance between weak growth and domestic supply constraints that are putting pressure on inflation.
He continued: "We have to balance these two things, but I believe that the trade issue is the new part of this story.
He stated that the weak surveys released this week reflect a state of uncertainty among businesses, although the latest official GDP data was encouraging, and he does not believe that the British economy is close to entering a recession.
U.S. bond yields fell on Thursday on temporary hopes for less-than-expected U.S. tariff cuts and the possibility of the first interest rate cut by the Fed in June.
The decline in yields, which move inversely with bond prices, supported price movements in the bond market on Wednesday, which were influenced by signals from U.S. President Donald Trump that he is open to reducing tariffs on China. Trump also backed off his attacks on Federal Reserve Chairman Jerome Powell, bringing some relief to the bond market. The yields on the benchmark 10-year bonds had reached 4.33%, which is about 5 basis points lower than Wednesday, while the yields on 2-year bonds were about 6 basis points lower at 3.807%.
Later on Thursday, the U.S. Treasury will sell 7-year bonds worth $44 billion, which is the last debt issuance for this week. The auction for 2-year bonds on Tuesday was weak, while the 5-year bond sale saw good demand on Wednesday.
Helena Milnikoff, President of the German Chamber of Commerce and Industry, said: "The situation of the German economy is serious."
She called on "the upcoming federal government to move forward and find solutions in the customs tariff dispute with the United States at the European Union level," emphasizing that time is very important.