<p class=“MsoNormal“>On the daily chart below for AUDUSD, we can <a target=“_blank“ href=“https://www.forexlive.com/LiveCharts?tvwidgetsymbol=FX%3AAUDUSD“ target=“_blank“ rel=“follow“>see that after breaking above</a> the downward <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-trendlines-20220406/“>trendline</a>, the buyers started to have the
upper hand and even managed to breach the 0.67 <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-support-and-resistance-20220405/“>resistance</a>. The <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-understanding-moving-averages-20220425/“>moving
averages</a> are on the verge of crossing upwards, which would be a bad omen for the
sellers. We can see how hard the sellers are fighting back by the long candlesticks
wicks above the 0.67 handle. </p><p class=“MsoNormal“>Those were created as the Fed
delivered on expectations but sounded less hawkish, giving the buyers some
conviction to try a push to the next resistance at 0.6781. The following days
though the sellers piled in and brought the price back below the 0.67 handle.
This line seems to be important for the market. </p><p class=“MsoNormal“>On the 4 hour chart below, we can
see that the fall after the <a target=“_blank“ href=“https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-fed-hikes-25-basis-points-dollar-initially-falls-20230322/“>FOMC
decision</a>, led also to the break below the upward trendline, which was defining
the uptrend. The price since then pulled back to the 0.67 resistance and it’s
likely that we will find sellers here. Moreover, the recent rally came after
the hot <a target=“_blank“ href=“https://www.forexlive.com/news/sp-global-marchus-services-pmi-538-vs-505-expected-20230324/“>US
PMIs</a>, which may indicate that this is just a squeeze on dollar longs and we
may see the USD coming back strongly soon. </p><p class=“MsoNormal“>This will depend on the economic
data though. If the data keeps coming in strong, then the market should reprice
again interest rates expectations and lead to some dollar strength. </p><p class=“MsoNormal“>On the 1 hour chart below, we can
see that for the sellers this is a good spot to pile in as they have the 0.67
resistance and the <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-confluence-20220318/“>confluence</a> with the 50% <a target=“_blank“ href=“https://www.forexlive.com/Education/technical-analysis-using-fibonacci-retracements-20220421/“>Fibonacci
retracement</a> level. More conservative sellers may want to wait
for the price to break below the 0.6665 support before jumping onboard. </p><p class=“MsoNormal“>The buyers, on the other hand,
should find more conviction in case the price breaks again above the 0.67
handle, but they are likely to lean also on the 0.6665 support in case the
price pulls back. </p>

This article was written by ForexLive at www.forexlive.com.

<p style=““ class=“text-align-justify“>No tsunami warning has been issued and the epicenter appears to be just off the east coast of the Aomori prefecture. JMA is also reaffirming that the preliminary magnitude is that of 6.1. Judging by the location, it doesn’t seem to be one that might cause too much harm and damage to the mainland.</p>

This article was written by Justin Low at www.forexlive.com.

<p>Headlines:</p><ul><li><a target=“_blank“ href=“https://www.forexlive.com/news/first-citizens-to-assume-all-deposits-loans-of-silicon-valley-bank-20230327/“>First Citizens to assume all deposits, loans of Silicon Valley Bank</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/centralbank/ecbs-nagel-inflation-is-still-just-too-high-20230327/“>ECB’s Nagel: Inflation is still just too high</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/centralbank/ecbs-de-cos-recent-tensions-have-generated-a-further-tightening-of-financial-conditions-20230327/“>ECB’s de Cos: Recent tensions have generated a further tightening of financial conditions</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/germany-march-ifo-business-climate-index-933-vs-910-expected-20230327/“>Germany March Ifo business climate index 93.3 vs 91.0 expected</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/eurozone-february-m3-money-supply-29-vs-32-yy-expected-20230327/“>Eurozone February M3 money supply +2.9% vs +3.2% y/y expected</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/uk-march-cbi-retailing-reported-sales-1-vs-6-expected-20230327/“>UK March CBI retailing reported sales 1 vs -6 expected</a></li></ul><p>Markets:</p><ul><li>CHF leads, JPY lags on the day</li><li>European equities higher; S&amp;P 500 futures up 0.6%</li><li>US 10-year yields up 8 bps to 3.462%</li><li>Gold down 1.1% to $1,954.43</li><li>WTI crude up 1.3% to $70.19</li><li>Bitcoin up 0.9% to $27,895</li></ul><p style=““ class=“text-align-justify“>It’s a brand new week and maybe this time markets can really look to put behind them the episode of the banking crisis of 2023.</p><p style=““ class=“text-align-justify“>Besides a brief hiccup at the start of European morning trade, it was quite straightforward as risk trades recovered to start things off this week. The banking turmoil looks to ease further and I guess that means the focus will start to turn back towards central banks and inflation once again.</p><p style=““ class=“text-align-justify“>There will still be watchful eyes on banks and the economy but the bigger picture is likely to stay the same as before we experienced what we did in the past few weeks.</p><p style=““ class=“text-align-justify“>US futures briefly erased its solid advance at the start of the session but is now back higher again. European equities kept pace and are on course for solid gains to kick start the final week of March trading.</p><p style=““ class=“text-align-justify“>Meanwhile, bond yields are also pulling higher as traders pare back safety bets further. Treasury yields are jumping with Fed fund futures also reflecting roughly 64% odds of the Fed holding rates unchanged in May – down from 85% at the start of the day.</p><p style=““ class=“text-align-justify“>The dollar was more mixed as it trades lower against the franc, loonie and pound while little changed against the euro and aussie. The yen is the main laggard though as bond yields jump higher, with USD/JPY rising from 130.50 earlier to 131.50 during the session.</p>

This article was written by Justin Low at www.forexlive.com.

<p style=““ class=“text-align-justify“>Equities are now pulling higher on the day with S&amp;P 500 futures up 29 points, or 0.7%, at the highs with bond yields also pressing towards the upside ahead of North America trading. 2-year Treasury yields are now up 18 bps to 3.95% as the mood music continues to improve. There was <a target=“_blank“ href=“https://www.forexlive.com/news/it-looks-like-the-coast-isnt-clear-just-yet-20230327/“ target=“_blank“ rel=“follow“>a bit of a hiccup</a> right at the start of European trading but that has been quickly brushed aside.</p><p style=““ class=“text-align-justify“>The dollar is trading more mixed with it being slightly lower against the euro and pound but nothing too notable. The only movers on the day have really been the yen and franc.</p><p style=““ class=“text-align-justify“>The former is falling on the back of higher yields with USD/JPY moving up from 130.50 earlier to 131.50 now while the latter is benefiting from a further cooling in the banking turmoil and arguably the continued hawkish setup by the SNB.</p><p style=““ class=“text-align-justify“>As for meaningful headlines with regards to risk sentiment, the only one that we really got was earlier in the day here:</p><ul><li><a target=“_blank“ href=“https://www.forexlive.com/news/first-citizens-to-assume-all-deposits-loans-of-silicon-valley-bank-20230327/“ target=“_blank“ rel=“follow“>First Citizens to assume all deposits, loans of Silicon Valley Bank</a></li></ul>

This article was written by Justin Low at www.forexlive.com.

<p style=““ class=“text-align-justify“>Here’s what we will be getting:</p><ul><li>Australia February CPI (29/3)</li><li>Spain March preliminary CPI (30/3)</li><li>Germany March preliminary CPI (30/3)</li><li>France March preliminary CPI (31/3)</li><li>Eurozone March preliminary CPI (31/3)</li><li>US February PCE price index (31/3)</li></ul><p style=““ class=“text-align-justify“>As much as markets are recovering from the hangover after the banking turmoil, it won’t be long before the focus shifts back towards central banks and inflation once again.</p><p style=““ class=“text-align-justify“>To add to the whole mix of data above, there’s also month-end and quarter-end flows to consider alongside potential repatriation flows amid the Japanese fiscal year-end (although much of this should already be transacted during the month itself).</p>

This article was written by Justin Low at www.forexlive.com.

<p style=““ class=“text-align-justify“>This is one of the more lagging takes to one of the bigger themes so far in Q1 2023. The European economy has been quite resilient coming out of what was supposed to be a bleak winter and with recession risks being skirted, we have seen equities in the region soar tremendously since the turn of the year.</p>

This article was written by Justin Low at www.forexlive.com.

<p>Market picture</p><p class=“MsoNormal“>Bitcoin is
down 1.3% over the past week, finishing around $27,800. Ethereum lost 2.7% to
$1760. Other leading altcoins from the top 10 showed mixed dynamics: from a
decline of 8.2% (Polkadot) to a growth of 13.6% (XRP).</p><p class=“MsoNormal“>Total crypto
market capitalisation, according to CoinMarketCap, fell 1.4% to $1.16 trillion
over the week.</p><p class=“MsoNormal“>Bitcoin had
updated 9-month highs to around $28,900 but corrected in the second half of the
week.</p><p class=“MsoNormal“>As a result
of another recalculation, bitcoin’s mining difficulty rose by 7.56%. The figure
renewed its all-time high at 46.84 T. The average hash rate was 335.23 EH/s.
Correlated metrics have increased by more than 30% since the beginning of the
year.</p><p>News background</p><p class=“MsoNormal“>Tether
technical director Paolo Ardoino said the company has about $1.6 billion in
excess reserves to support its stablecoin USDT. In his view, amid the banking
crisis and global economic uncertainty, bitcoin may well surpass its previous
record high of $68,000.</p><p class=“MsoNormal“>The Fed’s
board of directors has once again rejected Custodia Bank’s application for
membership, indicating that the bank’s business model does not meet the goals
set out in the Federal Reserve Act.</p><p class=“MsoNormal“>JPMorgan
bank said the US banking crisis has opened up opportunities to increase market
share for some crypto exchanges by offering banking services to cryptocurrency
firms and investors.</p><p class=“MsoNormal“>German
securities processing giant Deutsche Wertpapier Service Bank AG (dwpbank),
which manages 5.3 million customer accounts for various banks, has launched
wpNex, a bitcoin trading platform.</p><p class=“MsoNormal“>Nasdaq, the
operator of the stock exchange of the same name, has announced plans to launch
cryptocurrency storage services by the end of the second quarter of 2023.</p><p class=“MsoNormal“>This article was written by <a target=“_blank“ href=“https://www.fxpro.com/“ target=“_blank“ rel=“follow“>FxPro</a>’s Senior Market Analyst Alex
Kuptsikevich.</p>

This article was written by FxPro FXPro at www.forexlive.com.

<p class=“text-align-start“>If you’re a crypto investor, you probably know which are the top coins. But as crypto market is raising its head again, some investors revisiting crypto would appreciate a recap of the current options beyond the major assets (BTC and ETH). It’s important to stay on top of the coins with the highest trading volumes. Here are the top 10 cryptocurrencies by trading volume, along with some key information that investors should keep in mind:</p><ol><li><p>Bitcoin (BTC): With a market cap of over $532 billion, Bitcoin remains the largest and most widely recognized cryptocurrency. Its price has risen 19.17% over the past 30 days, and it currently has a 24-hour trading volume of over $14.8 billion.</p></li><li><p>Ethereum (ETH): Ethereum is the second-largest cryptocurrency by market cap, currently valued at over $213 billion. Its price has risen 9.47% over the past 30 days, and it has a 24-hour trading volume of over $7.1 billion.</p></li><li><p>Tether (USDT): Tether is a stablecoin that is designed to maintain a 1:1 peg with the US dollar. Its market cap is over $79 billion, and it has a 24-hour trading volume of almost $24 billion.</p></li><li><p>Binance Coin (BNB): Binance Coin is the native token of the Binance exchange. It has a market cap of over $51 billion and a 24-hour trading volume of almost $380 million.</p></li><li><p>USD Coin (USDC): USD Coin is another stablecoin that is pegged to the US dollar. Its market cap is over $33 billion, and it has a 24-hour trading volume of almost $4 billion.</p></li><li><p>XRP: XRP is the native token of the Ripple payment protocol. It has a market cap of over $23 billion, and its price has risen over 20% in the past 7 days. Its 24-hour trading volume is over $1.6 billion.</p></li><li><p>Cardano (ADA): Cardano is a third-generation blockchain platform that aims to provide a more efficient and sustainable alternative to existing blockchains. Its market cap is over $12 billion, and it has a 24-hour trading volume of over $209 million.</p></li><li><p>Dogecoin (DOGE): Dogecoin is a meme-inspired cryptocurrency that has become a favorite of many retail investors. Its market cap is over $9 billion, and it has a 24-hour trading volume of over $288 million.</p></li><li><p>Polygon (MATIC): Polygon is a Layer 2 scaling solution for Ethereum that aims to improve its speed and scalability. Its market cap is over $9 billion, and it has a 24-hour trading volume of over $341 million.</p></li><li><p>Binance USD (BUSD): Binance USD is another stablecoin that is pegged to the US dollar. Its market cap is over $8 billion, and it has a 24-hour trading volume of almost $3 billion.</p></li></ol><p>BTCUSD technical analysis snapshot: Buyers might need to be careful here (and wait for a dip?)</p><p>As Bitcoin’s price rises and approaches the 20EMA, buyers should exercise caution. The 20EMA is a popular technical indicator used to track a security’s price trend, and it can act as resistance or support for the price. When Bitcoin has gone up almost 90% since November 2022, and reached the 20EMA on the monthly timeframe, there is a possibility that profit takers are waiting to sell their positions, causing a price reversal or consolidation. Buyers should be aware of this possibility and carefully monitor price movements around the 20EMA to avoid buying at the top of a rally and potentially losing money in a market correction.</p><p class=“text-align-start“>Keep in mind that trading volume alone is far from being the only indicator of a coin’s value or future prospects. Investors should always do their due diligence and consider factors such as <a target=“_blank“ href=“https://www.forexlive.com/technical-analysis“>technical analysis</a> before making any investment decisions.</p>

This article was written by Itai Levitan at www.forexlive.com.

<p class=“text-align-start“>Option trading is a complex strategy that requires careful analysis of various factors to predict the movement of a stock’s price. One such factor is market sentiment, which is the overall feeling among investors about a particular stock. This sentiment can be bullish (positive) or bearish (negative), and it often affects the option volume of a stock.</p><p>We’ve compiled a list of seven stocks that are worth considering for option traders and stock investors. Each of these stocks has high option volume, which suggests that they are in demand among traders. Moreover, we’ve analyzed their market sentiment, stock price, catalyst events, and volatility to give you a better idea of their potential.</p><ol class=“text-align-start“><li><p>Bank of America (BAC) – This stock has a high option volume of 267,869, and the market sentiment is bullish. Its net delta is 725k, which means that more traders are betting on its rise than fall. The stock price is currently at $27.14, with a 0.6% increase. Upcoming earnings event is on April 18, 2023, and its IV % Rank is at 98%.</p></li><li><p>Netflix (NFLX) – Although this stock has a high option volume of 271,202, the market sentiment is bearish. The net delta is -69k, which indicates that traders are more inclined to short the stock. The stock price is at $328.39, with a 2.5% increase. Upcoming earnings event is on April 18, 2023, and its IV % Rank is at 66%.</p></li><li><p>Wells Fargo (WFC) – With a high option volume of 94,091, this stock has a bullish market sentiment. Its net delta is 90k, which suggests that traders are more optimistic about its rise. The stock price is at $36.23, with a 1% decrease. Upcoming earnings event is on April 14, 2023, and its IV % Rank is at 97%.</p></li><li><p>JPMorgan Chase (JPM) – This stock has a high option volume of 99,901, but the market sentiment is bearish. The net delta is -74k, which means more traders are betting on its fall than rise. The stock price is at $124.91, with a 1.5% decrease. Upcoming earnings event is on April 14, 2023, and its IV % Rank is at 89%.</p></li><li><p>Abbvie (ABBV) – Although this stock has a high option volume of 26,525, the market sentiment is bearish. Its net delta is -457k, which suggests that traders are more inclined to short the stock. The stock price is at $158.02, with a 1.8% increase. Upcoming earnings event is on February 9, 2023, and its IV % Rank is at 10%.</p></li><li><p>Accenture PLC (ACN) – With a high option volume of 4,529, this stock has a bearish market sentiment. Its net delta is -53k, which indicates that traders are more pessimistic about its rise. The stock price is at $272.00, with a 0.1% increase. Upcoming earnings event is on March 23, 2023, and its IV % Rank is at 28%.</p></li><li><p>Novartis AG (NVS) – This stock has a high option volume of 3,117, but the market sentiment is bearish. Its net delta is -148k, which means that traders are more inclined to short the stock.</p></li></ol><p>Trade at your own risk and visit <a target=“_blank“ href=“www.forexlive.com“>ForexLive.com</a> for additional views.</p>

This article was written by Itai Levitan at www.forexlive.com.

<p>Video: How to invest in gold by buying real gold coins</p><p>If you’re thinking about buying gold as an investment, there are a few things you should know beforehand. This great video covers all you need to know about buying gold or silver without making costly blunders.</p><p>To begin, while purchasing gold, you should concentrate on the most popular sort of gold – government-backed bullion coins. Because these investment-grade coins have no numismatic or collector value, you pay for the gold content plus a modest premium above the current price of gold.</p><p>The American Gold Eagle, which comes in four sizes, is the most popular gold coin in the United States. We recommend that first-time gold buyers start with a one-ounce piece. This coin has a face value of $50 and contains one full ounce of gold. Another popular alternative is the American Buffalo, but because it is a 24 carat gold coin, it must be handled with care.</p><p>When purchasing gold coins, you should consider the spot price of gold, the premium, and sales tax. A fast Internet search will yield the current spot price, which will change. For one-ounce gold coins, the premium is normally around 5%, and sales tax is rarely applicable.</p><p>Gold coins may be purchased safely from local coin shops or internet bullion dealers. Local coin stores usually provide the greatest pricing, but their range is restricted and the coins may be secondary market. Internet dealers are normally more expensive, but you will be able to shop and compare before making a buy.</p><p>When it comes to gold storage, store your coins in capsules or tubes and keep them in a personal safe or safe deposit box. Handle gold with caution since it is easily damaged and dented.</p><p>In conclusion, when purchasing gold as an investment, adhere to the most popular government-backed bullion coins, keep the spot price, premium, and sales tax in mind, and consider storing your gold in a secure location. With these guidelines in mind, you’ll be able to buy gold with confidence and maybe even have some fun with it.</p>

This article was written by Itai Levitan at www.forexlive.com.