Forecasts & Analysis | Indices
ETH Fails to Make a Move ahead of Testnet Launch with Powell in Focus
Following a bullish Tuesday, BTC and ETH were under pressure this morning. Shanghai hard fork updates took a backseat, with investors focusing on the Fed.
DOGE Return to $0.100 Hinged on the Fed Despite Musk Support
Following Tuesday’s breakout session, DOGE and SHIB were under pressure this morning. While network news is bullish, Fed Chair Powell fear lingers.
ADA Price Prediction: Bulls to Target a Pre-Fed $0.418 on Djed Launch
Following a return to $0.400 on Tuesday, it could be a choppy day for ADA. Network updates are bullish while Fed Chair Powell could deliver a blow.
XRP and a Return to $0.4250 in the Hands of Fed Chair Powell
Following the bullish Tuesday session, XRP was under pressure this morning. A lack of SEC v Ripple news will leave Fed Chair Powell in the driving seat.
Hang Seng Index, ASX200, Nikkei 225: Hang Seng Continues to Struggle
It was a bearish morning for the Hang Seng Index, while the ASX200 found support from a bullish NASDAQ Index and manufacturing PMIs for January.
BTC Fear & Greed Returns to the Greed Zone Ahead of Powell
After a bullish Tuesday, BTC will sit in the hands of the Fed today. Talk of taking the foot off the gas would support a late breakout to target $24,000.
Crypto Market Daily Highlights: DOGE Led a Mixed Top Ten Session
Following a bullish Tuesday session, the crypto market will be in for a choppy Wednesday, with the Fed Chair Powell press conference the main event.
Stock Futures Lower as Cautious Investors Brace for Fed’s Latest Rate Hike Decision
The markets’ solid performance in January suggests traders are looking for signs that the Fed may pause rate hikes or even announce a pivot.
S&P 500, NASDAQ Struggle Early Ahead of Rate Hikes, Major Earnings Reports from Apple, Amazon, Alphabet
The subdued price action suggests a conflict between investors looking for an early end to Fed rate hikes and those looking for more rate hikes.