Forecasts & Analysis

As of 5:30 PM, EST BTC futures are trading up 4.68% ($1,775) on the day and trading at $39,740.

Following a broad-based crypto rally on Wednesday, the majors would need to avoid the day’s pivot levels else face a reversal.

It’s been a mixed start to the day for Dogecoin. Avoiding the day’s pivot would bring $0.21 levels into play, however.

After a bullish Wednesday, the majors would need to avoid the day’s pivot levels to support another move northwards.

After a day of declines, stock futures are leaning toward green. 

It’s a quieter day ahead on the economic calendar. German factory orders and U.S jobless claims will be in focus, however. Corporate earnings will also continue to provide direction on the day.

As the S&P 500 chugs higher and higher, have you been monitoring the sector strength over the last month? Taking a deeper look into leading sectors paints a different picture.

ADP released July’s jobs report, which indicated a dramatic decline from June to July. Private companies added only 330,000 jobs last month, falling far below the initial estimates of 653,000.

The dollar continues to rebound

ISM services surge to fresh highs