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#ReboundRally Log in Analysis Rate cut optimism fuels the rebound rally 11/13/2024 22:17:00 GMT | By Stephen Innes Rate cut optimism fuels the rebound rally Markets Stocks rallied on Wednesday, bouncing back from Tuesday's dip, which had interrupted a post-election winning streak. The trigger? Inflation data that landed right on target was a breath of fresh air for traders navigating the recent chaos of unpredictable economic indicators. The news brought a wave of optimism, especially as it nudged the odds for a December rate cut up to 80%, solidifying hopes for what some stock traders call the "ultimate holiday stocking stuffer." With 34 days to go, futures traders are now assigning an 82% probability to a December rate cut, according to the Fed Watch tool—a scenario that beats receiving the dreaded lump of no rate-cut coal in the holiday stocking. The consumer price index met expectations, easing fears of a surprise uptick that might have thrown a wrench in the Fed’s easing plans. Even Fed hawks got in on the cheer, with Minneapolis Fed President Neel Kashkari expressing his confidence on TV that inflation is “headed in the right direction.”
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#MarketRebound The current bullish momentum of USUAL is quite impressive, with the token recently hitting a high of $1.635. Here are some key points to consider: - *Price Action*: USUAL has broken through key resistance levels and is currently trading at $1.4378, indicating strong upward momentum. - *Moving Averages (MA)*: The 7-day MA is at $0.9899, showing strong short-term bullish momentum, while the 25-day MA is lagging at $0.6049, suggesting a potential pullback
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#ChristmasMarketAnalysis As we approach Christmas, the crypto market is showing signs of mixed sentiment. Bitcoin, the largest cryptocurrency, has been trading in a narrow range around the $100,000 mark, with some analysts predicting a potential breakout to the upside in the coming weeks. Other major cryptocurrencies like Ethereum, Binance Coin, and Solana have also seen some price stability, with moderate gains in recent days.
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#ChristmasMarketAnalysis i love binance btcand bnb
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$BTC #BTC Outlook will Btc crash was something $BTC the whales and many big names brought the dip but there are still uncertainty that it can either touch 90000k and then recover or directly ..
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