USD/JPY trades at 159.359 after gaining 41 pips from Monday's open, with Tokyo inflation data and US GDP the key tests ahead.
Dogecoin closed Wednesday's Asian session at $0.1016, down 0.47% from Monday's open at $0.1021. The meme token touched a week high of $0.1037 Tuesday before selling off to $0.1001, its lowest print since early May.
Tuesday's sharp reversal from $0.1037 to $0.1001 came on elevated volume of 5,358 contracts, the highest turnover in two weeks. The 0.0036 intraday range marked Dogecoin's most volatile session this month as traders squared positions ahead of month-end.
With no major crypto-specific catalysts scheduled for Thursday or Friday, Dogecoin will likely track broader risk sentiment and Bitcoin correlation into the weekend. If risk appetite improves, DOGE could retest Tuesday's $0.1037 high. A risk-off move would put the $0.10 round number back in focus.
LHFX clients hold 73% long positions versus 27% short as of Wednesday morning. This 46-point bullish skew suggests retail traders are buying the dip below $0.102, betting on a recovery before Friday's close.
The $0.1001 Tuesday low sits just above the psychological $0.10 level. If buyers defend this zone through Friday, the week could close back near $0.1020. A break below $0.10 would open the door to further downside.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa. Trade crypto CFDs with LHFX.
EUR/USD sits at 1.16379 after grinding sideways for three days, with positioning nearly balanced at 51.6% long.
LHFX inajumuisha vyombo vifuatavyo:
LHFX ni jina la biashara la Longhorn Ltd, kampuni ya Mauritius iliyoidhinishwa na kudhibitiwa na Tume ya Huduma za Kifedha ya Mauritius chini ya leseni ya Investment Dealer nambari GB23202204, Msimbo SEC-2.1B. Anwani ya Ofisi: Suite 102, Ghorofa ya 1, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius. Nambari ya GBC C200455
LHFX SA (PTY) Ltd ni Mtoa Huduma za Kifedha aliyeidhinishwa ("FSP") aliyesajiliwa na kudhibitiwa na Mamlaka ya Mwenendo wa Sekta ya Fedha ("FSCA") ya Afrika Kusini chini ya nambari ya leseni 52816. Anwani ya usajili: 1 Hood Avenue Rosebank Johannesburg Gauteng 2196
Longhorn Ltd haitoi huduma za ubadilishaji wa Fiat wala huduma za ubadilishaji wa Cryptocurrency.
Taarifa zilizomo katika tovuti hii haziwakilishi, wala hazifai kuchukuliwa au kueleweka kama msukumo au mwito wa kushiriki katika shughuli yoyote ya uwekezaji au biashara katika eneo lolote ambapo shughuli hiyo ingekuwa kinyume na sheria au kanuni za mahali hapo.
LHFX haitoi huduma kwa raia na wakazi wa Marekani au nchi yoyote ambako usambazaji au matumizi kama hayo yangekuwa kinyume na sheria au kanuni za ndani.
ONYO LA HATARI
Biashara ya margin katika sarafu za kigeni, mali za kidijitali au bidhaa nyingine za nje ya soko kwa margin inabeba kiwango cha juu cha hatari na inaweza kutoendana na kila mtu. Tunakushauri uzingatie kwa makini kama biashara inakufaa kwa kuzingatia hali yako binafsi.
CFD ni vyombo tata na vinabeba hatari kubwa ya kupoteza fedha kutokana na leverage. Fikiria kama unaelewa jinsi CFD zinavyofanya kazi na kama unaweza kumudu hatari kubwa ya kupoteza fedha.
Kodi inaweza kulipwa kwa faida yoyote na unapaswa kutafuta ushauri huru kuhusu hali yako ya kodi.