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Chart the Market (04/07/2025)

BTC, H4: Bitcoin extended its rally in the latest session, breaking decisively above its downtrend channel and signaling a shift in market structure that favors a bullish bias. The largest cryptocurrency by market capitalization climbed to a fresh June high of $110,600, underlining the strength of the ongoing upward momentum. Momentum indicators point to furtherContinue Reading
Japanese Yen Volatile Amid Shifting Market Sentiment and Sour U.S.-Japan Trade Talks

Key Takeaways:*The Japanese yen experienced significant volatility, initially strengthening on safe-haven demand as concerns grew over the U.S. fiscal outlook tied to the “Big and Beautiful” tax cut bill. *President Trump has signaled readiness to escalate tariffs if no agreement is reached by next week’s deadline, adding to market uncertainty. Market Summary: The Japanese yenContinue Reading
Wall Street Climbs to Fresh Record Highs as Job Market Resilience

Key Takeaways:*The S&P 500 and Nasdaq extended their record-breaking rally, with the Nasdaq rising over 1%, fueled by a sharp rally in Nvidia. *NFP increased by 147,000, surpassing expectations and reinforcing confidence in the resilience of the U.S. economy. * Investors remain cautious ahead of the expiration of the 90-day tariff pause, which could sparkContinue Reading
Written on July 4, 2025 at 3:22 am
Categories: Daily Market Analysis
Tags: Nasdaq, NFP, US TAX BILL, wall street
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