About Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.
18 03, 2025

aXichem takes up credit facility with support from EIF, for continued establishment of aXiphen in Brazil — TradingView News

By |2025-03-18T10:08:20+02:00March 18, 2025|Dietary Supplements News, News|0 Comments


aXichem AB

aXichem AB (publ), (aXichem), developer of innovative natural analogue feed additives and dietary supplement ingredients, announces that the company has taken out a credit facility of five million SEK with support from the European Investment Fund (EIF). The credit is being taken out with the aim of securing financing to produce aXichem’s feed additive aXiphen, for delivery to the company’s distributor in Brazil, Chr. Olesen. As previously announced, Chr. Olesen placed an order for aXiphen worth approximately seven million SEK in February this year. The order will be delivered by call-off in 2025.

Torsten Helsing, CEO of aXichem, comments:

“It is very positive that through this credit facility and the support from the EIF, we can cost-effectively produce and deliver aXiphen in line with market expectations. With support from the EIF, the company has a flexible financial solution for continued expansion in the animal feed market in Brazil.”

The information was submitted, through the care of the contact person below, for publication on 18 March 2025, at 08:30 AM CET.

Company contact:

Torsten Helsing, CEO, aXichem AB,

Phone: +46 706 863 355 Email: torsten.helsing@axichem.com

About aXichem

aXichem develops, patents and markets natural analogue industrial chemicals, i.e., synthetically produced substances that have similar and comparable properties to natural substances. The company’s first product is phenylcapsaicin, which the company commercializes under two brands, aXiphen® and aXivite®, as an ingredient in animal feed and dietary supplements, respectively. The business is divided into three market areas with different applications for phenylcapsaicin: as an ingredient in feed for poultry, such as chicken and turkey; as an ingredient in food supplements for gut health, weight control and sports and exercise; and as an ingredient in food supplements for the bio-enhancement of curcumin and melatonin. aXichem is listed on the Nasdaq First North Growth Market. Certified advisor for aXichem is Västra Hamnen Corporate Finance AB.

More information is available at www.axichem.com

https://news.cision.com/se/axichem-ab/r/axichem-takes-up-credit-facility-with-support-from-eif–for-continued-establishment-of-axiphen-in-br%2Cc4120032

aXichem takes up credit facility with support from EIF, for continued establishment of aXiphen in Brazil



Source link

18 03, 2025

While XRP Sets Sights on a $5 Breakout, Remittix (RTX) May Achieve That Milestone First

By |2025-03-18T10:02:18+02:00March 18, 2025|Crypto News, News|0 Comments

Crypto headlines are focused on XRP price predictions today due to the upcoming April 16 conclusion of the Ripple vs. SEC courtroom battle. XRP has been burdened by this legal dispute since December 2020 and may soon resolve its regulatory uncertainty.

Another project called Remittix (RTX) remains under the public eye while its presale performance signals upcoming success that surpasses XRP’s current trajectory. Investors are demonstrating their enthusiasm for this leading DeFi coin because of various significant factors. Let’s find out!

XRP Price Predictions: Can SEC Ruling Ignite $5 Rally?

The Ripple vs. SEC lawsuit, which concluded on April 16, 2025, remains the determining factor for XRP’s future. This case, which challenges if XRP is a security, has been the main factor behind Ripple’s stagnating price for over four years prior to XRP surge in December 2024.

While XRP Sets Sights on a  Breakout, Remittix (RTX) May Achieve That Milestone First

XRP maintains a trading value of  around $2.33 on March 17 and has climbed 5.7% since the previous week yet remains at a 30% decline from its $3.10 peak reached on March 3 according to Coingecko data. 

The analysts at Coinpedia predict XRP will reach $5 by mid-2025 after a positive court decision brings back institutional investors and regulatory clarity. XRP faces the possibility of falling to $1.50 in case the court rules against it instead of reaching the predicted $5 by 2025.

Recent industry developments strengthen the case for an XRP price increase. The major European bank collaboration between Ripple became public on March 10 which expanded its worldwide footprint. Network utilization seems to be declining based on reports of a staggering 90% reduction in payment volume.

The $5 price target for XRP depends on successful litigation for its utility while competing against newer projects such as Remittix.

Remittix (RTX): The PayFi Pioneer That Will Disrupt Global Payments

The Remittix (RTX) platform enters the crypto market to provide a disruptive PayFi platform that combines blockchain effectiveness with fiat usability for transforming international money transfers. 

Users can send money across the world using Remittix without hidden fees because it offers a flat-fee payment structure. Remittix operates under an inclusive mission which enables users to make payments through multiple options worldwide. 

The disruptive nature of RTX as a fintech company exists in the way its modern technology and practical features generate excitement about achieving lasting success.

The Remittix presale has achieved extraordinary results. The fundraising campaign for March 17, 2025 reached $13.9 million in investments by distributing tokens at $0.0734 each price point which reflects promising future potential.

The market has already purchased 520 million RTX tokens which indicates the tokens may increase by 800% before the presale ends. The Remittix platform reaches higher demand by implementing gradual token distribution among its 2 billion token supply.

The platform combines blockchain with fiat banking to deliver superior performance than XRP’s bank-based system alongside a flourishing community structure that differs from XRP’s corporate management system. The current market forces XRP to challenge for recognition but Remittix moves toward achieving the $5 price point and greater success through its innovative trustworthy system.

Don’t Miss Out: Get Your Remittix Tokens Before the Presale Ends

The opportunity Remittix provides goes beyond traditional investment because it guarantees access to revolutionary international payment technology. 

The courtroom battles around XRP do not affect Remittix development as the platform keeps moving forward with its established community ensuring long-term success beyond market speculation. Join now and secure your future!

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix


Post Views: 233

Source link

18 03, 2025

Brent Crude Oil Price Poised for Further Gains – Today’s Forecast – 18-03-2025

By |2025-03-18T08:16:05+02:00March 18, 2025|Forex News, News|0 Comments


The price of crude oil has risen in recent intraday trading, confirming the break of a short-term downward sub-trendline.

This move is supported by its continuous trading above its 50-day simple moving average.

Additionally, it is trading along an upward corrective trendline, with the onset of a positive RSI crossover after the indicator reached significantly exaggerated oversold levels relative to the price movement.

Our forecast indicates further corrective upward movement for oil in the upcoming sessions, especially if it manages to break the resistance at $67.95.

Such a breakthrough would confirm the bullish double bottom pattern, with the price then targeting the resistance level at $70.00 as the next price target.

To get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!





Source link

18 03, 2025

GBP/USD Takes a Breather – Today’s Forecast – 18-03-2025

By |2025-03-18T08:08:57+02:00March 18, 2025|Forex News, News|0 Comments

The British Pound against the Dollar (GBPUSD) retreated in its intraday trading due to the firm key resistance at 1.2985, as the pair rushed to lock in profits from its recent gains. It is also trying to shed some of its obvious bullish overbought condition indicated by the RSI—especially as a negative crossover begins to form—to consolidate positive momentum that might help it break through this resistance. This occurs amid the dominance of the primary uptrend and trading along both primary and secondary trendlines, in addition to continuous trading above its 50-day simple moving average, which provides further positive pressure.

 

Therefore, our forecast is for the pair to rise in the upcoming sessions, particularly if it manages to break the aforementioned resistance at 1.2985, and then immediately target the first resistance level at 1.3050. This bullish scenario remains valid as long as the support at 1.2900 holds.

To get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!



Source link

18 03, 2025

Superfood-Packed Drink Mixes : Superfoods Drink Mix

By |2025-03-18T08:07:03+02:00March 18, 2025|Dietary Supplements News, News|0 Comments


Big Greens Superfoods Drink Mix is a multifunctional refreshment option created with everyday nutritional needs in mind to offer consumers a simple yet flavorful way to meet their dietary requirements. The product comes in two flavor options including Berry Good and Just Chocolate, which are both formulated with high doses of spirulina, KSM-66 ashwagandha, the DE111 probiotic and more than 40 superfoods. The product is thus great for supporting immune system function, while also helping with muscle recovery, proper muscle contractions and even helping with reducing oxidative stress.

Big Greens Superfoods Drink Mix will start hitting retailers in May 2025 in 10.4-ounce tbs with 30 servings in each. Shoppers will be able to find it at a variety of select retailers as well as online.



Source link

18 03, 2025

Fresh record highs and counting for XAU/USD as geopolitics Fed take centerstage

By |2025-03-18T06:15:10+02:00March 18, 2025|Forex News, News|0 Comments


  • Gold price sits at all-time highs above $3,000 as Middle East tensions escalate.
  • US Dollar finds haven demand as geopolitics outweigh economic uncertainties.
  • Gold price eyes more upside as the daily technical setup stays bullish.

Gold price is holding firm in Asian trades on Tuesday, building on its record-setting uptrend. Escalating Middle East geopolitical tensions are the primary driver behind the latest leg up in Gold price.

Gold price capitalizes on geopolitical jitters ahead of Fed      

Reuters reported early Tuesday that a ceasefire between Israel and Hamas collapsed after Israeli military hit targets across Gaza, with Palestinian health ministry officials reporting at least 100 dead.

Israeli Prime Minister Benjamin Netanyahu’s office accused Hamas of “repeated refusal to release our hostages” and rejecting proposals from US President Donald Trump’s Mideast envoy Steve Witkoff.

In response, Hamas turned down the proposal of releasing 59 hostages still held in Gaza.

Further, some unconfirmed reports that an Iranian ship gathering intelligence was sunk by US forces as Gaza attacks took place added to the Middle East tensions. Over the weekend, US launched airstrikes on large-scale strikes on Yemen, targeting the Iran-backed militant group – Houthis. In response, Houthis attacked US vessels in the Red Sea.

Investors scurried to the traditional safe-haven Gold price on intensifying geopolitical risks as economic uncertainties linger on the Trump-induced global trade war.

White House reaffirmed on Tuesday that the reciprocal tariffs will go into effect on April 2. Meanwhile, US Retail Sales data for February rose less than expected, coming in at 0.2% on a monthly basis. The market forecast was for a 0.7% growth.

The data added to the US economic slowdown worries, helping Gold price stay afloat on Monday while the US Dollar (USD) continued to remain at the losing.

However, in Tuesday’s trading, the US Dollar finds fresh buyers on a flight to safety alongside Gold price. It remains to be seen if the Greenback can extend the rebound ahead of Wednesday’s US Federal Reserve (Fed) policy announcements.

That said, markets could resort to repositioning, cashing in on their Gold longs following the ongoing record-setting rally. For now, geopolitics will remain in the spotlight, driving the Gold price action in the sessions ahead.

Gold price technical analysis: Daily chart

Gold price looks to extend the upside break of an ascending triangle formation as confirmed last Thursday.

Having found acceptance above the $3,000 psychological barrier on Monday, Gold buyers now keep their sight on the $3,050 mark.

The 14-day Relative Strength Index (RSI) is grinding higher, prodding the overbought region near 69.50 at the press time. The leading indicator suggests that there is more room for the upside.   

If a correction sets in, Gold price could challenge the initial demand area near the $2,980 level.

The next downside caps are at the previous triangle resistance-turned-support at $2,956 and the 21-day Simple Moving Average (SMA) at $2,929.

Gold FAQs

Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

 



Source link

18 03, 2025

Awaits Fed & BoJ Signals (Chart)

By |2025-03-18T06:07:44+02:00March 18, 2025|Forex News, News|0 Comments

  • Recent signals from the Bank of Japan indicating its readiness for further monetary policy tightening will be met this week by signals from the US Federal Reserve, which could cause strong and influential fluctuations in the USD/JPY currency pair.
  • The pair attempted to recover in recent trading sessions from losses that reached the support level of 146.54, the lowest for the pair in five months.
  • However, the upward rebound gains did not exceed the resistance level of 149.05, and it will begin trading this important week stable around 148.62 amidst attempts by both bears and bulls to take control.

Recently, US tariffs have rattled markets, in response to Trump’s threats. The United States imposed new global tariffs of 25% on steel and aluminium, without any exemptions, adding to the existing 20% ​​tariffs on Chinese goods. This comes 22 days before the US begins its broader experiment in counter-trade policy, “reciprocal tariffs.”

As expected, retaliatory tariffs have begun to pile up, first from Canada, soon from Europe, and then from China. Numerous additional tariffs are likely to be imposed in April and the months to come. The Peterson Institute estimates that US households will spend approximately $1,000 more annually due to the latest tariffs, and this amount will increase significantly after the April 2 round begins.

US President Trump told reporters last week that there would be no exemptions from the April 2 round of tariffs once they are imposed, suggesting that negotiations are expected beforehand. US administration officials have indicated in various ways that some “disruption” or, according to Treasury Secretary Besant, “a period of recovery” lies ahead, with rising prices and market volatility. However, they say it will be worth it in the indefinite long term, as businesses relocate to the United States, employment increases, and manufacturing grows. They point out that their goal is to shift the economy from a government-led to a private-sector-led economy.

However, reading the US Consumer Price Index (CPI) report, which showed lower inflation pressures than expected in February, is somewhat irrelevant regarding tariffs, as they are a common phenomenon in March. The CPI result gave US stocks an initial boost, but it was quickly overshadowed by other factors.

Trading Tips:

The dollar against the Japanese yen remains on a downward trajectory as long as it remains below 150.00. Beware of the events of this important week.

Despite Pressure, US Stocks Close Higher

By the end of last week’s trading, US stock market indices concluded a difficult week with a notable rise, with the S&P 500 index jumping 2.1%, the Dow Jones by 674 points, and the Nasdaq 100 by 2.5%. In general, the easing of fears of a government shutdown and investor resilience in the face of weak US consumer confidence data contributed to the market rise. Recently, Senate Minority Leader Chuck Schumer indicated his support for a Republican-backed funding bill, reducing political uncertainty. However, the University of Michigan’s US consumer confidence index fell to 57.9 points, its lowest level since November 2022, reflecting concerns about inflation and tariffs.

Tech stocks led the recovery, with Nvidia shares rising 5.3%, while Tesla, Meta, Amazon, and Apple shares rose more than 1%. Palantir shares also jumped 8.3%, defying concerns about a potential cut in defence spending.

Despite Friday’s gains, the S&P 500 and Nasdaq fell more than 2% each for the week, while the Dow Jones Industrial Average fell 3.1%—its worst weekly performance since March 2023.

USD/JPY Technical Analysis and Expectations Today:

According to daily chart trading, the general trend for the USD/JPY currency pair remains downward. As we mentioned before, moving below 150.00 will continue to support the bears in moving towards stronger support levels, the closest of which are currently 147.70, 146.90, and 145.00, respectively, and will be sufficient to push technical indicators towards strong oversold levels. In contrast, and on the same time frame, a break of the current downward trend will occur if the bulls succeed in pushing the USD/JPY pair towards the resistance levels of 150.50 and 151.40, respectively.

Ultimately, the USD/JPY pair will continue to trade within narrow ranges around its current trajectory until markets and investors react to the US Federal Reserve’s announcement and determine whether investors are willing to take risks.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out.

Source link

18 03, 2025

Diet and targeted supplements can support cognitive longevity

By |2025-03-18T06:06:04+02:00March 18, 2025|Dietary Supplements News, News|0 Comments


Experts at Chi Longevity have cautioned against a one-size-fits-all approach – and stressed the goal is to provide nutrients for neuroplasticity – the brain’s ability to change and respond to stimuli.

According to Chi Longevity’s senior dietician Denise Teo, there are nutritional interventions that are backed by large-scale clinical studies on diet and cognitive health.

Diets for brain longevity

“When designing nutrition plans, we base our recommendations on established dietary principles rather than advocating for one specific diet.

“There are numerous dietary approaches with proven benefits, including plant-based diets, the Mediterranean diet, and various regional adaptations. Each has unique advantages, and we tailor recommendations to suit individual health goals and lifestyles,” said Teo.

For older adults at risk of dementia, a Mediterranean-style diet could be effective in managing cognitive function.

This is demonstrated in the 2015 Finnish Geriatric Intervention Study to Prevent Cognitive Impairment and Disability (FINGER) trial, a two-year study in Finland that demonstrated how a combination of nutrition guidance, cognitive training, physical exercise, and vascular risk monitoring could significantly improve cognitive function in older adults at risk of dementia.

With over 1,200 participants aged 60–77, those in the intervention group – who followed a diet similar to the Mediterranean diet, alongside structured cognitive and physical training – showed higher overall cognitive scores, better executive function, and faster processing speed compared to the control group.

Older adults can also benefit from the Dietary Approaches to Stop Hypertension (DASH) diet, which was originally designed for cardiovascular health.

Studies suggest that older adults following DASH with weight management strategies exhibited improved executive function, memory, and processing speed.

Research has also shown that Asian plant-based dietary patterns have been linked to better memory and higher global cognition scores in older adults, said Teo.

For example, the diets associated with improved cognitive outcomes feature stir-fried and fermented vegetables (pickled cabbage), which could enhance the bioavailability of phytochemicals.

Similarly, a “multigrain rice” dietary pattern – such as brown rice, millets, black rice, barley – compared with a “white rice and noodles” dietary pattern was shown to reduce the risk of cognitive impairment in elderly Asians.

To further boost brain health, targeted supplementation on a needs basis can enhance cognitive function across all ages.

Tailored supplementation for cognitive function

Chi Longevity applies advanced diagnostic techniques to detect the precise markers of biological age, then influences these hallmarks of ageing to deliver a personalised health programme.

Within the growing longevity market, the firm says supplements for cognitive health are gaining popularity.

“Nootropics and adaptogens are gaining popularity, with people increasingly seeking naturally sourced products that can enhance specific cognitive functions.

“Many of our clients are already taking supplements such as ashwagandha, various types of ginseng, Bacopa monnieri, and Ginkgo biloba. However, the choice of supplement should ultimately align with the user’s specific goals.

“We emphasise a needs-based approach rather than overprescribing. For example, we wouldn’t recommend protein powder to everyone – only to those who are not getting enough protein through their diet, making poor dietary choices, or struggling to find natural food sources to meet their needs,” Teo explained.

However, she cautioned that while emerging research suggests certain nootropics can provide modest cognitive benefits, more studies are needed to fully understand their long-term impact.

Apart from omega-3 fatty acids and creatine, which are widely known to benefit brain and cognitive functions, antioxidants are also gaining traction.

For example, curcumin has been shown to support working memory and mood regulation, making them another option for cognitive support.

However, Teo cautioned against excessive supplementation, noting that vitamins D, folate, and B12 should only be taken in cases of deficiency, as studies show no added cognitive benefit otherwise.

Going forward

As research progresses, new dietary interventions show promise for cognitive longevity.

The MIND diet, which blends Mediterranean and DASH principles, prioritizes brain-healthy foods like leafy greens, berries, and whole grains. Observational studies suggest it may slow cognitive decline, though long-term trials are ongoing.

Next is the ketogenic diet, which promotes high fat and very low carbohydrate intake, has been linked to improved cognition in those with mild cognitive impairment or early Alzheimer’s. Potential benefits include enhanced neuronal energy efficiency and reduced inflammation.

Additionally, intermittent fasting, where food intake is restricted for at least 12 hours, has been linked to better brain function, metabolism, and overall cognitive performance.

Research suggests that fasting triggers the release of brain-derived neurotrophic factor (BDNF), a protein that supports learning and memory. It also helps reduce inflammation and activates autophagy, the body’s natural process of clearing out damaged cells.

The company is now expanding its approach by focusing on the brain-body training approach, which integrates medical diagnostics with nutritional and physical fitness interventions, enhance cognitive health at any life stage.

This new approach to enhancing brain function was put in the spotlight with the 18 February 2025 announcement of Chi Longevity’s acquisition of Asia’s first brain-health gym, Sparkd.

Sparkd will play a crucial role as the physical and cognitive training component of the client’s programme – the training will include a combination of cardio, strength, balance, motor skills, and coordination exercises, said Milani.

Clients are also continuously reassessed, with their diagnostics updated in a common portal that can be accessed by the nutritional or physical training coaches working with them.



Source link

18 03, 2025

XAG/USD hovers near $34.00 as bulls take a breather

By |2025-03-18T04:14:05+02:00March 18, 2025|Forex News, News|0 Comments


  • Silver holds at $33.85, struggling to breach the $34.00 resistance as momentum stalls for the third straight session.
  • RSI flattens near overbought levels, suggesting bulls may be regrouping before a push toward last year’s $34.86 peak.
  • Failure to clear $34.00 could trigger a pullback, with support at $33.39, followed by a key floor at $33.00.

Silver prices consolidated near the $33.80 mark for the third consecutive trading day, with buyers struggling to clear the $34.00 a troy ounce mark. At the time of writing, as the Asian session commences, the XAG/USD trades at $33.85, which is virtually unchanged.

XAG/USD Price Forecast: Technical outlook

Silver’s price rally halted once the grey metal peaked yearly at $34.08. Since then, buyers have lacked the strength to drive the precious metal to challenge last year’s peak of $34.86, which, if taken out, would pave the way for testing the $35.00 mark.

Worth noting that the Relative Strength Index (RSI) turned flat near overbought territory. This hints that buyers could be taking a breather before launching an assault to challenge higher prices.

Conversely, XAG/USD failed to conquer $34.00, paving the way for a pullback. The first support would be the February 14 high of $33.39. A breach of the latter will expose the $33.00 figure, followed by the 50-day Simple Moving Average (SMA) at $30.57.

XAG/USD Price Chart – Daily

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

 



Source link

18 03, 2025

Rises past 149.00 as traders eye key resistance

By |2025-03-18T04:07:08+02:00March 18, 2025|Forex News, News|0 Comments

  • USD/JPY climbs 0.34%, extending its two-day rally, with buyers eyeing the critical 150.00 level.
  • US Retail Sales data impresses, but weak manufacturing figures cast doubts on economic momentum.
  • Technical outlook: A daily close above 150.00 could open the door to 150.67, while support lies at 149.00.

The USD/JPY rose for the second straight day, climbing past the 149.00 figure late in Monday after US economic data was mixed, following good Retail Sales data and a dismal New York Fed Empire State Manufacturing Index report. At the time of writing, the pair gains over 0.34%.

USD/JPY Price Forecast: Technical outlook

The USD/JPY is downward biased despite rebounding near 146.50. This exacerbated a 250-pip rally capped by the Tenkan-sen dynamic resistance at 148.36. Although the latter has been cleared, buyers cannot conquer the next key ceiling level, which is seen at 150.00.

A daily close above the latter could drive the USD/JPY toward the Senkou Span A at 149.51, followed by the Kijun-sen at 150.67.

On the other hand, if USD/JPY struggles at 150.00, the first support is 149.00. On further weakness, sellers could push the exchange rate toward the Tenkan-sen at 148.36, ahead of 148.00, followed by the March 13 low of 147.41.

USD/JPY Price Chart – Daily

Japanese Yen PRICE Today

The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the US Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.41% -0.43% 0.30% -0.68% -0.88% -1.36% -0.49%
EUR 0.41%   -0.13% 0.31% -0.26% -0.59% -0.96% -0.10%
GBP 0.43% 0.13%   0.78% -0.34% -0.49% -0.84% -0.03%
JPY -0.30% -0.31% -0.78%   -0.97% -1.38% -1.58% -0.90%
CAD 0.68% 0.26% 0.34% 0.97%   -0.41% -0.68% -0.35%
AUD 0.88% 0.59% 0.49% 1.38% 0.41%   -0.33% 0.52%
NZD 1.36% 0.96% 0.84% 1.58% 0.68% 0.33%   0.87%
CHF 0.49% 0.10% 0.03% 0.90% 0.35% -0.52% -0.87%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).

 

Source link

Go to Top