hodler

27 Apr 2026, 08:13

DOGE Technical Analysis 27 April 2026: Market Structure

DOGE is maintaining its uptrend structure with HH/HL, $0.1022 BOS is critical. A break below $0.0955 brings CHoCH and initiates LH/LL.

27 Apr 2026, 08:10

Australian Dollar Advances as Surging Energy Prices Intensify RBA Rate Hike Bets: Market Impact Analysis

BitcoinWorld Australian Dollar Advances as Surging Energy Prices Intensify RBA Rate Hike Bets: Market Impact Analysis The Australian Dollar advances against major peers as surging energy prices increased RBA rate hike bets, reshaping expectations for the Reserve Bank of Australia’s next move. This development signals a pivotal shift in the currency’s trajectory, driven by global commodity dynamics and domestic inflation pressures. Australian Dollar Advances: The Energy Price Catalyst The Australian Dollar advances on the back of a sharp rally in energy commodities. Crude oil prices climbed over 4% in the last trading week, while natural gas futures surged 6.2% amid supply concerns from OPEC+ production cuts and geopolitical tensions in the Middle East. Australia, as a major energy exporter, directly benefits from these price spikes. Higher export revenues strengthen the country’s terms of trade, attracting foreign capital and boosting the AUD. Market analysts at Westpac note that the correlation between energy prices and the Australian Dollar has strengthened to 0.78 over the past month. This indicates a robust positive relationship. When energy prices rise, the AUD typically follows. The current rally has pushed the AUD/USD pair above the key resistance level of 0.6700, a level not seen since early February. Impact on Export Revenues Australia’s liquefied natural gas (LNG) exports, valued at over AUD 70 billion annually, receive a direct boost from higher prices. The Department of Industry, Science and Resources projects a 15% increase in export earnings for the current quarter. This influx of foreign currency increases demand for the Australian Dollar, providing a fundamental tailwind. LNG exports: Projected to rise 15% this quarter Coal exports: Thermal coal prices up 8% in March Iron ore: Stable but benefiting from broader commodity rally RBA Rate Hike Bets Intensify Amid Inflation Worries The RBA rate hike narrative has gained significant momentum. Money markets now price in a 65% probability of a 25-basis-point hike at the May meeting, up from 40% just two weeks ago. This shift reflects the transmission of higher energy costs into consumer prices. Australia’s February CPI reading came in at 4.1% year-on-year, above the RBA’s target band of 2-3%. Governor Michele Bullock’s recent testimony before the House of Representatives Standing Committee on Economics emphasized that the board remains vigilant against persistent inflation. She stated that the energy price shock presents a material upside risk to the inflation outlook. The market interpreted this as a hawkish signal, prompting a repricing of rate expectations. Meeting Date Probability of Hike Previous Probability May 2025 65% 40% June 2025 55% 35% August 2025 45% 30% Comparing to Global Peers The AUD/USD pair has outperformed other commodity currencies like the Canadian Dollar and New Zealand Dollar. The Canadian Dollar, despite oil exposure, lags due to Canada’s housing market vulnerability. The New Zealand Dollar suffers from weaker dairy prices. Australia’s diversified commodity base and proactive central bank stance provide a unique advantage. Technical Analysis: AUD/USD Breaks Resistance From a technical perspective, the AUD/USD pair has broken above the 200-day moving average for the first time since December 2024. This signals a bullish trend reversal. The Relative Strength Index (RSI) sits at 62, indicating room for further upside before entering overbought territory. Key resistance levels now lie at 0.6780 and 0.6850. Support levels have shifted higher. The 0.6650 level, previously a resistance, now acts as support. A sustained break above 0.6780 could open the path toward 0.7000, a psychological barrier. Traders should monitor the weekly close above 0.6700 to confirm the breakout. Global Context: Energy Crisis and Central Bank Responses The surge in energy prices is not isolated to Australia. Global benchmark Brent crude trades above USD 90 per barrel, while European natural gas prices have spiked 20% in March. This creates a complex environment for central banks worldwide. The Federal Reserve, European Central Bank, and Bank of Japan all face similar inflation trade-offs. The Reserve Bank of Australia’s response differs from the Fed. While the Fed has signaled potential rate cuts later this year, the RBA leans toward tightening. This policy divergence supports the Australian Dollar. Higher interest rates attract carry trade flows, where investors borrow in low-yielding currencies like the Japanese Yen to invest in higher-yielding AUD assets. Expert Perspective Dr. Sarah Johnson, Chief Economist at the Australian National University, explains: “The energy price shock creates a classic dilemma for the RBA. Raising rates risks slowing the economy, but inaction could entrench inflation expectations. The board’s recent hawkish tone suggests they prioritize inflation control.” This view aligns with market pricing. The overnight indexed swap (OIS) curve now implies a terminal cash rate of 4.60%, up from 4.35% currently. This represents two additional 25-basis-point hikes. Impact on Australian Households and Businesses Higher energy prices directly affect Australian households. Petrol prices at the pump have risen to AUD 2.10 per liter, up 15 cents from last month. Electricity prices, though regulated, face upward pressure from wholesale costs. The Australian Energy Regulator (AER) has flagged a potential 10% increase in default market offers for the next financial year. Businesses, particularly in manufacturing and transport, face margin compression. The Australian Industry Group’s monthly survey shows input costs rising at the fastest pace in six months. However, the mining and energy sectors experience windfall profits. This divergence creates uneven economic outcomes across sectors. Timeline of Key Events March 1: OPEC+ announces extended production cuts, oil prices jump 3% March 10: Australia’s February CPI exceeds expectations at 4.1% March 15: RBA Governor Bullock delivers hawkish testimony March 20: AUD/USD breaks above 0.6700 resistance March 25: Market prices 65% probability of May rate hike Future Outlook: What to Watch The trajectory of the Australian Dollar depends on several factors. First, the April 2 OPEC+ meeting will determine if production cuts continue. Second, Australia’s March CPI release on April 24 will provide the latest inflation snapshot. Third, the RBA’s May 6 meeting will be the decisive event. Analysts at Commonwealth Bank project the AUD/USD could reach 0.6900 by June if energy prices remain elevated and the RBA delivers a hike. Conversely, a surprise easing in inflation or a collapse in energy prices could reverse gains. The risk-reward profile favors the upside given current momentum. Conclusion The Australian Dollar advances as surging energy prices increased RBA rate hike bets, creating a powerful tailwind for the currency. Higher commodity export revenues, hawkish central bank signals, and favorable technical patterns all support further gains. However, risks remain, including potential economic slowdown from higher rates and geopolitical uncertainties. Investors should monitor energy markets and RBA communications closely for the next catalyst. This development underscores the interconnectedness of commodity markets, monetary policy, and currency valuations in today’s global economy. FAQs Q1: Why does the Australian Dollar advance when energy prices rise? Australia is a major exporter of energy commodities like LNG and coal. Higher prices increase export revenues, improve the terms of trade, and attract foreign investment, boosting demand for the AUD. Q2: How do RBA rate hike bets affect the AUD? Higher interest rates make Australian assets more attractive to foreign investors, increasing demand for the Australian Dollar. Rate hike expectations also signal the RBA’s commitment to controlling inflation, which supports currency stability. Q3: What is the current AUD/USD outlook? The AUD/USD pair has broken above key resistance at 0.6700 and shows bullish momentum. Analysts project a potential move toward 0.6900 by mid-2025 if energy prices remain high and the RBA hikes rates. Q4: How does the energy price surge impact Australian households? Higher petrol and electricity prices increase living costs. The Australian Energy Regulator warns of a 10% rise in default electricity offers, adding pressure on household budgets. Q5: What risks could reverse the Australian Dollar’s advance? A sharp decline in energy prices, weaker-than-expected inflation data, or a dovish shift from the RBA could reverse gains. Global risk aversion or a stronger US Dollar also pose downside risks. This post Australian Dollar Advances as Surging Energy Prices Intensify RBA Rate Hike Bets: Market Impact Analysis first appeared on BitcoinWorld .

27 Apr 2026, 08:05

EUR/USD Holds Above 1.1700 Despite Downbeat German Consumer Confidence – Resilient Market Analysis

BitcoinWorld EUR/USD Holds Above 1.1700 Despite Downbeat German Consumer Confidence – Resilient Market Analysis EUR/USD holds above 1.1700 despite downbeat German consumer confidence data released today. The currency pair demonstrates remarkable resilience in the face of negative economic sentiment from Europe’s largest economy. This analysis examines the factors behind the euro’s strength and the broader market implications. EUR/USD Holds Above 1.1700: Key Market Dynamics The EUR/USD pair maintains its position above the critical 1.1700 level. This occurs despite the GfK German consumer confidence index falling to -1.8 for September. The index missed expectations of -0.5. Many traders expected a sharper decline in the euro. However, the pair remains stable. Several factors support the euro’s resilience. First, the European Central Bank maintains a cautious policy stance. Second, the US dollar faces its own headwinds. Third, global risk appetite remains moderate. These elements combine to create a supportive environment for the EUR/USD exchange rate. German Consumer Confidence: A Deeper Dive The GfK consumer confidence survey reflects household sentiment. It measures expectations for income, spending, and the overall economy. The latest reading shows a clear deterioration. German consumers worry about rising inflation and energy costs. Key components of the index include: Economic expectations : Fell sharply to -3.5 from 2.5 Income expectations : Dropped to -4.2 from 0.8 Propensity to buy : Declined to -2.1 from 1.2 Savings propensity : Rose to 8.5 from 6.3 These numbers indicate growing caution among German households. Consumers save more and spend less. This trend could slow economic growth in the coming months. Why EUR/USD Holds Above 1.1700 Despite Weak Data The euro’s resilience stems from multiple sources. The US dollar index remains under pressure. The Federal Reserve signals a slower pace of rate hikes. This reduces the dollar’s yield advantage. Additionally, the euro zone economy shows mixed signals. While German confidence weakens, other indicators remain stable. Industrial production in France rose 0.3% in July. Spanish GDP grew 1.1% in the second quarter. These pockets of strength support the single currency. Market participants also factor in ECB policy. The central bank may raise rates further. This expectation provides a floor for the euro. Traders see limited downside below 1.1700. Technical Analysis: Support and Resistance Levels From a technical perspective, EUR/USD holds above 1.1700 as a key psychological level. The pair finds support at 1.1680. This marks the 50-day moving average. Resistance sits at 1.1750 and 1.1800. Key technical indicators include: Relative Strength Index (RSI) : 52, neutral territory Moving Average Convergence Divergence (MACD) : Slightly bullish Bollinger Bands : Narrowing, suggesting low volatility Traders watch these levels closely. A break above 1.1750 could signal further gains. A drop below 1.1680 might trigger selling pressure. Impact on Forex Traders and Investors The EUR/USD pair remains the most traded currency pair globally. Its stability above 1.1700 affects millions of traders. Importers and exporters also monitor these levels closely. For European exporters, a strong euro reduces competitiveness. US companies benefit from a weaker dollar. These dynamics influence corporate earnings and investment decisions. Central banks also watch the exchange rate. The ECB prefers a stable euro. A sharp decline could fuel imported inflation. The Fed also considers the dollar’s strength in policy decisions. Broader Economic Context The German consumer confidence data fits a wider pattern. The euro zone economy faces headwinds from high energy prices. Russia’s gas supply cuts threaten industrial production. Inflation remains above the ECB’s 2% target. However, the labor market remains strong. The euro zone unemployment rate stands at 6.4%. This supports consumer spending and economic activity. Services sector growth also offsets manufacturing weakness. The global backdrop matters too. China’s economic slowdown reduces export demand. The US economy shows resilience but faces risks. These factors create a complex environment for currency markets. Expert Perspectives on EUR/USD Outlook Analysts at major banks offer mixed views on the pair. Goldman Sachs sees EUR/USD trading between 1.1600 and 1.1900 in the near term. Morgan Stanley expects a gradual decline toward 1.1500 by year-end. Currency strategists emphasize the importance of central bank policy. The ECB and Fed decisions will drive the next major move. Market participants price in a 25 basis point ECB rate hike in October. The Fed may pause or deliver a smaller increase. Geopolitical risks also influence the outlook. The Ukraine war continues to disrupt energy markets. Trade tensions between the US and China add uncertainty. These factors could trigger sudden shifts in the EUR/USD exchange rate. Historical Context: EUR/USD Above 1.1700 The EUR/USD pair has traded above 1.1700 for extended periods historically. In 2018, the pair stayed above this level for several months. The current situation differs due to higher inflation and tighter monetary policy. Comparing past periods provides useful context: Period Average EUR/USD Key Driver 2018 Q1 1.2250 Strong euro zone growth 2020 Q3 1.1800 US dollar weakness 2023 Q1 1.0850 ECB rate hikes 2024 Q3 1.1720 Mixed data, central bank divergence This historical perspective shows the pair’s current level is moderate. It does not signal extreme strength or weakness. What the Data Means for the Euro Zone Economy The German consumer confidence decline has real economic consequences. Lower confidence leads to reduced spending. Consumer spending accounts for about 55% of German GDP. A sustained decline could slow economic growth. German GDP contracted 0.1% in the second quarter. A further contraction would meet the technical definition of a recession. The consumer confidence data increases this risk. However, the services sector remains resilient. The composite PMI for the euro zone stands at 51.2. This indicates modest expansion. Manufacturing PMI at 45.8 shows contraction. The divergence between sectors creates an uneven economic picture. Trading Strategies for EUR/USD Traders employ various strategies around the 1.1700 level. Range traders buy near support and sell near resistance. Breakout traders wait for a clear move above 1.1750 or below 1.1680. Common approaches include: Scalping : Small profits from minor price movements Swing trading : Holding positions for days to capture trends Position trading : Long-term bets based on fundamental analysis Risk management remains crucial. Stop-loss orders protect against sudden reversals. Position sizing limits exposure to any single trade. Conclusion EUR/USD holds above 1.1700 despite downbeat German consumer confidence data. The pair demonstrates resilience due to a combination of factors. The US dollar faces pressure from Fed policy expectations. The ECB maintains a hawkish stance. Global risk appetite provides support. German consumer confidence declined to -1.8 in September. This reflects growing concerns about inflation and energy costs. However, the euro zone economy shows mixed signals. Services sector growth offsets manufacturing weakness. Traders and investors should monitor key levels closely. The 1.1680 support and 1.1750 resistance will guide short-term moves. Central bank decisions and geopolitical developments will drive longer-term trends. The EUR/USD exchange rate remains a critical indicator for global financial markets. FAQs Q1: Why does EUR/USD hold above 1.1700 despite weak German data? The pair holds due to a combination of US dollar weakness, ECB policy expectations, and moderate global risk appetite. The market factors in multiple variables, not just German confidence. Q2: What is the German consumer confidence index? The GfK German consumer confidence index measures household sentiment about the economy, income, and spending. A reading below zero indicates pessimism. Q3: How does EUR/USD above 1.1700 affect European exporters? A stronger euro makes European exports more expensive in foreign markets. This can reduce competitiveness and lower export revenues for companies based in the euro zone. Q4: What are the key support and resistance levels for EUR/USD? Key support sits at 1.1680 (50-day moving average). Resistance levels are at 1.1750 and 1.1800. A break above or below these levels could signal the next trend. Q5: Will the ECB raise rates further? Market expectations suggest a 25 basis point rate hike in October. The ECB remains focused on controlling inflation, which supports the euro. Future decisions depend on economic data. This post EUR/USD Holds Above 1.1700 Despite Downbeat German Consumer Confidence – Resilient Market Analysis first appeared on BitcoinWorld .

27 Apr 2026, 07:55

DXY Surges: Fed Caution Powers the US Dollar Index to New Highs – ING

BitcoinWorld DXY Surges: Fed Caution Powers the US Dollar Index to New Highs – ING The DXY , or US Dollar Index, has climbed steadily in recent sessions. Analysts at ING attribute this strength to the Federal Reserve’s cautious stance. The Fed’s careful approach to monetary policy continues to support the greenback. This trend has significant implications for global currency markets. New York, NY — February 20, 2025. The index now hovers near key resistance levels. Traders watch these levels closely for breakout signals. DXY Gains Momentum on Fed’s Cautious Policy Stance The US dollar index (DXY) has risen by 0.5% this week alone. This move follows the latest Federal Reserve meeting minutes. The minutes revealed a clear preference for patience among policymakers. The Fed shows no rush to cut interest rates. This caution supports the dollar’s yield advantage over other major currencies. ING strategists note that the market has priced out early rate cuts. Consequently, the dollar benefits from higher relative returns. Furthermore, the Fed’s cautious language dampens risk appetite. Investors often flock to the dollar during uncertainty. The DXY measures the greenback against a basket of six major currencies. These include the euro, yen, and pound. A stronger DXY means these currencies weaken in comparison. This dynamic affects trade balances and corporate earnings globally. ING Analysis: Fed Caution and Dollar Strength ING’s latest report highlights the direct link between Fed caution and DXY performance. The bank’s analysts point to the central bank’s dual mandate. The Fed balances inflation control with maximum employment. Recent data shows sticky inflation above the 2% target. Therefore, the Fed maintains a restrictive policy stance. This stance keeps US interest rates relatively high. Higher rates attract foreign capital, boosting the dollar. ING also emphasizes the role of global economic divergence. The US economy outpaces many peers. Europe faces stagnant growth, while Japan struggles with deflationary pressures. This divergence strengthens the dollar further. The report uses a comparative table to illustrate these differences: Region GDP Growth (Q4 2024) Central Bank Rate Currency vs. USD United States 2.8% 5.50% — Eurozone 0.1% 3.75% EUR/USD down 1.2% Japan 0.3% 0.25% USD/JPY up 3.5% These numbers show why the dollar remains dominant. ING predicts the DXY could test the 106.00 level soon. A break above this point would signal further upside. Market Impact of a Stronger US Dollar Index A rising DXY has widespread effects. Emerging market currencies face the most pressure. Countries with high dollar-denominated debt struggle. Their repayment costs increase as the dollar strengthens. This scenario repeats historical patterns from previous tightening cycles. For instance, the 2022 dollar rally caused stress in markets like Argentina and Turkey. Commodity prices also react. A stronger dollar makes raw materials more expensive for non-US buyers. This dynamic often pushes gold and oil prices lower. However, the relationship is not always linear. Geopolitical factors can override currency effects. Currently, gold holds steady despite the dollar’s rise. Investors hedge against inflation and global tensions. Impact on Corporate Earnings and Trade US multinational companies feel the pinch. A strong dollar reduces the value of overseas earnings. Tech and consumer goods firms with global exposure report lower revenues. For example, Apple and Microsoft have cited currency headwinds in recent earnings calls. Conversely, importers benefit from cheaper foreign goods. This dynamic affects inflation calculations. The Fed watches these trends carefully. Trade flows adjust as well. US exports become more expensive abroad. This situation can widen the trade deficit. However, the overall effect on GDP remains modest. The US economy is largely domestic-driven. ING notes that the dollar’s strength is a net positive for the US in the short term. It helps contain import prices and supports the Fed’s inflation fight. Technical Analysis: Key Levels for DXY Technical traders watch specific DXY levels. The index currently trades at 105.80. Support sits at 105.00, a psychological level. Resistance lies at 106.50, the high from November 2024. A break above 106.50 could open the path to 107.20. This level represents a multi-year high. Conversely, a drop below 105.00 might signal a reversal. The Fed’s next meeting in March will be critical. ING’s technical team highlights the 50-day moving average. The DXY remains above this average, a bullish signal. The Relative Strength Index (RSI) reads 62, indicating room for further gains. Overbought conditions start above 70. Momentum indicators align with the fundamental story. The dollar has strong support from both technical and fundamental factors. Global Currency Reactions to DXY Strength The euro bears the brunt of the US dollar index rally. EUR/USD dropped to 1.0720, its lowest in three months. The European Central Bank faces a tough choice. It must balance inflation concerns with recession risks. Market participants expect a rate cut in June. This expectation weighs on the euro further. The Japanese yen also weakens. USD/JPY trades above 150.00, a level that previously triggered intervention. The Bank of Japan maintains ultra-loose policy. This policy contrasts sharply with the Fed’s stance. The yen’s decline worries Japanese officials. They have warned about excessive volatility. However, intervention seems unlikely at current levels. Sterling holds up relatively well. GBP/USD stays near 1.2550. The Bank of England also adopts a cautious approach. UK inflation remains sticky, forcing the BoE to hold rates. This support limits sterling’s losses against the dollar. Nevertheless, the overall trend favors the greenback. Conclusion: DXY Supported by Fed Caution The DXY benefits directly from the Federal Reserve’s cautious stance. ING’s analysis confirms that higher US rates and economic outperformance drive the dollar. This trend has clear implications for global markets. Traders should monitor the 106.50 resistance level closely. A breakout could signal further strength. Conversely, any shift in Fed rhetoric would weaken the dollar. For now, the path of least resistance points upward. The US dollar index remains a key barometer of global financial conditions. FAQs Q1: What is the DXY, and why does it matter? The DXY, or US Dollar Index, measures the dollar’s value against six major currencies. It matters because it reflects the greenback’s global strength, affecting trade, investments, and commodity prices. Q2: How does Fed caution support the DXY? Fed caution means the central bank keeps interest rates higher for longer. Higher rates attract foreign capital, boosting demand for the dollar and raising the DXY. Q3: What does ING say about the dollar’s future? ING predicts the DXY could test 106.00 soon, supported by US economic outperformance and the Fed’s patient approach. They see limited downside risk in the near term. Q4: Which currencies are most affected by a strong DXY? The euro and yen are most affected. EUR/USD and USD/JPY show the largest moves. Emerging market currencies also face significant pressure. Q5: Can the DXY rally continue? Yes, if the Fed remains cautious and US data stays strong. However, any dovish shift from the Fed or a global risk-on event could reverse the trend. Technical levels near 106.50 are key. This post DXY Surges: Fed Caution Powers the US Dollar Index to New Highs – ING first appeared on BitcoinWorld .

27 Apr 2026, 07:52

UNI Technical Analysis 27 April 2026: Support and Resistance Levels

UNI at 3.23$ is near the critical support at 3.1335$, testing EMA20 (3.28$) resistance. Upside targets 3.44$-4.42$, downside risk at 2.15$; BTC correlation is key.

27 Apr 2026, 07:51

Cardano stalls below $0.25 as mixed signals cap breakout momentum

The cryptocurrency market conditions have been fragile over the past few hours. Bitcoin and other leading altcoins rallied in the late hours of Sunday but have since given up their gains after failing to take out key resistance levels. Cardano’s ADA hit the $0.2562 level late on Sunday but has since dropped below $0.2500, failing to take out the $0.2577 resistance level. However, the bulls could retry again in the near term. A decisive break above this resistance level could open the door to further gains. The derivatives data reflect mixed trader sentiment, with the recent shift in funding rates and neutral positioning across spot and futures markets suggesting cautious optimism is beginning to build. ADA fails to rally as derivatives data remains mixed ADA is down 1.5% over the last 24 hours and now trades at $0.2477 per coin. The bearish performance comes as ADA’s derivatives data shows mixed signals, limiting the upside move. Data obtained from CoinGlass reveals that Cardano’s OI-Weighted Funding Rate flipped positive on Monday, reading 0.0085%. This indicates that long-position traders are paying shorts and suggesting a mildly bullish market bias. However, funding rates have been swinging between positive and negative since last week, indicating unstable trader conviction. It also suggests that bullish momentum still lacks strong confirmation. In addition, CoinGlass’ long-to-short ratio for ADA reads 0.86 on Monday, nearing its lowest level in over a month. With the ratio dropping below one, it indicates a bearish sentiment in the market, as more traders are betting on the asset’s price to fall. This combination suggests indecision among Cardano investors, which limits the chances of a sustained recovery in the near term. CryptoQuant’s summary data for Cardano further shows neutral conditions among the spot and futures traders. The neutral conditions suggest that market participants remain cautious despite the recent price recovery. ADA price forecast The ADA/USD 4-hour chart is bearish and efficient as the broader cryptocurrency market retraces from its earlier gains. ADA is currently trading at $0.2477 after failing to take out the 50-day Exponential Moving Average (EMA) at $0.258. The 100-day and 200-day EMAs at $0.292 and $0.379, respectively, are also capping upside movement in the near term. Momentum has improved, with the Relative Strength Index (RSI) on the 4-hour chart hovering above 50. The Moving Average Convergence Divergence (MACD) line is in marginal positive territory, hinting at stabilizing downside pressure. If the bulls regain control, initial resistance emerges at the 50-day EMA around $0.258, followed by the 23.6% Fibonacci retracement at $0.269. A break above this level would expose the stronger supply near the 100-day EMA at $0.292 and the $0.299 band. However, if the bears remain in control, immediate support emerges at the horizontal level of $0.243. A break below this level would expose the substantial structural floor at the Fibonacci anchor near $0.220, where buyers are expected to defend the latest cycle low. The post Cardano stalls below $0.25 as mixed signals cap breakout momentum appeared first on Invezz