Connect with us

Crypto World

Market Analysis: AUD/USD and NZD/USD Struggle as Market Jitters Shake Risk Sentiment

Published

on

Market Analysis: AUD/USD and NZD/USD Struggle as Market Jitters Shake Risk Sentiment

AUD/USD failed to stay in a positive zone and declined below 0.7000. NZD/USD is also moving lower and might extend losses below 0.5850.

Important Takeaways for AUD/USD and NZD/USD Analysis Today

· The Aussie Dollar started a fresh decline from well above 0.7100 against the US Dollar.

· There is a bearish trend line forming with resistance at 0.7020 on the hourly chart of AUD/USD at FXOpen.

· NZD/USD declined steadily from 0.6000 and traded below 0.5900.

Advertisement

· There is a key bearish trend line forming with resistance at 0.5900 on the hourly chart of NZD/USD at FXOpen.

AUD/USD Technical Analysis

On the hourly chart of AUD/USD at FXOpen, the pair struggled to clear 0.7150. The Aussie Dollar started a fresh decline below 0.7050 against the US Dollar.

The pair even settled below 0.7000 and the 50-hour simple moving average. There was a clear move below 0.6980. A low was formed at 0.6956, and the pair is now consolidating losses. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the 0.7089 swing high to the 0.6956 low.

On the upside, immediate hurdle is near the 50-hour simple moving average and the 50% Fib retracement at 0.7020. There is also a bearish trend line forming with resistance at 0.7020.

The next major level for the bears could be 7060. The main selling point could be 0.7090, above which the price could rise toward 0.7140. Any more gains might send the pair toward 0.7200. A close above 0.7200 could start another steady increase in the near term. In the stated case, the next key resistance on the AUD/USD chart could be 0.7280.

Advertisement

On the downside, initial support is near 0.6975. The next area of interest might be 0.6955. If there is a downside break below 0.6955, the pair could extend its decline. The next target for the bears might be 0.6920. Any more losses might send the pair toward 0.6900.

NZD/USD Technical Analysis

On the hourly chart of NZD/USD on FXOpen, the pair also followed a similar pattern and declined from the 0.6000 zone. The New Zealand Dollar gained bearish momentum and traded below 0.5950 against the US Dollar.

The pair settled below 0.5900 and the 50-hour simple moving average. Finally, it tested 0.5850 and is currently consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the 0.5948 swing high to the 0.5848 low.

If the pair recovers, it could face hurdles near 0.5900 and a key bearish trend line. The next major barrier is at 0.5910 since it coincides with the 61.8% Fib retracement.

If there is a move above 0.5910, the pair could rise toward 0.5950. Any more gains might open the doors for a move toward 0.6010 in the coming days. On the downside, immediate support on the NZD/USD chart is 0.5850.

Advertisement

The next major stop for the bears might be 0.5835. If there is a downside break below 0.5835, the pair could extend its decline toward 0.5800. The main target for the bears could be 0.5740.

Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips (additional fees may apply). Open your FXOpen account now or learn more about trading forex with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Advertisement

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

Peraso (PRSO) Stock Soars Over 100% on Defense Contract Win

Published

on

PRSO Stock Card

TLDR

  • Defense contractor InTACT from Israel has chosen Peraso’s 60 GHz millimeter-wave technology to power a military-grade drone Identification Friend or Foe (IFF) system.
  • The system enables military personnel on the ground to differentiate between friendly and hostile drones using mutual authentication protocols.
  • Peraso’s beamforming transceiver chips provide directional, low-power communications that are difficult to intercept or jam.
  • The collaboration between Peraso and InTACT has spanned more than two years, concentrating on tactical drone identification capabilities.
  • PRSO shares skyrocketed by as much as 115% during Friday’s trading session and continued climbing over 33% in Monday’s pre-market hours.

Peraso Inc. (PRSO) experienced an extraordinary trading session on Friday. The semiconductor manufacturer based in California witnessed its share price soar by as much as 115% during intraday trading following news that its 60 GHz millimeter-wave technology will be integrated into a military drone identification platform.

The agreement centers around InTACT, a defense contractor headquartered in Israel. InTACT has selected Peraso’s semiconductor technology as the foundation for its Identification Friend or Foe (IFF) drone system — a critical tool that enables armed forces to rapidly determine whether an approaching drone poses a threat or belongs to allied forces.

The collaboration between these two entities has been ongoing for more than 24 months. This latest announcement signals a significant milestone in their relationship, as the technology transitions toward real-world military applications.


PRSO Stock Card
Peraso Inc., PRSO

PRSO shares jumped over 96% during pre-market hours on Friday before the rally intensified to 115% intraday. The stock settled at a closing gain exceeding 86%. Monday’s pre-market session saw another surge of 33%.

Advertisement

How the Technology Works

Peraso’s 60 GHz beamforming transceiver chips serve as the core hardware for InTACT’s IFF platform. These semiconductors establish a short-distance, highly directional wireless communication link between unmanned aerial vehicles and troops on the ground.

The directional characteristics of the signal are crucial. This design makes the communications extremely difficult to detect or disrupt in contested electronic warfare scenarios — precisely the environments where such systems are needed most.

Through mutual authentication protocols, ground-based units can verify in real time whether an approaching drone is part of friendly operations. In modern combat zones saturated with drone activity, this identification capability provides significant tactical advantages.

CEO Ron Glibbery characterized the technology as “designed to provide a secure, directional communications channel ideally suited for these environments.”

Advertisement

Peraso’s Recent Business Performance

Peraso has shown signs of business momentum leading up to this defense contract announcement. During Q3 of fiscal year 2025 (concluded September 2025), the company reported revenue growth of 45% on a quarter-over-quarter basis, reaching $3.2 million.

This revenue increase was primarily fueled by record-breaking sales from millimeter wave products — the exact product category featured in this defense partnership.

Despite the sequential growth, total revenue for that quarter still declined 16% year-over-year, falling from $3.84 million in the comparable period.

For a micro-cap semiconductor firm, securing a design win in the defense industry can fundamentally alter investor perception of the company’s prospects. Commercial agreements typically don’t carry the same strategic weight as military deployment contracts.

Advertisement

InTACT has not revealed the financial parameters of this partnership. Neither contract value nor revenue forecasts have been made public.

The company has confirmed that its beamforming transceiver technology is ready for production and has been officially selected as the hardware platform for InTACT’s system. A specific timeline for military deployment has not been announced.

As of Monday’s pre-market trading, PRSO was up more than 33% following Friday’s impressive 86% closing gain.

Advertisement

Source link

Continue Reading

Crypto World

Cardano Called the ‘Most Useless Network in Crypto’ as ADA Down 92% From ATH

Published

on

Cardano Called the 'Most Useless Network in Crypto' as ADA Down 92% From ATH


The analyst who made that claim also laid out the most important support levels for ADA going forward.

Popular crypto market observer and commentator Ali Martinez took it to X to criticize the popular blockchain network, Cardano, for its failure to deliver on many of its promises.

Given the project’s popularity, many of the comments below the post lashed out at his harsh words, but there were some that agreed with his statements.

Advertisement

Most Useless Blockchain?

In a post titled “The Most Useless Network In The Crypto Market,” Martinez began by indicating that the Cardano DeFi ecosystem has never exceeded the coveted $1 billion mark. He added that it has “historically been only a fraction of what is locked on competing platforms like Ethereum.”

A quick double check on DeFiLlama confirms his words, as the Cardano TVL in DeFi peaked last year at roughly $700 million. However, the value has plummeted to $136 million as of press time. In comparison, the TVL on Ethereum is currently at a whopping $55 billion, down from almost $100 billion reached last year.

Solana’s TVL jumped to over $12 billion in September 2025, but it’s down to $6.6 billion as of now. Martinez also compared Cardano’s TVL with newer chains like SUI, which has already surpassed it with $568 million after peaking at $2.5 billion last year.

“Unlike Ethereum, which has built a dominant position in DeFi, or Solana, which has captured high-speed consumer applications, Cardano still lacks a clear use case that consistently attracts users, developers, and investors,” said Martinez.

He added that Cardano was officially launched nine years ago, but smart contracts were introduced in 2021, which allowed its competitors to “build stronger network effects with more developers, applications, and liquidity.”

Advertisement

He believes Cardano’s research-driven model, which prioritizes academic review and formal verification, slows down product rollouts compared to other blockchains.

You may also like:

As mentioned above, the community was split after his post, with some bringing out Cardano’s liquid staking capabilities, while others agreed to a large extent with his words.

ADA’s Survival

Martinez also explained that blockchains that reach scale early tend to attract more capital and talent as this is a market “driven by adoption and network activity.” This makes it “difficult for slower-growing networks to catch up once competitors establish a lead,” which could be the main reason behind ADA’s struggles.

The token peaked at over $3 in 2021, but it has fallen from grace since then, currently trading 91.7% away from those levels. Even the 2024/2025 bull rally managed to drive it to as high as $1.30, and it now sits at around $0.25.

Advertisement

Martinez weighed in on ADA’s performance as well, suggesting that if it breaks the $0.245 support, it could plunge to the next ones at $0.112 or $0.021, which would represent another 50% to 80% decline.

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Advertisement

Source link

Continue Reading

Crypto World

Oil Cools After Overnight Spike as G7 Eyes Reserve Release

Published

on

Oil Cools After Overnight Spike as G7 Eyes Reserve Release

Oil prices pulled back sharply early Monday after reports that Group of Seven (G7) finance ministers planned an emergency call to discuss a coordinated release of strategic crude reserves, giving markets a possible policy response to the war-driven supply shock.

The Financial Times reported that G7 finance ministers planned an emergency call to discuss a possible coordinated release of 300 million to 400 million barrels from strategic oil reserves to calm markets after the war-driven spike in crude prices. The G7 countries consist of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, with the European Union as a non-enumerated member.

On Hyperliquid, crude oil futures rose nearly 25% to as high as about $117 overnight before falling by around 14.5% to roughly $100 after the G7 reports emerged. The reversal suggested traders were quickly repricing the risk of a coordinated reserve release even as the conflict continued to threaten supply.

OIL/USD price chart. Source: Hyperliquid

Bitcoin rebounds after earlier drop

Bitcoin (BTC) also rebounded after an earlier drop during the oil spike. After falling to about $65,725, CoinGecko data shows BTC climbing as high as $67,992.88 at the time of writing, a gain of roughly 3.45% in a few hours.

CryptoQuant analyst Darkfost said in a market note that higher oil prices and Strait of Hormuz tensions could weigh on risk appetite and complicate the outlook for volatile assets such as Bitcoin.

Advertisement

“Historically, periods when oil prices regain strength often coincide with BTC end-of-cycle phases,” he wrote. 

Source: CryptoQuant

Hyperliquid HIP-3 hits record weekend volume on oil price surge

The episode also underscored how onchain venues can attract demand when traditional markets are closed.

Hyperliquid’s oil-linked contracts had already surged after the initial US-Israeli strike on Iran in late February, with traders turning to decentralized perpetuals for round-the-clock commodity exposure. Hyperliquid data shows that Tradexyz, a trading interface built on Hyperliquid, reached its highest weekend volume of over $610 million on Feb. 28.

Related: Iranian crypto outflows spike 700% after US-Israeli airstrikes

As the conflict escalates, oil prices have continued to rise, and Tradexyz has surpassed its previous weekend record with nearly $720 million in trading volume over the weekend, onchain analytics hub Pine Analytics said in an X post on Monday. 

Advertisement

“These two waves of demand in the past month on Tradexyz show the platform is absorbing demand for traditional assets by people who don’t have TradFi access, or at points in time when these exchanges are offline,” Pine wrote.