News
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Dollar Outlook Hinges on NFP as Fed Signals Data Dependence
EUR/USD forms a double bottom near 1.1100, with weak bullish RSI divergence emerging. The Federal Reserve (Fed) and the European Central Bank (ECB) decided to keep their respective…
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Fed Signals Inflation Concerns as Bitcoin Struggles Below $82K
BTC/USD remains range-bound: $82,000 resistance and $79,200 support to shape the next move. The Federal Open Market Committee (FOMC) kept interest rates steady on Wednesday, which triggered a…
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Fed and ECB Set to Drive Volatility Across Currency Markets
EUR/USD consolidates near 1.1200 after an extended decline from 1.1700. A slow economic calendar translated into ranging price action last week, and not much happened in terms of…
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GENIUS Act Milestone, ETF Inflows Fail to Sustain BTC Rally
BTC/USD tests the 50-day moving average after rejection at $84,800 Bitcoin moved past $84,000, but it got rejected at $84,800, and now the bears are once again challenging…
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Dollar Retreats as Fed Silence Cools Rate Hike Bets
EUR/USD rebounds from the 1.1100 support zone, with 1.1200 a key level to reclaim. The US Consumer Price Index (CPI) shook the Forex market last week, sending the…
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Hot CPI Sends Bitcoin Below $82K as Rate Hike Bets Rise
BTC breaks support at $82K as bullish divergence emerges on the 4-hour RSI. Bitcoin declined sharply after the main gauge of inflation in the US increased more than…
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Dollar Extends Winning Streak as CPI Takes Center Stage
EUR/USD holds near 1.1200 as bearish momentum meets oversold conditions. The US Dollar Index (DXY), which measures the dollar’s strength against a basket of six other major peers,…
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Bitcoin Rally Stalls as ETF Outflows Hit $500M
BTC tests $82K support after failing twice to break above $87K. After a double top at $87,000, Bitcoin retreated to the key zone around $82,000, which puts the…
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Dollar Strength Persists Despite Sharp NFP Miss
EUR/USD tests 1.1200 after breaking below its long-term trading range. The dollar extended its gains throughout the week, reaching a 17-month high against the euro, despite softer-than-expected inflation…
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Bitcoin Awaits NFP After Rate Hike Odds Drop to 40%
BTC bounces off $82K, challenging the previous peak at $87K Bitcoin started October on a bullish note, briefly piercing $85,000 after the US PCE Price Index showed that…
