EUR/USD Support Broken, Lower Territory Eyed

Sep. 28, 2020

by Bogdan Giulvezan The Greenback is Moving!  The US Dollar bulls have taken complete control, breaking support and threatening to take EUR/USD into lower territory. Currently trading around 1.1670, the pair is likely to continue going south, at least until profit-taking and bottom hunting come into play. The Euro’s outlook doesn’t look very bright, mostly […]

This Bitcoin ETF Will Drive Ownership

Sep. 25, 2020

By Bogdan Giulvezan First Bitcoin ETF to Launch Before End of 2020 For a long time now, Bitcoin advocates and cryptocurrency proponents in general, have been asking the question: When will a Bitcoin ETF finally emerge? It looks like we are on the brink of such a development but its launch will not come from […]

Pound Assaulted by Negative Rate Talks

Sep. 21, 2020

 COVID-19 Second Wave Fears Weigh On Pound UK Prime Minister Johnson decided to take a softer stance on Brexit negotiations and to compromise on the controversial Brexit bill. The news initially boosted the Pound, but the climb was soon erased by a Fed-powered US Dollar and the pair is now trading around 1.2860 after being […]

Demand For Network Space Drive Ethereum Higher

Sep. 18, 2020

By Bogdan Giulvezan Ethereum’s Getting Expensive to Move – Fees Spike as Uniswap Launches UNI Token Almost 1 million US Dollars in transaction fees were spent in less than one hour for moving ERC-20 tokens. It’s a new high for this type of fee, and it’s all due to the launch of Uniswap’s UNI token. […]

Another Turning Point For The U.S. Dollar

Sep. 14, 2020

Range-Bound Trading Ahead of FOMC Meetings and Funds Rate by Bogdan Giulvezan The never-ending tug of war between the Euro and the US Dollar is currently taking place around 1.1860, with the pair stuck in a range since the beginning of August. Price is testing a bullish trend line and although the Euro seems to […]

Will The ECB Issue A Digital Currency Soon?

Sep. 11, 2020

ECB President Lagarde – Bullish on Retail CBDCs By Bogdan Giulvezan Speaking Thursday at the Deutsche Bundesbank online conference on banking and payments in the digital world, ECB President Christine Lagarde said that “Introducing a digital euro would allow the Eurosystem to be at the cutting edge of innovation” but also mentioned that “Europe has […]

The UK Is Ruffling Some Feathers: A No-Deal Brexit Is on the Table

Sep. 07, 2020

Guest Author Bogdan Giulvezan As many of us already know, the UK left the European Union on January 31, 2020, three and a half years after UK citizens voted to do so. An economic separation will follow the political breakup, on 31 December 2020 and this will also mark the UK’s departure from the EU […]

Bitcoin Drops for Two Days Straight. Should You Care?

Sep. 04, 2020

Guest auther Bogdan Giulvezan After reaching a high of $12,019.85 on Tuesday, Sept. 1st, the undisputed king of the crypto space – Bitcoin – slumped to a low of about $10,300 on Friday, Sept. 3rd. That makes it two straight days (Wednesday and Thursday) in the red. Furthermore, over the last 7 days, Bitcoin is […]

Euro Testing New Highs. Is the Buck in Trouble?

Aug. 31, 2020

guest author Bogdan Giulvezan EUR/USD is hovering around 1.1900 after failing to break the massive psychological resistance at 1.2000. The pair has gained new traction on the back of US Dollar weakness generated by last week’s Fed announcement regarding a monetary policy shift towards the dovish side. Fed Chairman Powell green-lighted average inflation targeting, which […]

It Is Time To Get Bullish On Oil

Aug. 27, 2020

A Rounding Top? Maybe Not I’ve been watching a rounding top formation in the oil market for a couple of months now. The formation looks pretty bearish and is supported by the indicators but that may not play out. After reviewing the latest EIA short-term forecast, consideration of recent economic data, and now Hurricane Laura, […]