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EUR/USD: 2020 Lows Targeted as Interest Rate Gaps Continue to Widen

Apr. 25, 2022

Greenback Steps on the Gas Pedal Heading Into April’s Last Trading Week. The clear divergence between the monetary policies of Europe and the U.S. is likely to cause more downside for EUR/USD, which is already headed for the lowest point of 2020, located at 1.0635. The FOMC is likely to add 50 bps to the […]

Bitcoin Rally Botched After Powell’s Hawkish Comments

Apr. 22, 2022

Morgan Stanley Publishes Glowing Bitcoin Report The flagship cryptocurrency reached an intraday high at $42,978 on Thursday but the rally failed soon after Fed Chair Jerome Powell discussed the possibility of a bigger hike at the next FOMC meeting. According to a CNBC report, the Federal Reserve Chair considered that it’s “absolutely essential” to restore […]

Euro Hawks Disappointed by ECB’s Dovish Tone – The Drop Continues

Apr. 18, 2022

Support Levels Threatened as EUR/USD Sinks Lower Last week’s ECB Meeting did little to help the bloc’s single currency, as the policymakers decided to scale back the stimulus program at a very slow pace. The interest rate remained unchanged as it was expected, but the European Central Bank confirmed plans to taper the quantitative easing, […]

Cryptocurrency Mass Adoption is One Step Closer

Apr. 15, 2022

Bitcoin’s Lightning Network Transaction Value Quadruples According to a report released by cryptocurrency analysis company Arcane Research, activity on the Lightning Network has increased considerably over the past year. The number of payments has doubled, while the total value of those transactions has quadrupled. Roughly 50% of the volume is represented by direct transactions between […]

Europe and the U.S. Struggle to Overcome Surging Inflation

Apr. 11, 2022

EUR/USD Dips Lower. Key Support Targeted Inflation has been a major concern lately and is the main reason why the Fed decided to hike the interest rate. On the other side of the pond, the ECB has been reluctant to take action but at this week’s meeting, we may see a more hawkish approach coming […]

Bitcoin Returns Below $45,000. Recovery Still Very Likely

Apr. 08, 2022

Bullish Fundamentals: MicroStrategy Buys More Than 4,000 BTC, Shopify and Strike Partner Up The recent break of $45,000 resistance resulted in a quick climb into the next resistance level and a new yearly high at $48,234. However, the push was neutralized and Bitcoin failed to consolidate above $45,000, currently trading at $43,500. The drop was […]

Solid NFP Report Increases 50 bps Rate Hike Scenario

Apr. 04, 2022

Jobs Situation Continues to Improve in the United States. What Will Be the Fed’s Next Move? Friday’s Non-Farm Payrolls report showed that 431K jobs were created during the previous month, which was lower than the anticipated 492K. However, the overall jobs situation in the U.S. is improving, as the Average Hourly Earnings increased by 0.4% […]

Bitcoin Breaks Key Resistance. Now What?

Apr. 01, 2022

Galaxy Digital CEO Sees Crypto “Significantly” Higher in 2022. After months spent between $37,500 and $45,000, Bitcoin finally managed to escape the range and broke the upper barrier of the channel. But after reaching as high as $48,234, the apex cryptocurrency has returned to the previously broken level of $45,000 and is currently trading slightly […]

Yen Crashes to a 6-Year Low, BOJ Plans to Buy Unlimited Amounts of JGBs

Mar. 28, 2022

USD/JPY Soars as Yen Tumbles by Bogdan Giulvezan On Monday, the Bank of Japan intervened to stop Japanese Government Bonds (JGBs) from going above the key target and offered to buy unlimited amounts of said bonds at 0.25%. At press time the yen is trading at 123.23 against the US Dollar, which is the lowest […]

Bitcoin at a Crossroad: Bounce or Break?

Mar. 25, 2022

Bullish Chart Pattern Pushes BTC Higher. Strong Resistance Ahead. by Bogdan Giulvezan Bitcoin is in the green, up more than 8.0% for the last 7 days and on Thursday it broke the $44,000 level for the first time in three weeks. The rally started after a triple bottom was formed, a pattern I‘ve already talked […]