News
-
Uptober Starts With Whale Sell-Off. 30,000 BTC Change Hands
Price Faces Rejection at Key Levels, 50-Day MA Holds the Balance Uptober is really letting down its Bitcoin fans thus far: it started with a significant drop of…
-
From “Hard” to “Soft” to “No Landing”? The CPI Will Tell
EUR/USD Breaks Down After Double Top at 1.1200 The US Dollar is riding high on the back of better-than-expected jobs data released last Friday. All three job indicators…
-
Welcome to “Uptober”: Expectation VS Reality
Bull Trap Bonanza – The Descending Channel Is at It Again. Historically, October is the best month of the year for Bitcoin but this particular October hasn’t started…
-
Dollar Drops Ahead of NFP as Fed Jumbo-Cut Speculation Grows
Double Top at 1.1200 and RSI Divergence Suggest Bearish Pressure for EUR/USD. The dollar closed the week lower after the Personal Consumption Expenditure (PCE) price index posted softer-than-expected…
-
ETFs Back in the Spotlight – $366M Pours Into the Market
Is Bitcoin Finally Free of the Descending Channel? Where to Next? On September 26, spot Bitcoin Exchange Traded Funds (ETF) have seen the largest inflow since July 22nd.…
-
The Fed Bites Off a Big Chunk Of the Rate. Core PCE Looms
Doji Spotted at Resistance Level. Is the Uptrend Over? The Fed finally took a significant step during last week’s FOMC Meeting, opting for a bold 50-bps cut after…
-
Fed’s Super-Cut Fuels the BTC Rocket. Do We Have Lift Off?
One More Breakout Attempt: Is This the Descending Channel’s Last Fight? The Fed finally did it and after two years of tight monetary policy, they decided to deliver…
-
Gearing up for the Fed’s Decision: Size Matters
EUR/USD Bounces at Support, Challenges 15-Month High The prospect of a super-sized rate cut by the Fed has weakened the US Dollar overall and sent it to a…
-
Exchange Outflows Grow: Good Signs on the Horizon?
Bitcoin Regains Control of $57K – Top of the Channel Next? Bitcoin holders have been making waves, moving an impressive $750 million worth of the cryptocurrency out of…
-
NFP Misses Forecast, Focus Shifts to U.S. CPI and ECB Rate
Dollar Bulls Target Key Support Levels Ahead of CPI and ECB Events. The U.S. jobs market is starting to cool down, as evidenced by last week’s Non-Farm Payrolls…
