News
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Bitcoin’s Wild June: German BTC Sales and Inflation Impact
The Double Top at Work: Will BTC/USD Reach the Bottom of the Channel? This month, Bitcoin’s price has fluctuated wildly: after nearing $72,000, close to its all-time high…
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Dollar Gains on Eurozone Weakness, PCE Report Looms
EUR/USD Under Pressure, USD/JPY Near Intervention. On Friday, the U.S. dollar strengthened against major currencies following the release of PMI (Purchasing Managers’ Index) data, which indicated that the…
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Bitcoin’s $100K Myth. Is It Still Attainable?
Bearish Momentum Starting to Fade. Are the Bulls Gearing Up for A Comeback? Bitcoin’s $100,000 price tag has been somewhat of a myth among investors, traders, and crypto…
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Fed Steady, Euro Slides as Macron Calls Snap Election
EUR/USD Breaks Below Key Levels: Bearish Outlook with Support at 1.0635 Last week the Federal Open Market Committee (FOMC) decided to keep the rate unchanged, as it was…
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Bitcoin’s Extended Lull: Getting Ready for a Big Move?
Bullish Signs Ahead: Whales Are Loading Up, Exchange Supply Goes Down. Bitcoin has been consolidating for more than 90 days now, which is its longest period of such…
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NFP Overshoots Again. Rate Cuts Further Delayed?
Dollar Bulls, Rejoice: EUR/USD Prints Triple Top. The U.S. economy is not slowing down according to Friday’s stellar Non-Farm Payrolls report that overshot expectations by a huge…
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Bitcoin Nears ATH: Economic Data Could Be Key
Double Top or Breakout? Today’s NFP May Hold the Answer. Bitcoin started the week on a positive note, with wind in its sales and a fresh challenge of…
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NFP Report and ECB Rate Cut Loom: Market Poised for Action
EUR/USD: Technical Patterns Hint at Volatility May ended on a bad note for the US Dollar Index (DXY), which dropped 1.54% for the month but is still up…
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Bitcoin in the Boredom Zone: Waiting for the Next Big Move
Chart Analysis Suggests Key Support Levels as Mt. Gox Payout Looms. Right now, Bitcoin is stuck in what many analysts call the “boredom zone,” with prices showing slow…
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Dollar Declines Amid Profit-Taking. PCE Data Ahead
EUR/USD Faces Double Top, Bearish Divergence. On Friday, the greenback slipped against most major currencies as traders took profits after a full week of gains. However, the US…
