News
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EUR/USD Moves Back Into Parity Ahead of Jackson Hole Meeting
Dollar Bulls Go on a Rampage as Fed Officials Hint Towards More Hikes The Dollar is back with a vengeance, making significant advances against most of its peers,…
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Crypto Gains Evaporate as Signs of Fresh Downtrend Emerge
Bitcoin Fails to Surpass Key Hurdle: $25K Sends the Bulls Tumbling Down The apex cryptocurrency has just demonstrated what a textbook bounce at S/R looks like: it barely…
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Fed Rate Hike Expectations Drop. The Euro Takes Advantage
EUR/USD Bounces at Long-Term S/R Level. Is Parity Next? U.S. inflation continues to be the centerpiece that spurs the strongest USD movement and last week this proved true…
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Bitcoin Threatens $25K as U.S. Inflation Subsides
BlackRock Taps into Bitcoin, Launches BTC Private Trust Bitcoin and U.S. inflation are closely tied together and Wednesday this relationship produced significant moves once again. The yearly inflation…
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Modest Gains for the Dollar as the NFP Exceeds Expectations
Choppy Price Action Ahead of U.S. Inflation Data. Friday’s U.S. jobs data came out surprisingly better than anticipated, with all three indicators in the green; the greenback was…
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Bitcoin and Ethereum Hold Their Ground Despite Pullbacks
Binance Coin (BNB) Outperforms All Major Cryptos. In late July, Bitcoin managed to move above a bearish trend line printed from the March 2021 top but it failed…
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Stubborn Inflation Spoils US Dollar’s Advance
The Labour Market Takes Center Stage – All Eyes on the NFP Report. Despite the Fed’s continued efforts to combat inflation, Friday’s PCE Index showed a monthly increase…
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BTC/USD Surpasses Major Resistance. What’s Next?
Bitcoin Makes Serious Advances. Here’s How the Fed Helped. Wednesday, July 27, the Fed announced a 75-bps rate hike, which effectively sent Bitcoin 8.0% higher, from an open…
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The ECB Surprises With 50-Bps Hike. The Dollar Braces for Fed Move
EUR/USD Caught in a Range as the Markets Await the FOMC Rate Decision. Last week the European Central Bank decided to hike the interest rate for the first…
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Bitcoin Recovery Flustered by Tesla’s 75% Sell-Off
BTC/USD at Technical Crossroad. Major Hurdles Ahead! In last week’s post, we talked about the three higher lows printed by BTC/USD and the bullish implications of this pattern.…
