News
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EUR/USD Parity Achieved! What’s Next?
Rate Hike Incoming. Will the ECB Finally Take Action? Two decades ago, EUR/USD was trading at 1.0000; last week the pair visited that historic price once again, reaching…
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Bitcoin Grinds Higher Despite Record-High U.S. Inflation
MicroStrategy CEO Still Bullish on Cryptocurrency, Sees BTC as an Inflationary Hedge. U.S. inflation rose to 9.1% (Year-over-Year), hitting a 40-year high, as evidenced by Wednesday’s Consumer Price…
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Euro Hits 19-Year Lows, Goes One Step Closer to Parity
Strong NFP Report Keeps the Fed on Track for a 75-Bps Hike in July EUR/USD broke the floor at 1.0350 and invalidated a triple bottom scenario, increasing the…
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Bitcoin Spikes above $22K as Celsius Pays Back Its Loan
BTC/USD Carves a Higher High. Are the Bulls Back in Action? The apex cryptocurrency just printed a higher high with an intraday top at $22,400 and is showing…
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Counter-Trend Traders, Rejoice: EUR/USD Triple Bottom in Place
Bullish Pattern Emerges. Long-Term EUR/USD Downtrend Threatened. On May 13, the dollar managed to take the euro to 1.0350 for the first time since December 2016. After a…
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El Salvador Adds 80 BTC to Its Holdings as Bitcoin Losses Continue
Bitcoin Whales Start Filling Their Wallets as Bitcoin Plunges Below $20K “Thank you for selling cheap” – these were the words of El Salvador’s President Bukele as he…
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Euro at Critical Junction, 7-Year Low Threatened
EUR/USD Shows Erratic Behavior Ahead of Key Inflation Data. After the double bottom pattern that appeared at 1.0350 support, the Euro strengthened and made its way closer to…
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Bitcoin Recaptures $20K. Is Risk Appetite Coming Back?
Deep Oversold Levels and Technical Indicators Point Towards a Bottom. After going as low as $17,592, Bitcoin recaptured the key psychological level at $20,000 and is showing signs…
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FOMC Makes Bold Rate Moves, Opens the Door for Additional Big Hikes
Dollar Boosted by Hawkish Fed, Euro Counters With Bounce at Support. The greenback appreciated against most of its counterparts last Thursday after the FOMC decided to raise the…
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Crypto Winter in Mid-Summer? Bitcoin Gets Cheaper Everyday
BTC/USD Approaches Historical Level. Bulls and Bears Go Head to Head. During the last 7 days, Bitcoin has shed over 30% of its value and is trading at…
