News
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Solid NFP Report Increases 50 bps Rate Hike Scenario
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…
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Bitcoin Breaks Key Resistance. Now What?
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…
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Yen Crashes to a 6-Year Low, BOJ Plans to Buy Unlimited Amounts of JGBs
USD/JPY Soars as Yen Tumbles On Monday, the Bank of Japan intervened to stop Japanese Government Bonds (JGBs) from going above the key target and offered to buy…
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Bitcoin at a Crossroad: Bounce or Break?
Bullish Chart Pattern Pushes BTC Higher. Strong Resistance Ahead. Bitcoin is in the green, up more than 8.0% for the last 7 days and on Thursday it broke…
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The Euro Struggles: Short-term Bulls vs Long-term Bears
EUR/USD Bounces off 2-Year Lows. Short-Lived Move or Something More? Europe’s single currency is trying to rally after reaching a nearly 2-year low earlier this week; a series…
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Bitcoin – The Battle for 40K Is Still On
From Volatility Beast to Range-Bound and Docile Price Action Bitcoin, the coin that’s known to break through S/R levels like a hot knife through butter, has been moving…
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Fed Rate Hike Ahead. Is It Already Priced in or Should We Expect Surprises?
Central Banks Are Getting Ready for a Busy Week The safe-haven US Dollar made serious advances last week against its major counterparts: it took the Yen at a…
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Top Cryptocurrencies Lugged Down by Sky-High U.S. Inflation
Bitcoin’s Triple Top Generated the Predicted Outcome Last week we talked about a strong chart pattern that usually triggers a bearish move: the triple top. As expected, the…
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Euro Collapses Against Major Counterparts, Safe-Haven Assets Rally
Euro at Record Lows as Ukraine Conflict Deepens The US Dollar strengthened late last week as the Non-Farm Payrolls report showed that 678K new jobs were created, above…
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Bitcoin Shoots Through $40K, Warning Signs Already Present
Triple Top at $45K – The Threatening Bearish Pattern After two days of serious advances, Bitcoin started a downside correction at $45,000 and is currently trading at $41,000.…
