News
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Bitcoin Rally Fades as Ceasefire Doubts Emerge
Rejection at key trend line keeps downside risk in play. Bitcoin jumped above $70,000 on Wednesday, following the announcement of a ceasefire, but the bullish momentum died down…
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NFP Blowout Sends Dollar Higher Ahead of U.S. Inflation Data
EUR/USD eyes 1.1400 as downside pressure builds The US Dollar rallied during the last 2 days of the previous week, after the U.S. Non-Farm Payrolls report smashed expectations…
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Bitcoin Weighed by War Risks but Clarity Act Hopes Rise
$65K support under pressure as bearish setup builds The week has been a roller-coaster thus far, with Bitcoin and the entire crypto market driven almost exclusively by rumors…
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Markets Brace for NFP as Rate Hike Bets Rise
EUR/USD: Failure at 1.1600 signals renewed selling pressure The US Dollar strengthened throughout last week, buoyed by safe-haven demand and prospects of a rate hike this year. Not…
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Bitcoin on the Ropes as Clarity Act Debate Drags On
Bearish flag formation signals downside risk. The hopes of a quick resolution to the Middle East conflict are dwindling with each passing day, weighing on Bitcoin and risk-on…
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Dollar Pulls Back as Markets Push Back Rate Cut Bets
EUR/USD: 1.1400 rejection strengthens near-term support The dollar erased some of its losses on Friday, but it still ended the week lower, with the US Dollar Index (DXY)…
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Bitcoin Drops Below $70K as Macro Pressure Builds
Break of $70K support opens path toward $65K zone. After a good start to the week, Bitcoin and the broader crypto market pared gains and dropped below key…
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Dollar Rallies as Iran Conflict Fuels Safe-Haven Demand
EUR/USD tests 1.1400 support after breaking key trend line. As the war in Iran rages on, with no immediate end in sight, the dollar has become the preferred…
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Bitcoin Struggles at $70,000 Amid Rising Geopolitical Unrest
Range breakout needed to unlock $77K target In the past two weeks, Bitcoin bulls have tried to stabilize the price above $70,000 and even breached the $71,000 barrier…
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U.S. Jobs Shock Puts Spotlight on US Inflation Data
EUR/USD clings to 1.1600 support zone as RSI approaches oversold The U.S. job market lost 92K jobs last month, in stark contrast with the NFP forecast, which anticipated…
