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Bitcoin poised to rise still
Bitcoin traded in a range last week as price rally paused. The price is below $28,000 currently. Bitcoin price is still in consolidation mode midway between Fibonacci 161.8 and Fibonacci 261.8 levels. The RSI indicator left the overbought zone as the...
Will Shanghai upgrade & Shanghai Pudong Development lift the Ethereum?
With more than 46% gain in 2023, ETH proved itself one of the most trusted coins with a brighter future. Several factors can get attention to ETH, including the Shanghai upgrade and Hong Kong trying to become a crypto hub.Shanghai upgrade, supposed t...
Weekly Economic Outlook, 27-31 March
While investors will focus more on banking crises and central banks` measures, speakers in different countries will try to explain the situation in more detail. We will also have the European inflation numbers and the Fed`s favored measure of inflati...
Euro after mixed PMI data!
While the Manufacturing sector still suffers, the service sector growth is strong. According to the data published on Friday, S&P Global's flash rose to 54.1 from 52.0 in February, clearly above the 50 levels, indicating growth and challenging th...
Wall Street reversed yesterday's loss; what next?
After digesting data and announcements, investors thought long and concluded that we are close to the end of the rate hike cycle and read it as a positive sign to be happy. The question now is, how long can this optimism last?Fed forecast for the ter...
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