Traders Blog - Analysis, Strategies, News and more
Bitcoin rebounds – will the downtrend reverse?
Bitcoin price is above $22,100 currently. A glance at the daily chart reveals the price rallied last Friday as Wall Street ended higher third straight session – the first series of three daily gains in a row in the last twenty sessions. The downward...
Bitcoin, is that beginning of an uptrend?
14% gain in three days, but still under key resistance! While in the bigger picture, BTC still moves in a clear downtrend, the recently seen recovery has made some hope that it can be the beginning of its recovery path, which technically can be...
Gold recovers as the dollar eases!
Investors are waiting for US inflation data early next week.The gold downtrend reversed on Wednesday and then, after Thursday's correction, continued its way on Friday towards $1,730. This gold price action directly reacted to the US dollar and Bond...
USD increased as Powell vowed to control the inflation
Wall Street raise after an initial adverse reaction!While, like every Thursday, we had initial Jobless claims, which fell to a new low at 222K to confirm the strength of the US economy and labor market, FED chair Powell vowed to increase the tighteni...
ECB preview. Central banks race for tighter policies
The war goes on, and the Europeans are getting more and more tired every dayEven historically, August was the worse month for Euro, especially over the last fifteen years; this year, with the Ukraine war effects and weaker economic data from across E...
Tags
Subscription
