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Bitcoin in uptrend channel!
Bitcoin closed up five out of seven sessions last week and retraced up within the uptrend channel after reversing the downswing not far from the mid-channel. Bitcoin price is above $24,000 currently! A glance at the daily chart reveals Bitcoin is cli...
USDJPY turned back higher, what next?
US 10-year bond Yields jumped above 2.85%In recent weeks, beginning from the middle of July, the Japanese yen was trying to regain back some of its losses and even touched the 130 against USD, from its historical low of 139.40 seen on July 14. The ma...
US Nonfarm Payrolls surprise after BoE dark inflation outlook!
Now we can say it is strong enough! According to the US Bureau of Labor Statistics, Nonfarm Payrolls in July rose by 528,000, more than double the predictions. At the same time, June numbers also revised up from 372,000 to 398,000. With these in...
Ethereum and the overall Cryptocurrency market
Can institutional trading encourage the bulls?While the upcoming ETH network merge had disappointed its fans, positive news about BlackRock's partners with Coinbase to offer institutional trading can help the overall positive sentiment in the market....
US July Nonfarm Payrolls Preview
Ninth consecutive missing in the Weekly Initial Jobless ClaimsWhile we are preparing to have the US July Nonfarm Payrolls the latest data from US labor markets are not in favor of investors and economists. Starting from JOLTs Job Openings numbers in...
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