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Dwindling oil reserves are a new concern that has boosted prices
Russian Gas cut is getting more seriousAfter steady trading in the first hours of Wednesday, oil prices started to regain yesterday's losses. Last night American Petroleum Institute released its weekly report, and according to that report, US crude o...
Fed Preview - July 26-27
Investors waiting for FOMC policy guidanceToday FED two-day meeting will be finished, and right after that, we will have the statement. As always, 30-minutes after publishing the statement, Fed chair Powell will have a press conference, which is very...
Bitcoin uptrend holds – still in current range
Bitcoin closed up three out of seven sessions last week and maintained the upward bias! Bitcoin price is below $22,000 currently. A glance at the daily chart reveals Bitcoin has reversed its climbing after coming close to testing the Fibonacci 23.6 r...
Can crypto stocks save BTC?
Tesla sold its Bitcoins, and Crypto stocks were regaining their losses! While a few days ago, Tesla, in its quarterly report, announced that they sold 75% (over $950 million) of their Bitcoins for an average price of $29,000, market participants...
WTI and the first weekly gain in a month!
Asian markets VS European disappointment!While Asian stock markets ended this week as one of their best weeks in recent months, Oil prices have also risen before falling lower. Japanese central banks and Chinese policies have been supporting the Asia...
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