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Bitcoin Reverses Rebound to Test Support Again!
Bitcoin rebounded last week but on its way to Fibonacci 38.2 resistance at $46701 reversed down. Current technical setup is bearish. Bitcoin price will continue retreating after breaching below Fibonacci 23.6 support. But I expect it will rebound off...
Weekly Outlook, 7-11 March
ECB and Euro in the middle of the war! The week ahead will be very important for most economies with more important data to come, however, it will be much more important for Europeans with the ongoing war between Russia and Ukraine, its ef...
Ethereum is down almost 6%! It's Putin time.
Up and Down in the market with war news! Last week and after a report that told people in Russia are more interested in Crypto-assets as the country is going into financial sanctions, the market risk increased the demand and now again it is the...
NFP Preview - Positive numbers expected!
How market should react to these data?Before we go and review the market expectations from February NFP numbers, we have first to look at the published ADP and Initial Jobless claims numbers on Wednesday and Thursday.Wednesday, the US Nonfarm Private...
EURUSD and the chance of recovery!
Can we see the bulls above 1.3 dollars?In the last hours of US markets on Wednesday, we could see some hopes in markets on the Russia-Ukraine second round of peace talk, especially after the FED Chair Jerome Powell signals about a 25bp rate hike in M...