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Bitcoin breaches below support again – watch for a rebound!
Bitcoin remains true to its volatile nature – it reversed the up-retracing and breached below both the Fibonacci 23.6 level and support last Thursday! As the BTCUSD daily chart below indicates, short term trend is bearish – price will continue retrea...
Weekly Outlook, 21-25 February
Banks and GDP! In the week ahead, central banks meeting in China and New Zealand, Inflation in Euro and important data from the United States including GDP, Durable goods orders with Personal Income, and Spending will be the most important econo...
AUD/USD reclaim above 0.7200
Aussie gaining more than 1.2% weekly The Australian dollar is up more than 0.7% this week so far and 1.2% weekly base. However, AUDUSD needs to breathe above 0.7285 to change the trend. The Australian dollar is usually so sensitive to risk...
Apple and a dilemma called TMTG
Price moves at the important level to determines the Buy or SellTrump Media & Technology Group, known as T Media Tech LLC, is the newest American media and technology company founded in February 2021 by former US President, Mr. Trump. And now, af...
FED meeting minutes and Market reaction
Walking before the run will help the stocks?Yesterday, the Federal Reserve's Open Market Committee (FOMC) released the minutes of its monetary policy meeting of January 25–26, 2022. Participants did not provide clear clues about the main questions of...
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