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FED Preview | March 2023
The two-day meeting of the Federal Reserve started on Tuesday. At the same time, important questions have occupied the mind, like will the recent banking collapse affect the policymakers' decisions, and how many more hikes will we have? And so on.&nb...
Gold and return under 2,000 US Dollars!
After touching above 2K, yellow metal returned under this key and psychological level, last seen in August 2022. As banking concerns have been lifting the Gold demand, with fewer concerns and more signs of confidence, trends reversed. Also, before th...
Bitcoin rally to persist?
Bitcoin’s price rallied dramatically last week as it reversed its retreat! The price is above $28,000 currently. Bitcoin breached above the Fibonacci 100 and then went up to breach above Fibonacci 161.8 resistance! The RSI entered the overbought zone...
Weekly Economic Outlook, 20-24 March
Recent fears will affect the policymakers' decisions, but they can not end the hawkish cycle at this level. While financial markets are worried about the spread of bankruptcies to more banks, FOMC, SNB, PBoC, and BoE will have monetary policy meeting...
Crypto Safe-haven role and a new scandal
In recent days cryptocurrencies have been taking advantage of uncertainty in other markets. Many people started to talk about the safe-haven opportunity that Bitcoin and many other altcoins could give us. However, the whispers about iEarnBot challeng...