Traders Blog - Analysis, Strategies, News and more
Crypto bulls in control after resistance breach
Bitcoin price continues climbing after the bearish dynamics was reversed following the successful breach above resistance two weeks ago. It is above $17,200 currently. A glance at the daily chart reveals bears relinquished control decidedly last...
Crypto market after US employment numbers and recent Hacks!
The overall picture is still bearish.According to the Blockchain analytics firm, Chainalysis, over 3 billion US dollars had been hacked from the crypto industry across 125 attacks in the first ten months of 2022, putting this year on track to be a re...
NFP forecast - November 2022
The last signal before the Fed meetingGiven the different surprises in recent days in the economic calendar, we can not have an exact analysis of tomorrow's non-farm payroll numbers. However, based on published data so far, we can not expect an upwar...
OPEC Meeting, US inventories, and price prediction!
Economic data was disappointing, but Powell's speech increased the sentimentsOPEC meeting will start today, December first to set policy and the amount of output and supply. And then on the second day, they will make the final decision in consultatio...
Yuan inches higher, ignoring disappointing PMIs.
COVID restrictions and commitment to Zero-COVID can stay in place for the foreseeable futureYuan crept higher on Wednesday and ignored the weak economic data from China, and uncertainty over the country’s COVID policy.Most analysts revising lower the...
Tags
Subscription
