Traders Blog - Analysis, Strategies, News and more
US dollar outlook in the week ahead
A neutral trend with a bullish tendency seems more logicalAfter a two-week decrease, USD closed 0.13% higher than its open price last week. Last week the dollar index fell as low as 105.30 during the week but recovered later to close the week near th...
The first death in six-month! Oil sharp fall and return
The bears are trying to prove themselvesLast Friday WTI tested the price under $80 for the first time since September 28. The downtrend continued at the beginning of this week as well, to test the $75.20 on Monday. However, right after that bulls reg...
Crypto bears in control after resistance test
Bitcoin price dynamics didn’t undergo significant changes last week after dramatic collapse the prior week prompted by FTX exchange liquidity problems and subsequent bankruptcy. It is below $16,100 currently after consolidating for one week. A glance...
Red, the dominant color across the markets!
Financial markets today have no color than Red, as risk is leading the charts. A report about a record spike in new COVID-19 cases in several Chinese cities at the beginning of the week was the most worrying news! New lockdowns in several financ...
Aussie, Decrease after 4 weeks of growth!
Slower but longer! RBA continues its contractionary policiesNovember started with RBA monetary policy meeting. While the Reserve Bank of Australia was moving forward with aggressive 50-basis point rate hike increments, in the November meeting, they l...
Tags
Subscription
