Traders Blog - Analysis, Strategies, News and more
US Treasury Notes Yield and Gold
bears have overall market control under the 1,700 levelFears of Elizabeth Truss's economic plan in the UK that can stretch Britain's finances to the limit, caused the pound to drop sharply and helped the safe-haven US dollar to a new two-decade peak...
Bitcoin downtrend resumed – will the downtrend persist?
Bitcoin price is back above $18,500 currently. A glance at the daily chart reveals the price retreated five out of seven sessions last week – closing lower on the week! The downward trend reasserted itself again last week – the price is moving to tes...
Euros and experiences that are not likable at all
Euro continues to fall furtherAfter a very bad week, the new week started even terribly for residents of the euro area. The Euro testing its historical low against the USD and multi-year low against many other currencies.The story started last week w...
Ripple and major Cryptocurrencies (XRP, BTC, ETH)
What happened to Ripple and its overall outlook?During last week and the first days of this week, the cryptocurrency market was influenced by the news about Ethereum and its merge. While many were waiting for a bullish sentiment for Ethereum, it defl...
BoE could not help the Sterling.
A weaker economic outlook and increasing inflation remain in focus.On Thursday, just a day after FOMC, the delayed BoE meeting was held. According to the reports, there was not much unity among the members. While the Central Bank finally voted to inc...