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Bitcoin rebound halted – will the downtrend resume?
Bitcoin price is below $18,500 currently. A glance at the daily chart reveals the price retreated four out of seven sessions last week – giving back all of the previous week’s gains! The downward trend reversal was completed last week – but it looks...
Europeans bet on losing horses.
More fall in European stocks after Friday's inflation reportEuropean stocks started the week on Monday with more falls as Last Friday's inflation report in the EU and the upcoming FED meeting in the US cast a shadow on the behavior of traders.While i...
Ethereum Merge and Cryptocurrency market!
Nothing stops the bears!The overall downtrend started in November 2021 and continues to bring the crypto market capitalization under $1 trillion, despite last week's biggest price gain in six months, which could bring the crypto market capitalization...
Gold's free-fall and expectations!
Gold moves in a clear downtrend with the pivot point at 1,700 US dollars.Gold prices were volatile last week, as conflicting factors used to work simultaneously. While ECB and other central banks` hawkish tones put pressure on gold prices, the dollar...
Yields increase, and stocks fall!
Nasdaq composite, falling under 12,000, seems to have breached the primary support and opened the doors for further reductions. After the inflation upside surprise, Thursday's employment report and retail sales also confirmed the excellent state...