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Bitcoin rebounds – still in downtrend though!
Bitcoin retreat continued last week. Bitcoin price is above $20500 currently, after falling under the $28850-$30700 support range. A glance at daily chart reveals Bitcoin market is oversold – the RSI indicator is in the oversold zone. That explains t...
Bears are still there, but future moves need double-checking!
The market is in the thinking and decision stage.While it is a holiday in the US, the week started with red numbers on boards in the Asian season. After the central bank's decisions in the last two weeks, now policymakers' speeches will be in the spo...
Weekly Outlook, 20-24 June
BTC at 18K, and Powell`s testimony After the hawkish stances of major central banks, we have to watch the economic data this week. However, with more time passing, investors adjusting themselves and their portfolios to the new policy proce...
Yen at a historical low, eyes on US Treasury Yields.
BoJ, unlike major central banks, maintained ultra-dovish policies. For many investors, it's an attractive price for Yen to buy, while some analysts believe that the Bank of Japan is putting that at serious risk with its ultra-low interest rates....
US Jobless Claims, SNB surprise, and Calm BoJ!
Why did NASDAQ lose more than 4%?Before the Bank of England, the Swiss National bank had another week's surprise with a 50 bps rate hike, while the Bank of Japan's earlier decisions were in line with market expectations. With increasing inflatio...
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