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Bitcoin about to reverse the downtrend –above $30,000 still!
Bitcoin continued trading in a downtrend range last week. Bitcoin is currently back above $30,000 and a glance at daily chart reveals the bearish trend is about to breach above $30,750 and the RSI indicator has formed a bullish divergence. And in cas...
Weekly Outlook, the first week of June
BoC and OPEC+ meetings The week will start with the holiday in the US and will end with its Non-farm payroll numbers on Friday. On the other hand, while the conflict between Ukraine and Russia increases market risk and energy prices, OPEC and it...
Cardano: It's 85% down so far; when should I buy it?
Buy before June could be a good decision?The fifth-largest cryptocurrency by market capitalization and one of the best and most used blockchain platforms is still getting more attractive for enterprises and developers, unlike its 85% price decline.&n...
USDJPY: Bears paused as Yields raised again
US 10-year bond yields back above 2.8% USD/JPY regained most of its early losses after US GDP data and bond yields increased.Earlier this week Japanese Yen started to take back its loss against the US dollar. Global Risk-off mode, with more warn...
Loonie, on the eve of an important decision
Oil and Central banks against the Canadian Dollar.According to the May FED meeting minutes, the US economy is well strong and can tolerate even more hawkish policies. On the other hand, geopolitical tensions are expected to continue further to add to...
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