To the moon! Bitcoin moves to a new session. Nearly reaches a $22,000
Bitcoin Bitcoin Moon Bitcoin Price Bitcoin Bitcoin is the world’s largest and first digital currency, launched by Satoshi Nakamoto in 2009. Because it is a digital currency, its defining characteristic…
S&P moves back toward 200 day moving average at 3968.83
Towards the end of the trading day, SandP briefly rose above its 200-day moving average of 3968.82. The high price is 3970.15. As a reminder from earlier this week, the…
EUR/USD PRICE ANALYSIS: A TEST OF 1.0900 REMAINS WELL IN PLACE
EUR/USD sees its recent strong gains stall. A bullish bias reversal should target the 1.0900 level. , EUR/USD will soon come under pressure after hitting a 9-month high of 1.0870…
USD/CAD REBOUNDS FROM SEVEN-WEEK LOW, JUMPS BACK ABOVE 1.3400 AMID RESURGENT USD DEMAND
USD/CAD is making a solid intraday recovery as demand for the USD continues to grow strongly. Safe haven for recovering US bonds and rising risk-free momentum. Positive oil prices could…
Gold is set for the highest weekly close since April, what’s next
The Golden Bulls are definitely having a moment. In early December, as always, I highlighted the seasonal trend towards higher gold. Again it worked and continues to be the best…
Bitcoin moves closer to 200 day MA at $19510.82.
Bitcoin price continued to rise today and is approaching the 200-day MA at $19510.90. Today’s high reached $19,396, which is only $120 below the MA. The price of Bitcoin has…
EUR/USD UPTREND IN LATE 2022 TO BE REPLACED BY PULLBACKS AND CHOPPY TRADING CONDITIONS – RABOBANK
While analysts at Rabobank predict that the DXY may end the year slightly lower, they expect 2023 to offer plenty of opportunities for USD bulls to join. They maintain the…
GBP/USD RALLIES SHARPLY ABOVE 1.2070 ON DISAPPOINTING US SERVICES PMI
GBP/USD rallied sharply near 1.50% on disappointing US ISM data. Hawkish Fed call failed to weigh on GBP/USD. Next week’s economic calendar includes reports on GDP and US CPI. ,…
CIBC now sees the Bank of Canada hiking 25 basis points this month
Today’s jobs report showed the Canadian economy added 10 ,000 jobs in December, well above the 5,000 consensus. This follows a strong November CPI report and the OIS market is…
Crypto’s hard turnaround
Bitcoin failed to break the $17,000 mark on Wednesday and has recovered to $16,77,000 as of this writing. Price fluctuations are still more than moderate. BTC is still slightly above…