Continuation of part one which aims to dissect the question "what backs cryptocurrencies."
Buy the British Pound.
Bears have overall near-term technical advantage amid fledging downtrend being in place.
S&P 500 and NASDAQ futures advanced to new historical highs yesterday.
All eyes on the Fed today Markets expecting 25bp hike Aussie continues to hold its M&A related gains yesterday
The With the pair continuing reject lower prices risk of a recovery higher is likely
Bitcoin (BTCUSD) was rejected yesterday at upchannel resistance (on the weekly and daily chart), and may see a few days of profittaking as hinted by the daily MACD histogram sliding down. A stronger selloff...
The Euro, Yen, Aussie and Canadian trades ahead of tomorrow's CPI and Fed rate hike.
The pair looks to resume its short term downtrend following its upside price rejection
NZD/CHF continues to rise inside the clear hourly Up Channel chart pattern which was previously identified by Autochartist. Autochartist rates the quality of this Up Channel at the 6-bar level which reflects...
The National Federation of Independent Business's Small Business Optimism Index rose 3.7 points in November to 107.5, which is the highest level in more than three decades.
AUD bid on M&A Broader USD range bound to weaker ahead of US FOMC tomorrow Australian NAB survey comes in light
The USDCAD consolidated again yesterday just below the October and November high, and is expected to continue today within a tight range as the market begins anticipating the FOMC Wednesday at 2pm EST...
The perpetual downwards movement in the Cable has resulted in a short-term bearish signal in the market. Price is under the distribution territory at 1.3350, going towards the ac
Dont miss our FX Rundown as the week sets up ahead of the Fed rate hike, inflation data and the ECB.
Cottons March Higher
Stock index futures extended Fridays advance today and are supported again by U.S. infrastructure spending plans on the horizon and after Congress last week passed a two week stopgap spending bill.
The pair closed lower the past leaving risk of more weakness on the cards in the new week.
USD quiet to start week Action packed week ahead Euro/dollar is starting the week with a strong bid
GBPAUD Buying The Dips After Double Three Correction