Volatile August price action here we come, traders focussed on USD resurgence
Here is what you need to know as we start a new week and month where seasonality comes into play in what is traditionally a volatile month for the forex… Read more »
Tag: action
choppy price action to continue
Source: IG Charts Main USD/MXN Talking Points: Mexico suffers worst economic contraction in history Dollar weakness continues USD/MXN limited by downward resistance USD/MXN continues in somewhat of a choppy price… Read more »
#USDJPY PRICE ACTION ANALYSIS
#USDJPY PRICE ACTION ANALYSIS U.S. Dollar/Japanese Yen FX:USDJPY Senior_Chartist The pair is approaching a major support level at 104.671. A descending triangle is also seen in the 1hr timeframe. The… Read more »
Silver Price Action at the Precipice
SILVER PRICE ANALYSIS Fading silver volatility not yet enough to hold back bulls Silver continues strong bull run, but may soon be poised for technical reversal The COT report and… Read more »
Market Wrap: Bitcoin Sticks Around $9,200 as Traders Eye Other Markets for Action – CoinDesk
Traders look towards altcoins and equities as volatility dips in a quiet July bitcoin market. Bitcoin (BTC) trading around $9,185 as of 20:00 UTC (4 p.m. ET). Slipping 1% over… Read more »
July Opens With Dull BTC Price Action Despite Stocks ATH: The Crypto Weekly Market Update
It’s safe to say that July has been relatively dull for Bitcoin when it comes to price action. The major cryptocurrency spent the last week trading in a range between… Read more »
Will Resistance Zone Reject Price Action Again?
Norway’s economy recovered in May as the government eased lockdown restrictions, following two months of steep declines. Statistics Norway, providing official statistics for the kingdom since 1876, released data identifying… Read more »
Blockchain Bites: DeFi and DEXs Surge, Bitcoin's Negligible Adjustment and an ICO Class Action – CoinDesk
DeFi’s agricultural revolution is spurring growth in decentralized exchanges. Meanwhile, the Bitcoin network experienced its lowest difficulty adjustment in 10 years, clocking a negligible change in mining difficulty today, while a… Read more »
Why Bitcoin's Network Activity Is Suggesting the Arrival of Major Price Action
Market participants are becoming overwhelmingly concerned about a 22,000 BTC transaction that was made by the perpetrators of the PlusToken Ponzi scheme. The last time the individuals behind this scam… Read more »
Dump Incoming? Bitcoin Price Action Matches Wyckoff Distribution Model
Bitcoin price has been consolidating after its last strong push higher for over forty days now. After many attempts to break up through $10,000, each rejection has caused the price… Read more »