Bears Are Still in Stronger Control
The USD fell amid investor risk appetite, amid hopes of finding a vaccine to counter the Coronavirus soon. The GBP/USD is trying hard to avoid a breakdown below the 1.2200… Read more »
Tag: Bears
Bitcoin Price Stuck Sideways But Another $10K Retest May Trap Bears
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been hovering below the psychological barrier of $10,000. The halving didn’t give the market what they expected as… Read more »
Dow, S&P Continue Pullback – Are Bears Brewing for Another Push?
Dow, S&P 500, Nasdaq 100 Price Analysis Directional Dilemma in US Stocks It’s been a pretty astounding turnaround from the late-March lows across US equities. While all of the Dow,… Read more »
Bears Are Still in Control
After the US job market disastrous, markets await more US economic stimulus. American job figures in the Coronavirus era completed the bleak picture for the US economy, and increased pressure… Read more »
USD/JPY Technical Analysis: Bears Have Control
In light of the frightening free fall of the American economy, the government has no choice but to pump trillions of dollars with contingency plans. Risk aversion still supports stronger… Read more »
US Dollar Bears Slowing Down, GBP/USD Flips to Net Short
US Dollar, GBP/USD, USD/JPY, COT Report –Analysis US Dollar Bearish Positioning Slows Down GBP/USD Flips Net Short for the First Time Since December Investors Constructive on Safe-Haven Japanese Yen and… Read more »
Ripple Price Analysis: XRP Slips Further Away From $0.19 As Bears Get More Comfortable
XRP saw a small 1% decline as it dropped into the $0.185 level. The cryptocurrency has now broken beneath a rising trend line as it looks to head lower. Against… Read more »
Bitcoin Lacks Momentum Above 100 SMA: Here's Why Bears Are Comfortable
Bitcoin is currently correcting higher from the $6,559 swing low against the US Dollar. BTC price is now testing the 100 hourly SMA and it is likely to struggle near… Read more »
Ripple (XRP) Signaling Bearish Breakdown But Can Bears Gain Control?
Ripple is showing a few bearish signs below the $0.1980 resistance against the US Dollar. XRP price could start a strong decline if it breaks the $0.1900 support area. Ripple… Read more »
Euro bears en route towards March’s lows vs. Japanese yen
EUR/JPY bearish acceleration intensifies as the spot is nearing the March’s lows. The level to beat for bears is the 116.90 support. EUR/JPY daily chart EUR/JPY is dropping… Read more »