Bears Pressure Under 113.00 amid Omicron
The Omicron panic set this week in motion on Friday, November 26. The currency and Treasury markets are awaiting confirmation that the variant is dangerous. As payrolls miss forecasts, the… Read more »
Tag: Bears
EUR/USD Technical Analysis: Bears Prevail
Fears of the new COVID variant continue to negatively affect investor sentiment, as countries, especially European, re-imposed lockdowns and hurt the euro against the other major currencies. The EUR/USD fell… Read more »
EUR/USD: Bears Retake Charge | Investing.com
After taking a short break last Friday, bears are back dominating . On Monday, the major currency pair is falling towards 1.1280. It is most unlikely that market players made… Read more »
Bears Still in Control For Now
The pair will likely continue falling this week as bears target the September low at 0.7165. Bearish View Bullish View The AUD/USD tumbled to the lowest level since October this… Read more »
Bears to Aim at 0.71 amid Dovish RBA
With rising cases and lockdowns in Europe, COVID risk aversion is resurfacing. Fourth-quarter economic growth in the US was stronger than expected. In 2022, the Reserve Bank of Australia rules… Read more »
Bitcoin Bounces To $58K, Why Bears Could Spill More Blood
After one of its most bloody days in 2021, Bitcoin is trying to reclaim critical support above $58,000. A daily close north of this target could push BTC’s price back… Read more »
Bitcoin Turns Red, Why Bears Aim A Retest of $55K
Bitcoin price extended decline below the $60k support against the US Dollar. BTC could extend losses towards $55k in the coming sessions. Bitcoin started a fresh decline below the $65k… Read more »
Bitcoin Bears Are Back, Why BTC Could Even Dive Below $60K
Bitcoin price failed to settle above $65,000 against the US Dollar. BTC started a fresh decline, and it might extend losses below the $60,000 support. Bitcoin started a fresh decline… Read more »
UK Jobs & Inflation to Cope Bears
In response to high US inflation data, the GBP/USD has been declining. The US retail sales and British inflation data stand out. In mid-November, the daily chart paints a decisive… Read more »
XAU Rising Wedge, Will the Fed Feed Gold Bears?
Gold talking points: Gold prices remain in a pattern of longer-term digestion and this may remain until 1834 (resistance) or 1680 (support) are finally taken-out. Gold has been sensitive to… Read more »