COT Report – Analysis and Talking Points The Predictive Power of the COT Report How to Read the CFTC Report Source: CFTC, DailyFX (Covers up to October 8th, released October… Read more »
Binance Coin saw a slight increase of around 1% over the past 24 hours and it currently trades at $16.88. This followed a larger surge in which BNB gained 9.7%… Read more »
Ethereum saw a small decline of around 1.5% over the past 24 hours and it currently trades at $186. Over the past week, the cryptocurrency increased by over 7.5% before… Read more »
On Wednesday morning Bitcoin perked up and punched above the $8,300 resistance during the U.S. trading session. Daily crypto market data. Source: Coin360 The 5% rally was well-timed as Bitcoin… Read more »
Ripple price remained in a positive zone and rallied another 5% above $0.2750 against the US dollar. The price is trading in an uptrend, but it is now facing a… Read more »
EUR/USD faced rejection at the 21-day MA for the third straight day on Monday. A daily close above the 21-day MA is needed to revive the corrective rally. EUR/USD’s recovery… Read more »
Weekly crypto market data. Source: Coin360 As the weekly close approaches Bitcoin remains pinned in the $8,300 to $7,800 range. For the past few days, the digital asset has… Read more »
The Elliott Wave Theory is famous for the 5 waves advance and 3 waves declined, as we are showing in the following chart:As we can see, there are 5 waves… Read more »
Gold Price Talking Points: Gold Bulls Come Back After Q4 Open The late-September ramp in the US Dollar produced a noticeable dent in Gold prices. But, given the prior bullish… Read more »
US Dollar Talking Points: The US Dollar finished September and Q3 with a push of strength that perches the currency up to fresh two-year-highs. This strength remained despite two rate… Read more »