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 »
Tag: lows
Bitcoin Price Analysis: BTC Takes a 10% Deep-Dive To $6,000, New Lows Coming Soon?
After three days of dull price action inside a $200 range ($6600 – $6800), Bitcoin saw a huge plunge back to the $6000 area, more than 10% were lost in… Read more »
Bitcoin Ascends on Twitter While Major Altcoins Hit Multi-Year Lows
Major altcoins have seen their Twitter presence greatly reduced in the wake of the recent cryptocurrency market crash. According to data from Bitinfocharts, major altcoins such as Ethereum, Litecoin, and… Read more »
USDCHF is the next currency to move to new session lows today.
USDCHF trades at the lowest level since March 18 The USDCHF is the next currency to extend to a new extreme against the US dollar (to the downside) following moves by the GBPUSD… Read more »
USDCHF trades to session lows and tests 100 day MA
100 day MA at 0.97585. Lower trend line at 0.9749. The USDCHF trades to a new session low and in the process is back down testing the 100 day moving… Read more »
Bitcoin Price Holds Key $5.9K Support, Avoiding a Retest of Recent Lows
As the Coronavirus pandemic continues to unfold, markets, both traditional and crypto, remain highly unpredictable. Even gold has failed to provide safety for investors and Bitcoin is undergoing a demanding… Read more »
Inflation expectations in US and Eurozone hit record lows
The market-based measures of inflation expectations in the US and Eurozone have declined to record lows amid the even increasing fears of a coronavirus-led recession in the global economy. The… Read more »
GBP/USD Off 35-Year Lows as U.K. Goes Into Lockdown to Curb Covid-19 Outbreak By Investing.com
© Reuters. By Yasin Ebrahim Invesing.com – The pound moved off 35-year lows on Friday, though remained under pressure, even as the U.K. government proposed more stimulus measures to combat… Read more »
US stock index consolidates losses in 12-month’s lows
S&P500 consolidates losses below the 2500 level. The level to beat for bears is the 2300 support. S&P500 daily chart The market is consolidating the sharp drop while… Read more »
Pounds decimated into 1985 lows
GBP/USD lost about 10% in seven days. The level to beat for bears is the 1.1797 support. GBP/USD daily chart GBP/USD is melting down in the last seven… Read more »