View Bitcoin quickly fell from $10,842 to $10,082 earlier today, confirming a rising wedge breakdown on the hourly chart. The bearish reversal pattern has opened the doors for a retest… Read more »
We might be approaching a key inflection point in the charts where funding currencies take a breather from its elongated movements just as the PBOC continues to make sure that… Read more »
Powell opening statement: Cut intended to ‘insure’ against downside risks Coming Up! Title text for next article Highlights in Powell’s opening statement:… Read more »
Bitcoin has close above the $10,000-level in its interim upside correction, but that does not guarantee an explosive price rally. Noted market analyst Josh Rager said on Thursday that bitcoin… Read more »
British Pound Talking Points GBPUSD appears to be on track to test the monthly-low (1.2382) amid the slew of resignations within the Conservative Party, and the British Pound stands at… Read more »
Financial markets are bracing for a busy week of earnings and possible trade progress between the world’s two largest economies. The focus at the start of the week remains heavy on… Read more »
© Reuters. Bank of Korea Unleashes Surprise Rate Cut as Trade Risks Grow (Bloomberg) — The Bank of Korea unexpectedly lowered its benchmark interest rate as the nation’s export slump… Read more »
Comments by BOJ governor, Haruhiko Kuroda Global economy is expanding moderately Domestic demand in the Japanese economy is holding firm Says BOJ will mull additional easing if price momentum is… Read more »
Brent created a bearish engulfing candle on Monday. The daily chart now favors a drop below $66.00. Brent is looking south and could drop below $66 in the next few… Read more »
CRUDE OIL FUNDAMENTAL FORECAST: BEARISH Crude oil prices may gain on supply-disruption fear over Iran political risk Poor reading in China GDP data could overwhelm Brent and reverse gains Selling… Read more »