Weak Attempts for Upward Correction
During last week’s trading, the GBP/USD pair managed to take advantage of the decline in the USD and rebounded higher with gains reaching the 1.2529 resistance. Gains stopped at this… Read more »
Tag: weak
USD/JPY Technical Analysis: Weak Upward Correction
After several trading sessions during which the price of the USD/JPY pair attempted to correct higher, and at a slow pace, the pair was unable to overcome the barrier at… Read more »
Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen – CoinDesk
Bitcoin spot volume may have been low this week, but the real action in crypto has been in the options market and decentralized finance. Bitcoin (BTC) was trading around $9,274… Read more »
China Delivers Weak Output Data
“The strong growth in May is bolstered by the normalization of the Chinese economy and low oil prices,” commented an analyst at SIA Energy. China’s factory output increased in May,… Read more »
Wall Street Rally Goes Global as Weak Dollar Lifts All Boats By Bloomberg
© Reuters. Wall Street Rally Goes Global as Weak Dollar Lifts All Boats (Bloomberg) — For investors wondering how markets can keep rallying in the midst of economic disaster, just… Read more »
False Alarm? Bitcoin Upsurge to $9,600 Is a Weak Futures-Driven Rally
The price of Bitcoin (BTC) rose to as high as $9,620 on May 28 ahead of the CME futures market’s monthly close. Market data shows the rally of BTC —… Read more »
DXY remains weak post-FOMC Minutes
US Dollar Index (DXY) remains on the back foot after suffering its worst daily decline in 5-weeks on Monday. The FOMC Minutes reiterated that the Fed is ready to use… Read more »
Ethereum Price Analysis: ETH Testing Important Resistance At $200 But Remains Weak Against Bitcoin
Ethereum continued to trade in a range between $190 and $200. Against Bitcoin, the price may dip lower if the 0.021 BTC support fails to provide a rebound. The trend… Read more »
Ripple (XRP) Plunge To $0.20 On The Horizon As Bulls Show Weak Hands
Ripple failed to stay above the $0.2200 support and declined recently against the US Dollar. XRP price is showing bearish signs and it could continue to dive towards $0.2000. Ripple… Read more »
US Dollar Unphased by Weak US PMI Figures
US PMI’s, Initial Jobless Claims, US Dollar Talking Points: US services and manufacturing PMI’s fall sharply for April Business confidence flips pessimistic for first time in the indexes history Initial… Read more »