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BTC/USD Forex Signal: Bitcoin Forecast As It Remains In A Tight Range BTC/USD technical analysis
Bearish view Set a sell-stop at 66,000 and a take-profit at 64,500. Add a stop-loss at 67,500. Bullish view Buy the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 64,000. Bitcoin price retreated as investors embraced a risk-off sentiment during the overnight session. The BTC/USD pair crashed to the important support at 65,000, […]
Daily Market Outlook – Tuesday, June 18
Image Source: Pixabay On Tuesday, the Reserve Bank of Australia (RBA) decided to keep rates unchanged, citing persistent domestic price pressures. This is a common issue faced by central banks worldwide. The day was relatively quiet in Asia, with limited economic data in Europe. Attention now shifts back to political unrest in the region. However, futures […]
Consumer Survey Shows Rising Bullishness
The latest consumer survey data from the New York Federal Reserve had interesting data. “The New York Fed’s latest consumer survey found that expectations that stocks will be higher in the next 12 months rose from 39% to 41% since last month’s reading. At the same time, inflation expectations dropped slightly. Consumer sentiment numbers have recently highlighted how […]
Bitcoin Price Prediction: How Low Might BTC Price Drop This Crypto Market Crash
The post Bitcoin Price Prediction: How Low Might BTC Price Drop This Crypto Market Crash appeared first on Coinpedia Fintech NewsWith a 1.68% drop in the total market cap of the crypto world, Bitcoin continues to decline with a rise in supply pressure. Despite 90% of Bitcoin HODLers in profit, the downtrend warns of a steady decrease in […]
BTC/USD Forecast: Shows Hesitation On The Upside
Bitcoin Looks HeavyThat being said, it certainly looks as if we are starting to see the Bitcoin market look a little heavy. And if that’s going to be the case, we could very well see a significant pullback, maybe towards the $60,000 level, where we have seen a lot of buying pressure previously. If that does end […]
China’s Housing Market Is Starting To Crack Rapidly (What You Need To Know)
Image Source: Pexels Housing prices in China plunged in May, accelerating sharply after April’s big drop indicating the situation in the real estate market is getting closer to becoming disorderly. There will be fallout across the world should that happen, as there already is across China’s economy as the latest data also showed.Video Length: 00:19:05More By […]
Exxon Mobil Corp Found Sellers At The Blue Box Area
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Exxon Mobil Stock (XOM) published in members area of the website. As our members know the stock has been showing incomplete sequences in the cycle from the April 12th peak. Recently XOM has given us the recovery […]
Amazon Stock Price To Reach Over $300? 2030 Predictions
Jeff Bezos’ Amazon is one of the true-blue Silicon Valley Magnificent 7 stocks, a 30-year-old company dating all the way back to 1994.And just like all the other Magnificent 7 stocks, it’s had an interesting 2024 so far. So, what can we interpret about Amazon’s past and present movements that will show us where the […]
Tuesday Talk: Punting For The Holiday
Tomorrow the market will be closed for Juneteenth. This is a relatively new holiday, so I do not think there is enough data to generate behavior expectations. Unrelated, the market is jittery and anxious so the holiday may help. depositphotosMonday the S&P 500 closed at 5,473, up 42 points, the Dow closed at 38,778, up 189 points and […]
RBA Holds, BoJ Ueda Talks Rate Hikes
Image source: Pixabay Earlier today, the RBA was out leaving rates on hold as widely expected, while not wanting to rule out any decisions either way going forward. Ultimately, no major surprises from the central bank, with the Australian Dollar reacting accordingly.Video Length: 00:01:02More By This Author:Euro Recovers, Pound Stumbles Euro Struggling To Find A Bottom […]
