Traders Blog - Analysis, Strategies, News and more
Ripple and SEC comet story
The ongoing legal battle between the SEC and XRP still affects its market price. While other digital assets are involved in supply and demand, XRP has an additional headache, which, if it wins, can encourage the whole crypto market. Still, if it lose...
RBNZ Preview | February 2023
Reserve Bank of New Zealand will hold its first monetary policy meeting this year on February 22. In its last meeting in November 2022, with a 75bp rate increase, Central Bank in New Zealand raised its primary interest rate to 4.25%. With a significa...
A worrying start on the busiest day of the week
We will have a busy Tuesday with PMI numbers from Europe and the US and Canadian inflation data. We are optimistic about most of these data results as lower energy prices in the past months can be a good driver for the global economy. Expected data c...
Bitcoin testing Fibonacci 161.8 resistance
Bitcoin resumed advancing last week and is below $25,200 currently testing Fibonacci 161.8 resistance. The price is in consolidation mode after rebounding from the Fibonacci 100 level. The RSI is in neutral zone. Bulls are struggling to consolidate t...
Natural gas price keeps falling.
This year, natural gas spot prices have declined more than 46%. The price decline driver was the warmer-than-expected winter across Europe and the United States. While our last week's price prediction was about $3/MMBtu in February, with the current...
Tags
Subscription
