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USD shows no signs of slowing down
DXY above 108; waiting for the inflation update! DXY increased above 108 overnight and before cooling down to 108.30 area, tested 20 years high above 108.50. One of the leading market drivers for DXY was the last week's NFP numbers. According to...
Global Economic Outlook - Monthly Forecast, July 2022
A chaotic situation that makes predictions impossible!July is a significant month, beginning the third quarter and the Second Half of the Year with the Q2 Earnings report. The first half was terrible, the worst H1 since the `70s. SP500 lost more than...
Bitcoin trading sideways – up from here?
Bitcoin ended up six out of seven sessions last week but the downtrend has not reversed yet. Bitcoin price is above $20,000 currently. A glance at the daily chart reveals Bitcoin sideways trading continues currently after the price reversed its climb...
BTC: Can we see another crash before longer-time bulls?
Despite the recent correction, Bitcoin is still trading under 200 Weekly MA.In the BTC chart, traditionally 200-weekly moving average is significant, especially for long runs. As we could see in the past few days, Bitcoin also had some corrections in...
NFP Preview | June 2022
What do we have in June minutes? And our expectations from NFP! Friday, all eyes will be on NFP numbers to find out more about FED's next possible move in the policy meeting, which will be held July 27-28.The Fed raised the possibility of a high...