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Bitcoin back in downtrend – traders close to capitulation!
Bitcoin reversed the rebound last week and renewed the downtrend again! Bitcoin price is below $24000, considerably under the $28850-$30700 support range. A glance at daily chart reveals Bitcoin market is oversold – the RSI indicator is in the overso...
Stock Trading Myths
Many of you wonder if you should invest in the stock market. During your research you may stumble upon some articles with not very accurate information, or you may have some false beliefs altogether. So let us scatter some of them.Stock Trading Myths...
Weekly Outlook, 13-17 June
Nothing but central banks! After ECB and RBA, this week central banks in the United States, Japan, United Kingdom, and Swiss will also have monetary policy meetings and interest rate decisions. Investors and traders will mainly focus on We...
Worst still to come! CPI is printing new records!
After yesterday's ECB upward revision, US CPI disappointed investors.While after softening in April, many believed that it peaked and probably we can see some decline in May, consumer price index in May rose more than expectations.The US consumer pri...
Geopolitical turmoil and Bon Yields, opposing factors for gold price
Gold is under pressure but holding the demand as stock markets tumbling Geopolitical tensions and rising stagflation risks support the safe-haven assets, including gold. Moreover, that is why some professional analysts predict that the price of...
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