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DXY above 100, inflation at new records!
US inflation hit the highest level since 1981.This week, one of the most important data that we used to follow closely, was the US inflation, which has published yesterday, Tuesday. On the monthly scale, CPI was seen at 1.2% in March, which is the hi...
Global Economic Outlook - April 2022
Despite all the fears, we are still optimistic!Despite geopolitical tensions, the global economy and economic data overall were better than expected. We could see that inflation was started to decrease, and retail sales have been growing across the E...
Bitcoin at Fibonacci 23.6 – Will $41,450 Be Breached Too?!
Bitcoin fell below $46,670 last week and is testing the Fibonacci 23.6 as bears took control of crypto markets. A glance at the Bitcoin daily chart reveals the bullish trend has not reversed yet. However, if bears maintain their hold on crypto market...
Weekly Outlook, 11-15 April.
Earnings report in a busy week!Doubts, after ending the war in Kyiv, and increasing fears in Eastern states of Ukraine in line with the Election in France, increasing the level of uncertainty in financial markets, while it is going to be a huge data...
BTC preparing for weekly loss, same as other assets
Elliot waves show 45.3K before testing 40KBTC started the week at 46,922, and at the current price of 43,645, loses about 7%, so far. These waves up and down are directly related to the geopolitical tensions and FED decisions, as market participants...