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Bitcoin Poised to Break above $41431!
Bitcoin is poised to breach above the Fibonacci 23.6 resistance level. It looks the momentum is on bulls’ side and Bitcoin will breach the resistance at $41431, and we will be watching this week how Bitcoin rises to test the next resistance at Fibona...
USD in demand, while tensions are increasing
EU leaders and Biden are scheduled to meetThe US dollar safe-haven demand still leading its bulls, as the tensions continue on Monday while the Russia-Ukraine war still cannot see the light at end of the tunnel. Market risk even increased higher afte...
Weekly outlook, 21-25 March
A light week with Ukraine in the spotlight! On the economic data front, it will be a light week. But what will still be in the spotlight of investors is the news that will come from Ukraine. Tensions will lead the markets. However, we should not...
Oil Up with two reasons behind!
Less chance for peace talk so far! After six days falling in raw, Oil was up on Thursday and continued the uptrend so far on Friday, ignoring both EIA and API reports. Yesterday oil started the day at $94.80 and ended at 102.12 US Dollars w...
BOE and FED, Same decisions, same reactions!
Time to buy the Sterling?Just an hour ago, the Bank of England has raised rates by 0.25%, while there were many rumors about a 50bp rate hike. Rumors buyer’s lifter the Sterling ahead of MPC voting above 1.32. On the voting, many were disappointed wi...
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