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Month: June 2023

Cryptocurrencies

BTCUSD Analysis: Clients Fleeing Binance

According to various estimates, from USD 2.36 billion to USD 3.35 billion was withdrawn from the largest cryptocurrency exchange in 1 week. The head of the exchange, Changpeng Zhao, said that the drop in the Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

EURGBP Rebounds But Stays in Downtrend

EURGBP rebounded yesterday after triggering some buy orders near the 0.8545 zone, marked as support by the low of December 1. That said, the pair remains below the upward sloping line drawn from the low of Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

EURJPY Tests Restrictive Trendline Near 15-Year Peaks

EURJPY had been in a strong uptrend, which ceased at a fresh 15-year high of 151.60 in early May before the pair corrected lower. Although it quickly found its feet and attempted a rebound, the Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

EURJPY Tests Restrictive Trendline Near 15-Year Peaks

EURJPY had been in a strong uptrend, which ceased at a fresh 15-year high of 151.60 in early May before the pair corrected lower. Although it quickly found its feet and attempted a rebound, the Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8558; (P) 0.8582; (R1) 0.8624; More… Intraday bias in EUR/GBP is turned neutral with current recovery. Outlook will stay bearish as long as 0.8634 resistance holds. Break of 0.8538 will resume larger Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

UK payrolled employees rose 23k in May, unemployment rate down to 3.8% in Apr

In May, UK payrolled employees rose 0.1% mom or 23k. Comparing with the same month a year ago, payrolled employees rose 1.6% yoy or 460k. Median monthly pay rose 7.0% yoy, highest in the other Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

Technical Outlook and Review

DXY: The DXY chart currently demonstrates bearish momentum, indicating a downward trend in price. There is a potential for a bearish continuation towards the first support level at 103.29. This support level represents an area Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

GBP/USD Starts Correction, US CPI Report Next

Key Highlights GBP/USD started a downside correction from the 1.2600 zone. It traded below a key bullish trend line with support near 1.2550 on the 4-hour chart. EUR/USD is still holding the 1.0710 support zone. Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

Elon Musk Is Looking for Help

Elon Musk, the whimsical and charismatic CEO of the electric vehicle manufacturer Tesla, knew how to build his own image and that of his many companies.  He wears many hats in his various companies, of Read more…

By , 2 years ago June 13, 2023
Cryptocurrencies

An Airline Is Getting Blasted Over New Flight Attendant Weight Limits

In the early days of jet travel, the industry worked hard to create a “glamorous” image of flying and selected flight attendants based on strict and often arbitrary guidelines on appearance. An old ad for United Read more…

By , 2 years ago June 13, 2023

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