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Month: July 2023

Cryptocurrencies

Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

Dollar Turned into Consolidation Phase as Selling Passed Climax

Dollar recovered broadly last week and it seemed to have emerged from its near-term selling climax. While it’s premature to call for bullish trend reversal, the greenback has likely entered at least a consolidation phase, Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

EUR/USD Weekly Outlook

EUR/USD’s pull back last week indicates short term topping at 1.1274, after hitting 1.1273 fibonacci level. Initial bias stays on the downside this week for deeper fall. But outlook will remain bullish as long as Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

EUR/GBP Weekly Outlook

EUR/GBP’s strong rebound and break of 0.8657 resistance last week confirmed short term bottoming at 0.8502. But as a temporary top was formed at 0.8700, initial bias is neutral this week first. On the upside, Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

Week Ahead – Bracing for Next Week’s Earnings, Rate Decisions, and Major Economic Data

US The Fed is expected to resume raising rates at the July 26th FOMC meeting.  Fed funds futures see a 96% chance that the central bank will deliver a quarter-point rate rise, bringin the  target Read more…

By , 3 years ago July 22, 2023
Cryptocurrencies

Week Ahead – Bracing for Next Week’s Earnings, Rate Decisions, and Major Economic Data

US The Fed is expected to resume raising rates at the July 26th FOMC meeting.  Fed funds futures see a 96% chance that the central bank will deliver a quarter-point rate rise, bringin the  target Read more…

By , 3 years ago July 22, 2023

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