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Month: August 2023

Cryptocurrencies

Silver Trapped Inside a Triangle Pattern

Silver prices are trading above a long-term uptrend line taken from the lows of September, but below a downtrend line drawn from the peaks in May. The combination suggests silver is locked inside a symmetrical Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

Silver Trapped Inside a Triangle Pattern

Silver prices are trading above a long-term uptrend line taken from the lows of September, but below a downtrend line drawn from the peaks in May. The combination suggests silver is locked inside a symmetrical Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

Silver Trapped Inside a Triangle Pattern

Silver prices are trading above a long-term uptrend line taken from the lows of September, but below a downtrend line drawn from the peaks in May. The combination suggests silver is locked inside a symmetrical Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

Silver Trapped Inside a Triangle Pattern

Silver prices are trading above a long-term uptrend line taken from the lows of September, but below a downtrend line drawn from the peaks in May. The combination suggests silver is locked inside a symmetrical Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

Silver Trapped Inside a Triangle Pattern

Silver prices are trading above a long-term uptrend line taken from the lows of September, but below a downtrend line drawn from the peaks in May. The combination suggests silver is locked inside a symmetrical Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

Jackson Hole Symposium to Shape Dollar’s Path

The Fed’s annual economic symposium will kick off on Thursday, but the highlight will be Chairman Powell’s flagship speech on Friday. With US yields trading at their highest levels of this cycle, his signals on Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

NZD/USD Climbs Ahead of Retail Sales

NZD/USD posts strong gains on Tuesday New Zealand retail sales are expected to decline by 2.6% The New Zealand dollar has posted strong gains on Tuesday. In the European session, NZD/USD is trading at 0.5959, Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

NZD/USD Climbs Ahead of Retail Sales

NZD/USD posts strong gains on Tuesday New Zealand retail sales are expected to decline by 2.6% The New Zealand dollar has posted strong gains on Tuesday. In the European session, NZD/USD is trading at 0.5959, Read more…

By , 3 years ago August 22, 2023
Cryptocurrencies

Bundesbank: Germany economy to stagnate, inflation to stay above 2%

In its latest monthly report, Bundesbank paints a sobering picture of the German economy, which remains ensnared in a weak phase. Key factors hampering growth include tepid foreign demand combined with escalating financing costs. The Read more…

By , 3 years ago August 21, 2023
Cryptocurrencies

NZD/USD pressing channel support, could it bounce from here?

In recent weeks, the antipodean currencies have encountered turbulent waters, contending for the title of the month’s poorest performers. Reserve Banks of both Australia and New Zealand are widely perceived to have reached the peaks Read more…

By , 3 years ago August 21, 2023

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