Cryptocurrencies

The Magic Combo

Europe appears to be coming apart one nation at a time’, writes Bloomberg to summarize the complicated politics of the old continent. After the French snap election led to a divided government and an ungovernable Read more…

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Cryptocurrencies

Recovering PMIs

In focus today In the afternoon, US November retail sales and industrial production are due for release. Leading soft indicators gave very conflicting signals in November, so the Fed will closely follow hard data releases Read more…

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Cryptocurrencies

EURCAD: Bearish Outlook

European Central Bank (ECB) President Christine Lagarde has signaled that more interest rate cuts may be coming if upcoming inflation data matches expectations. Speaking at the Bank of Lithuania, Lagarde mentioned that the eurozone is Read more…

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Cryptocurrencies

AUDUSD Wave Analysis

AUDUSD reversed from support zone Likely to rise to resistance level 0.6400 AUDUSD currency pair recently reversed up from the support area set between the strong support level 0.6350 (which has been reversing the price Read more…

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Cryptocurrencies

USDCAD Wave Analysis

 USDCAD reversed from support zone Likely to rise to resistance level 1.4300. USDCAD currency pair recently reversed up pivotal support level 1.4140, former resistance level which reversed the price sharply at the end of November. Read more…

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