Market Picture The crypto market is consolidating in the $2.70 trillion area, near the bottom of the trading range of the last several days. This makes one wary of the near future. Technically, the market is consolidating under its 200-day moving average, signalling a change from long-term sentiment to bearish. Bitcoin is cruising under its […]
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Gold surged further above the 3000 psychological level today, extending its record-breaking rally as geopolitical uncertainty, trade tensions, and global monetary easing continue to fuel demand. Trade tensions remain front and center with investors are Read more…
RBA Chief Economist and Assistant Governor Sarah Hunter reinforced the central bank’s cautious stance on further rate cuts. She emphasized in a speech today that while the February cut was deemed an appropriate time to Read more…
Key Highlights Gold started a fresh surge and traded to a new record high above $3,000. It broke a major bearish trend line with resistance at $2,920 on the 4-hour chart. Bitcoin is still struggling Read more…