In a notable development for cryptocurrency enthusiasts and investors, Bitcoin experienced a significant surge overnight, pulling other cryptocurrencies higher in its wake. This rally was triggered by Grayscale’s key legal victory against the US Securities and Exchange Commission in its bid to launch a Bitcoin exchange-traded fund. The favorable ruling could pave the way for […]
The post Bitcoin soars after Grayscale’s legal win, now pressing 55 D EMA appeared first on Action Forex.
The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…
USD//JPY stayed in consolidation below 156.74 last week. and initial bias stays neutral this week first. On the downside, break of 153.27 will bring deeper correction to 38.2% retracement of 139.57 to 156.74 at 150.18. Read more…