Key Highlights Bitcoin price gained over 15% in the past few days. BTC is trading above a connecting bullish trend line with support at $61,500 on the 4-hour chart. Oil prices corrected losses and climbed above the $71.20 resistance. Gold surged to a new all-time high above $2,630. Bitcoin Price Technical Analysis Bitcoin price started […]
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Daily Pivots: (S1) 1.3278; (P) 1.3318; (R1) 1.3389; More… GBP/USD’s rally is still in progress and intraday bias stays on the upside. Decisive break of 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371 Read more…
Daily Pivots: (S1) 0.8449; (P) 0.8484; (R1) 0.8510; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral at this point. On the downside, break of 0.8374 will resume the fall Read more…
Markets Horrible European PMI business confidence (September) triggered a textbook bull steepening. German rates dropped between -2.8 (30-yr) and -8.1 (2-yr) bps. The spread between the 10-yr and 2-yr hit a milestone by turning positive Read more…