Category: Cryptocurrencies

ECB Executive Board member Isabel Schnabel said in an interview that there was a “strong indication that growth is going to slow”. She would not rule out a technical recession in Eurozone, “especially if energy Read more…

Eurozone CPI was finalized at 8.9% yoy in July, comparing with June’s 8.6% yoy. CPI ex-energy, food, alcohol, and tobacco was finalized at 5.4% yoy (up from June’s 4.9% yoy). The highest contribution to the Read more…

Retail sales have become a bellwether of the economy, and consequently for the movement of currencies. Additionally, they can swing market sentiment, particularly if it’s a major economy that’s reporting. Tomorrow there are two currency Read more…

Market picture Bitcoin has lost 4% in the past 24 hours, falling to $23.3K. Ethereum lost 5.3% to $1840. Top altcoins are down 3% (XRP) to 8% (Solana). Total crypto market capitalisation, according to CoinMarketCap, Read more…

AUDUSD broke daily up channel Likely to fall to support level 0.6870 AUDUSD recently broke the support trendline of the daily up channel, inside which the pair has been rising from the middle of July. Read more…

EURNZD broke daily down channel Likely to rise to resistance level 1.6345 EURNZD recently broke the resistance trendline of the daily down channel, inside which the pair has been falling from July. The breakout of Read more…

Silver reversed from resistance level 20.50 Likely to fall to support level 19.00 Silver recently reversed down from the key resistance level 20.50 (former monthly low from May), intersecting with the upper daily Bollinger Band Read more…

NZDUSD is in the fourth consecutive day of declines, set to confirm its exit from a short-term bullish channel at 0.6267. While the momentum indicators suggest that the negative correction has just started, some confirmation is required Read more…