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Category: Cryptocurrencies

Cryptocurrencies

Sterling’s Focus Switches to a Crowded Schedule, as Selling Pressures Intensify

It will be a packed week for the British pound. The UK employment report will be published on Tuesday at 06:00 GMT, while on Wednesday and Friday investors will pay attention to CPI inflation (06:00 GMT) and Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Currency Pair of the Week: GBP/USD

With economic data releases from both the UK and the US this week, GBP/USD has the potential to be volatile. This week will be all about the economic data for the Great British Pound.  As Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

USD/JPY: Bullish Momentum Stalled, But Uptrend Intact Until Fed Blinks

Looking ahead, expectations for FOMC policy will be a major driver for USD/JPY… As my colleague Joe Perry noted last week, most central banks are expected to raise interest rates, in some cases dramatically, in Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

USD/JPY: Price Rally Stalls at 131.35

After a parabolic rise, USD/JPY registered its first weekly loss on Friday, providing traders the first opportunity to question whether this marks the end to the yen’s misfortune this year. Considering the prevailing uncertainty in Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

USDCHF Wave Analysis

USDCHF reversed from party Likely to rise to 1.0100 USDCHF continues to rise after the earlier upward reversal from the strong support at parity, 1.000 (earlier resistance from the start of May). The upward reversal Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Gold Wave Analysis

Gold reversed from support zone Likely to rise to resistance level 1825.00 Gold today reversed up from the support zone located between the key support at 1790.00 (which has been reversing the price from December) Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Musk and Bezos Agree on Who Is Responsible for Inflation

The two richest men in the world appear to have teamed up against a common adversary. It’s rare to see Elon Musk and Jeff Bezos agree on things. The former is the richest man in Read more…

By , 4 years ago May 17, 2022
Cryptocurrencies

Eco Data 5/17/22

The post Eco Data 5/17/22 appeared first on Action Forex.

By , 4 years ago May 17, 2022
Cryptocurrencies

Cramer’s Mad Money Recap 5/16: McDonald’s, JetBlue, Twitter

Jim Cramer says this market deserves to be hated. Get used to the pain. This market deserves to be hated, Jim Cramer admitted his Mad Money viewers Monday. It seems like every day we’re given Read more…

By , 4 years ago May 16, 2022
Cryptocurrencies

Michael ‘Big Short’ Burry Shorts Apple

Hedge fund investor Michael Burry bets against Apple. Infamous investor Michael Burry of “The Big Short” has bet against Apple ( (AAPL) – Get Apple Inc. Report), according to a SEC filing. During the first quarter, Read more…

By , 4 years ago May 16, 2022

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