Month: January 2021
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Bitcoin leaks MA 100/200 hours
Turns to the $ 30,000 and 50% retracement level The price of bitcoin has consolidated above and below the 100…
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European stocks close lower in the day
German DAX -0.1%. CAC of France -0.4% Major European indices end the day lower after failing to hold on to…
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EURGBP remains below swing / midpoint area
Oscillation zone between 0.8860 and 0.88766. 50% midpoint at 0.88788 The EURGBP has moved below a swing zone AND the…
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USDCHF drops to new session lows. The tests are low compared to last week.
Price drops from 100 MA hours and cracks below lower trendline USDCHF just moved lower to test Jan 13 low…
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USDJPY Dips Below Year Midpoint Cannot Be Maintained
The pair traces the movement lower and sets a double bottom and double top for the day USDJPY traded lower…
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US stocks open higher. New records for the 3 major indices.
NASDAQ is leading the way. Smaller Dow gains The US stock market is now open and all three major indices…
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GBPUSD remains above the key swing area on the downside. Bullish
Staying above the 1.3700-1.37088 area allows buyers to stay in play The GBPUSD had an uptrend in the European /…
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EURUSD climbs but reverses lower
Still above the 200 hour MA EURUSD soared and in the process hit a 38.2% decline from the Jan 6…
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Lagarde Q&A: currency appreciation slows down inflation
Comments by the leader of the ECB during the press conference Lagarde really wanted to emphasize how long they would…
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BOC’s Macklem: Canada Doesn’t Need As Much QE Over Time in Reference Case
Bank of Canada leader comments on Bloomberg The Canadian dollar rose 20 pips to a new three-year high on this,…
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