The past few days had Bitcoin on a free fall, completing six successive red weeks. Intensified bearishness saw BTC breaking beneath $37K, which offered a sturdy foothold within the previous months on several occasions. The price plummets emerged after Bitcoin encountered rejection while attempting to overcome the 50- and 100-day MA lines and triggered massive … Read more
USD/JPY trades beyond 131. The Japanese yen lost its safe-haven prestige. A decline beneath 127 would mean reversals. The Japanese yen witnessed a freefall, and the USD/JPY reflected the fall, with the exchange rate climbing beyond 131. That translated to the steepest drop in two decades. However, this isn’t the first time the Bank of … Read more
With the turmoil within the financial markets frightening market players, a massive economic crisis might be impending. The initial steps by Fed Reserve toward stiffening fiscal policy expose susceptibility within a high leverage economy. The Federal Reserve spent years deploying artificial stimulation to the economy. Meanwhile, it attempts to remove the stimulus without crashing the … Read more
Bitcoin and the altcoin market await the next catalyst after ending April on a bearish note. Though the current condition reflects an improved mood, market players remain worried due to the upcoming FOMC (Federal Open Market Committee) conference. Assets within the cryptocurrency marketplace have experienced substantial sideways actions over the past two days. That is … Read more
RBA exceeded expectations in its rate hikes. AUD witnessed gains across the FX board. AUD/USD investors waited for Fed’s move. The Reserve Bank of Australia is among the leading central banks that conduct monthly meetings to assess the economy and make appropriate interest rate decisions. That happens on the first Tuesday of each month. For … Read more
The Shell share saw its price forming a climbing wedge formation. Analysts expect mixed results from the upcoming earnings report. Other energy shares saw sideways actions after publishing outcomes. The Shell share price remains range-constricted as market players await the firm’s quarterly results this week (on Thursday). It trades around 2,173p and has stayed at … Read more
ETH Profits Review ETH Profits is a seasoned brokerage firm that offers clients a safe and secure trading platform. The broker is known for its innovative trading capabilities, current trading assets, and comprehensive client assistance. In this ETH Profits review, I’ll go through the aspects that set it apart as a sure bet for traders … Read more
McDonald’s revealed better than expected Q1 outcomes. The worldwide comparable sales surged by 11.8%. The United States stock market is still under pressure. McDonald’s Corporation shares plunged this week despite reporting somewhat impressive first-quarter results. The stock trades under NYSE: MCD ticker. However, should you purchase McDonald’s stock? The United States stock market is still … Read more
Agartha Asset Management Review It has been almost two decades since the online trading industry has been around adding more value, products, and services to it. For almost two decades, people were uncertain about the nature of online trades, which is why they did not invest in them. However, the past two couple of years … Read more
Bitcoin has attracted the attention of traders, analysts, and investors with its struggle with the $40,000 level this year. The dominant crypto comes back to test the mark as resistance or support each time. That’s regardless of the magnitude of its rally. Back to The Level Again? Bitcoin hovers within an ascending channel on large … Read more