Bitcoin prices logged additional losses today after the drop they suffered yesterday. Analysts weigh in on what drove these latest declines. Daily price broke Ichimoku cloud to below for the primary bearish reversal: the price is testing 35,580 support level to below for the primary bearish trend to be continuing. more...
The euro continues to lag major central banks as far as rate hikes are concerned, leaving it vulnerable over the medium term despite warnings from ECB officials. Daily price is located far below 200 SMA in the bearish aeea of the chart with the oversold market condition. The price is testing the bearish triangle pattern with 1.047 support level to below for the bearish trend to be continuing. Alternatively, the price will be on the secondary ...
[QUOTE=TheNews;151949]Fed balance sheet tightening just around the corner. Ahead, all eyes are on US CPI and a slew of Fedspeak amid jittery markets. Daily price is located above Ichimoku cloud in the bullish area of the chart. The price is trying to cross the bullish triangle pattern with 103.96 resistance level to above for the bullish trend to be continuing. Alternative, the price may be bounced from resistance level to below for the ...