Will US CPI Data Come to Dollar’s Rescue?

USDCHF is coming higher this year, after breaking some important trendline connected from 2022 highs on a daily chart, where a breakout would lead to higher prices within big triangle range. Looking at the 4-hour chart, it looks like pair is in a higher degree corrective setback after a completed five-wave rally and broken trendline. […]

Fed is expected to cut rates, but is it too late to the game? Intense speculation about size of cut as markers lean towards 50 bps New dot plot will also be crucial in Wednesday’s decision at 18:00 GMT Fed to join rate-cut club The timing of the Fed’s first interest rate cut of the […]

Key Highlights Bitcoin price extended its rally above $65,000 and $68,000. BTC cleared a rising channel with resistance at $65,750 on the 4-hour chart. Ethereum also rallied above the $3,450 and $3,500 resistance levels. Gold prices are accelerating higher toward the $2,120 resistance. Bitcoin Price Technical Analysis Bitcoin price remained in a strong uptrend above […]