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Market Picture Bitcoin’s closing price on Tuesday became the lowest since late February, confirming the downward trend and falling under March and April support and the psychologically important round level. Bitcoin ended April down 15.5% to $59.9K, after six months of gains out of the last seven (January BTC ended virtually unchanged). Technical downside targets […]

The post A New Stage of Bitcoin’s Decline appeared first on Action Forex.

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10/07/2024

Fed Chair Explicitly Said He Didn’t Intend to Give Any Rate Timing Signals

Markets Fed Chair Powell before Congress yesterday reiterated that the US economy is coming into better balance. It made considerable progress toward the Fed’s 2% target. The labour market has cooled but remains strong. Even so, data still have to provide the MPC greater confidence that inflation is sustainably moving to target. Recent readings showed […]

NZD/USD Outlook: Kiwi Dollar Down 1% on Dovish RBNZ

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30/07/2024

GBPUSD Extends Pullback From 1-Year High

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