Logo-color Logo-white

Market Picture The cryptocurrency market corrected 0.5% to levels from a day earlier to $2.22 trillion, continuing to settle at the top near the previous month’s peak. As expected, cryptocurrency selling intensified near the previous peak. The cryptocurrency market will need to rise another nearly 3% to validate the breaking of the multi-month downtrend. Bitcoin’s […]

The post Bitcoin Keeps at Heights, Litecoin Pushes Back from Resistance appeared first on Action Forex.

previous

Bitcoin Price Could Be Ready for Bigger Gains, Gold Sets New ATH

next

GBPUSD Unlocks Another New 2½-Year High

Read More

15/01/2024

EURGBP Continues to Oscillate Within a Range

EURGBP slides but remains within a range MACD and RSI detect negative momentum A dip below 0.8520 could turn the outlook bearish EURGBP has been drifting south recently, after it hit resistance slightly above the 0.8700 territory. That said, although the pair is currently trading below all three of the plotted exponential moving averages (EMAs) […]
18/04/2024

Two Riksbank Speeches to Give Insight into Near-Term Monetary Policy

In focus today Today, two Riksbank board members will give speeches on monetary policy and the economic outlook, Aino Bunge (8.30) and Per Jansson (16.00). It will be very interesting to hear their comments on the benign March inflation print and the recent global developments, in particular how they assess the perception of delayed rate […]
02/12/2024

Russell 2000: On Sight for a Potential Fresh All-Time High

Russell 2000 outperformance against S&P 500 and Nasdaq continued to persist since Q3 2024. The recent monthly Russell 2000 stellar performance of 10.8% in November has been reinforced by the incoming Trump administration’s “America First” policy. Watch the 2,288 key medium-term support on the Russell 2000. Since our last publication, the price actions of the […]