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Market picture Last week saw the launch of 11 spot bitcoin ETFs in the US. On Thursday, the first day of trading, the total volume traded in these ETFs was $4.6 billion, and the price of bitcoin reached a multi-month high near $49000. The “sell the facts” pattern was already evident on Friday and continued […]

The post Bitcoin Tests the Strength of an Uptrend appeared first on Action Forex.

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Euro Drifting Ahead of German CPI

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08/12/2023

Japanese Yen Stays Top of Mind

Markets The Japanese yen stays top of mind. BoJ deputy governor Himino and his boss Ueda triggered a scorching rally amid rising bets of an imminent (December 19) policy shift. USD/JPY fell from an open at 147.31 to an intraday low of 141.71. The pair eventually closed at 144.13 with strong support from the 200dMA […]
21/06/2024

EUR/USD: Falls Further on Downbeat PMI Data

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EURUSD: Seeking Liquidity in Weekly Selling Zones. Key Intraday Levels

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