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Market picture It was a non-boring weekend for the cryptocurrency market. Market sentiment swung sharply towards buying the dollar and selling stocks, gold, and cryptos on Friday afternoon. Also operating over the weekend, the crypto market accelerated its decline on Saturday, with capitalisation falling to $2.2 trillion (-18% from Monday’s peak) but began to recover […]

The post Crypto Let Off Steam Rather than Start a Reversal appeared first on Action Forex.

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20/08/2024

The Sweet Soft-Landing Spot

The week kicked off on a positive note on expectation that when Federal Reserve (Fed) Chair Jerome Powell speaks at the Jackson Hole meeting on Friday, he will deliver a strong hint that the rate cuts will begin soon in the US. How soon ? Probably in September? By how much? Probably a reasonable 25bp? […]
10/07/2024

Elliott Wave Intraday Analysis on Silver (XAGUSD) Looking for Dips to Find Support

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Weekly Focus – Managing Expectations

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