USDCHF Wave Analysis

In our analysis of the long-term BTC/USD chart on 22 July, we noted that: → From a long-term perspective, Bitcoin’s price is moving within an ascending channel (shown in blue); → On a shorter-term scale, the price has dropped from the upper to the lower boundary of the channel, forming a channel shown in red. […]

Nvidia selloff didn’t deepen yesterday, on the contrary, the recent end-of-quarter / end-of-the-first-half pullback attracted dip buyers – if you can call it a dip yet – and Nvidia shares ended up jumping by almost 7% in a single session. Yesterday’s jump will certainly help to cool the downside pressure and ease long squeeze worries […]

Markets With US and UK markets closed for a holiday yesterday, markets still showed some Monday-like slow trading dynamics today. German yields are changing less than 2 bps across the curve. Inflation expectations in the ECB April consumer survey declined slightly further (2.9% from 3.0% 1-year, 2.4% from 2.5% 3-year). Still this wasn’t really able […]