In March, both Bitcoin and the US stock market took a hit because of the massive outbreak of coronavirus. However, in 2020 Q1, BTC declined less than S&P 500 and Dow Jones indexes, which represent the US stock market. JPMorgan Asset Management has warned investors that they shouldn’t hurry and buy stocks because the worst […]

Retail Sales for February arrived +0.5% MoM vs the expected 0.4% and prior -0.3% and a fall of 0.6% in December 2019. However, there was a muted reaction in the data: AUD/USD remains sidelined near 0.6055 despite upbeat Aussie data AUD/JPY pays a little heed to upbeat Aussie Retail Sales The following industries rose in seasonally adjusted terms in February

Bitcoin price bulls capitalized on a technical breakout and closed in on $6,800 resistance. BTC/USD retreat tested the immediate support at $6,600 but technical levels hint sideways trading takeover. Bitcoin price rallied during the American session on Wednesday where the bullish leg extended above the resistance at $6,500. More buyers entered the market, pulling BTC/USD closer to

The COVID-19 spread is bearish for the cross. Rallies in the cross will be difficult to sustain multi-week. AUD/NZD drifted down 40 pips to 1.0260 overnight and is steady in an oddly quiet Asia on Thursday as markets consolidate some of eh volatility form overnight and digest the hectic month of March as we move into the second quarter of

Bitcoin BTC/USD has dropped from $6,423 to $6,360. There is a lack of healthy support levels, so further price drops can be expected. On the upside, there are two strong resistance levels at $6,475 and $6,500.  $6,475 has the 4-hour SMA 5, 15-min and 4-hour SMA 50, 15-min SMA 100, one-hour SMA 200 and one-hour Bollinger Band middle curve.

MENUShow navigationFXStreet EUR/USD Price Analysis: Closing on 1.10 support, bulls need a close above Tuesday’s high NEWS | 17 minutes ago | By Omkar Godbole EUR/USD is struggling to post a bullish follow-through to Tuesday’s hammer candle.  A move above Tuesday’s high is needed to revive the immediate bullish case.  EUR/USD is closing on the psychological support of 1.10,