The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.
AUD/USD: waiting for the bears at 0.78
2019-11-11 • Updated
AUD/USD has been in a recovery mode since October 6th and now it looks like that a offer zone could be tested in coming hours. Such area lies between the 0.7802 and 0.7824 levels and we can expect a pull back around it in order to shift the focus towards the -23.6% at 0.7698. To the upside, if the Aussie manages to break above 0.7824, then we might expect an advance towards October 4th highs at 0.7873.
RSI indicator remains in the positive territory.
US100 broke through the strong resistance trendline, following July's inflation numbers on Wednesday, which were less than analysts expected…
Powell wants a soft landing for inflation, as Greenspan did in 1994. But it looks like he will get a hard landing.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy