Bitcoin At the end of the past week, Bitcoin broke through the big resistance level of $50 400 and reached $51 500 after the worse-than-expected US labor data…
USD: a sudden plunge for a quick pick-up!
2021-04-19 • Updated
The US dollar slid significantly today against most peers – that was mostly a reaction to the shifts in the US Treasuries.
EUR, CHF, JPY, AUD, GBP, CNH – all these currencies took advantage of that and moved in the direction corresponding to the weakening US dollar. However, that’s not likely to be a long-lasting trend – very probably the US dollar will take back the losses, at least to some extent.
That’s why it may be a very interesting buy-cheap-dollar mid-term opportunity.
US stock market corrects, gold recovers and the crypto market drops hard! Best trade opportunities during this week in the article! Let’s check the charts and set some goals! NASDAQ (US100) US100 index plunges as the US dollar strengthens…
The US broad-market index, S&P 500, has been pressed below the 50-day moving average for the first time since March! Why?
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.