US Inflation Rate, Apple's Event, and More News
The US will reveal its Inflation Rate, while Apple will launch iPhone 13 today. How will the markets react? Let’s find out.
Crypto goes up
The bullish optimism in the crypto market continues. At the moment, Bitcoin is testing the resistance at $8,730. A successful break of this level will help bulls to test the next resistance at $9,075. However, according to oscillators, the bullish pressure is at risk. RSI has entered the overbought zone. At the same time, there is a bearish divergence with the Awesome oscillator and volumes. It may signal a possible reversal. The return of the bearish pressure will pull the digital asset back to the support at $8,246.
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Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
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Will the UK and US Cope with Inflation?
Every week we expect many interesting events that can shake the market.
