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The team consists of financial market experts who study the market movements and provide in-depth analysis to assist our traders. Our dedicated professionals regularly prepare reviews on the economic situation, foreign exchange market as well as news and reports on Crude Oil, Gold, Stocks Indices and more! Our analysis is regularly published in the leading economic global media.
The crypto market has significantly slowed its decline. Bitcoin remains just above its 50-day MA while Ethereum is trading near the bottom of its range. Read more
The Dollar Index is rising for the fourth consecutive day, gaining over 1.7%, and is about to test its 50-day moving average. The divergence between the price and the RSI indicates that the downward momentum has been exhausted and that there is upside potential towards 104-107. Read more
The crypto market lost 1.44% of its capitalisation in 24 hours to $2.13 trillion amid a rising dollar and declines in risky assets. Bitcoin found support at $60K, but XRP continues to fall, having lost around 20% in four days. Read more
The Hang Seng is up 9.6% from its closing level on 30th September, the second strongest rise since the surge on 16th March 2022. The daily RSI is approaching 91, the highest since 1987, indicating a possible local correction. Read more
The crypto market lost 4.2% of its cap in the last 24 hours to $2.16 trillion amid risk aversion over Iran's missile attack on Israel. Bitcoin collapsed below the $61K level, losing around $3,000 (almost 5%) as selling intensified on technical factors. Read more
Market picture The cryptocurrency market shed a further 0.7% of its capitalisation in 24 hours to $2.26 trillion, coinciding with a strengthening of the dollar and a short-term fixation in gold as markets reacted to Powell’s hints that the Fed. Read more
Inflation in Germany and Italy is slowing faster than expected, setting the stage for a slowdown in the eurozone as a whole and clearing the way for further and more aggressive rate cuts. Germany’s consumer price index slowed to 1.6%. Read more
The crypto market started the week on a defensive note, losing 1.2% of its cap in 24 hours, but is still up 3% on the week. Bitcoin is down 2.6% at $64.0K, but remains close to completing its best September since 2012, having added over 11% since the start of the month. Read more
The core US personal consumption price index (the Fed’s preferred inflation gauge) rose slightly less than expected to show inflation at 2.7% y/y. The indicator is above the target of 2% in February 2021 and accelerated with 2.6% in the. Read more
Gold has hit all-time highs on each of the last six trading days, reaching $2685. The price has broken above the 161.8% Fibonacci level and the RSI is close to the 80 level on the weekly timeframe, indicating overbought conditions. Read more
The cryptocurrency market has surpassed previous highs to reach $2.29 trillion, confirming the break of the downtrend. Bitcoin consolidated above the 200-day MA at $65.3K, with the possibility of reaching $66K in the coming days. Read more
Saudi Arabia plans to abandon the $100 per barrel price target and increase production, which is reminiscent of events in 2020. Technically, Brent is testing support at $70 and a break below this level could trigger a free-fall, although a rebound is also possible. Read more
USD | Unemployment Rate (Sep) !!!