BTC is slightly declining. Some say that the coin will remain in the range. The borders of the channel are $34,000-$42,000, but the buyers can easily proceed to $45,500. This level needs to be broken if they want to reach $46,000. If they succeed, the market may expect a stable uptrend to $52,000. If they […]
AUDUSD is falling amid global risk aversion. The Australian Dollar is falling against the USD early in the week. The current quote for the instrument is 0.7389. AUDUSD moved away from its 2-week highs amid global risk aversion in financial markets. Risk is now the major trigger on all exchanges. In the meantime, Australian authorities […]
Daily Market Outlook, March 21, 2022 Overnight Headlines White House: US Pres Biden To Visit Poland On Europe Trip This Week China Keeps Benchmark Lending Rates Unchanged, As Expected NZIER Forecasts Show A Mixed Growth Outlook Amidst Higher Inflation New Zealand Posts Monthly Trade Deficit Of NZ$-385Mln In February Hong Kong Eases Travel Curbs That […]
Type: Bearish ReversalKey Levels:Resistance: 1081.6Pivot: 1068.6Support: 1032.6Preferred Case:Prices are on bearish momentum and abiding by a descending trendline. We see the potential for a further bearish continuation from our Pivot at 1068.6 in line graphical overlap, descending trendline, 50% Fibonacci retracement and 23.6% Fibonacci retracement towards our 1st support at 1032.6 in line with 61.8% […]
On 4 March 2022 BaFin imposed administrative fines totalling 136,000 euros on a natural person due to of section 33 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). An appeal may be lodged against the administrative fine order. Update (31.03.2022): The administrative fine order is final and binding. Source: BAFIN
Bitcoin (BTC) starts a new week on a tentatively stronger footing as macro cues curiously stabilize. After a calmer weekend than most recently, BTC/USD managed to seal its highest weekly close since February, casting off concerns that an imminent bout below $40,000 could enter. Instead, conditions are beginning to favor a more bullish perspective on […]