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Alongside the BTC, this week’s sales also affected the ETH (-10% over the week), the XRP (-13%), the ADA (-8.6%), the MATIC (-12%), the DOT (-10.8%), and more. Practically, the market is selling widely and wildly. What is the point? Due to the high correlation with the US stock market, the crypto section is extremely […]

The British pound against the US dollar on Friday is retreating. The current quote is 1.2400. In the morning, Britain published curious reports. The GfK CCI in the country in April rose to -30 points from -36 points previously. The improvement here could be explained by the decline in the pressure from consumer prices, yet […]

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Overview of the Fed’s Rate Hike Decision In March 2023, the Federal Reserve raised its benchmark interest rate by 25 basis points, marking the first rate hike in several years. This decision was made in response to increasing inflationary pressures and the need to maintain a stable economic environment. The Economic Context Leading Up to […]

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has rebounded from the lower border of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the upper border of the Cloud at 1.2435 is expected, followed by falling to 1.2255. A signal confirming the decline will be […]

EURUSD, “Euro vs US Dollar” The currency pair has completed a new structure of correction to 1.0988. Today the market is forming a link of a new wave of decline to 1.0935. With a breakout of this level downwards as well, a pathway to 1.0884 could open. After the price reaches this level, a link […]