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On Monday, the BTC is recovering timidly, mostly fluctuating near 22,413 USD. Over the week, the crypto lost 4.42%. Last week was totally unlucky for the BTC. The news inside and outside the market was bad. Anything connected to possible bankruptcy of Silvergate can be a strong negative driver: there are some connections to the […]

The Australian dollar vs the aUs Dollar is balancing under much pressure, trying to stabilise all the time. The current quote is 0.6757. This morning, China has announced that in 2023 its GDP will grow by some 5%. This is quite a modest increase, especially compared to some market estimations of 5.5%. Investors think that […]

Daily Market Outlook, March 6, 2023 Modest China Growth Target Puts A Dent In Metals & Commodities Asian equities carried over the strength seen a the close of trading last week on Wall Street, once again the Nasdaq was the outperformer stateside, the positive impetuous in Asian markets waned somewhat as China reduced its economic […]

Weaker GDP Target Following a return to strength over recent weeks amidst a stream of encouraging economic data, the Chinese Yuan is weaker on Monday as traders digest the latest news from the weekend. The annual National People’s Congress (NPC) got underway on Sunday and the main headline so far is the PBoC setting out […]

TitleGBPUSD, H4 | Bounce from swing low support? TypeBullish Bounce Preference:Price has started to bounce really nicely on GBPUSD at the 1.1924 level which is a multiple swing low support. There’s a chance price might make a bounce up towards our 1st resistance level at 1.2134 which is a multiple swing high resistance. Alternative scenario:If […]