The Euro rose to the upper side of near-term congestion on Friday, after hitting new marginally lower low of larger downtrend from 1.1139 (Dec 28 peak). Today’s bounce points to still strong bids, although without sufficient bullish momentum to sustain gains and rise above near-term range top, which would generate initial reversal signal and shift […]
Bitcoin’s price has been range-bound since reaching a fresh all-time high on inauguration day. The upcoming FOMC meeting may serve as a catalyst for Bitcoin’s price. Volatility measures suggest that a major price move is incoming. Bitcoin’s technical analysis shows a messy daily timeframe and a breakout of a symmetrical triangle pattern on the H2 […]
The post Bitcoin (BTC/USD) Volatility Measures are Tightening Up. Is it Time for Another Major Move? appeared first on Action Forex.
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