Logo-color Logo-white

Market picture The crypto market has been enjoying an influx of buyers since Saturday, with a visible acceleration on Monday. Over the past 24 hours, capitalisation has risen 3.6% to $2.33 trillion. Last week’s drop in the crypto sentiment index to 30 (fear zone) reversed the price twice, showing that the market is dominated by […]

The post Bitcoin Pushes up from Retracement Support appeared first on Action Forex.

previous

EUR/USD Rate Rises After First Round of Voting in France

next

Japanese Yen Faces Further Depreciation Amid Rate Differentials

Read More

01/12/2023

Disinflation Continues in Euro Area

Market movers today The most important data release of the day will the November ISM Manufacturing index from the US. Consensus expects a modest rebound, as several other leading indicators for global manufacturing have shown signs of bottoming out lately, even if the US Flash PMI still ticked lower in November. Manufacturing PMIs are due […]
19/01/2024

Cliff Notes: Labour Market Critical to Households’ Resilience

Key insights from the week that was. The January edition of the Westpac-MI Consumer Sentiment Index showed cost-of-living pressures and concerns over elevated interested rates remain firmly entrenched in the minds of consumers. Highlighting the significance of these factors, at 81.0, the index is currently among the bottom 7% of observations since the inception of […]
08/08/2024

FTSE Bounces From the Blue Box; Full Recovery in Sight?

Hello, traders! Welcome to a new blog post where we discuss how our Blue Box strategy helps ElliottWave-Forecast members identify high-confidence trade opportunities across 78 instruments. In this post, we’ll focus on the FTSE. The $FTSE is an index that tracks the top 100 companies listed on the London Stock Exchange by market capitalization. The […]