currency Articles

BTC/USD Recovery For Downside Breaking 10k

DXY strength, the FED indicating they will continue with pedal to the metal and hold rates at zero until labour market is back in full force and inflation recovers to 2%. The market turned straight to the DXY for strength and in turn all DXY denominated assets fell including BTC/USD.…

AUD/USD bearish with 2 scenarios

AUD/USD Daily chart forming a flag consolidation at the trend line indicating possible short-term fall. Scenario 1: Consolidation touched both 50 and 61.8% of Fibonacci which was respected and fell. Now we can look at the continuation fall from current price for the AUD/USD to break September lows. Scenario 2:…