The fake news released by Cointelegraph sent BTC on a rollercoaster ride. BTC quickly rose to above 30000, and then fell back just as quickly. BlackRock ultimately confirmed that iShare is still in the review process. The farce has seen more than $100 million in BTC liquidations in the past 24 hours. It undermined market confidence. On a macro level, peace talk...
A few days have passed and AVAX has started a continuous decline as we said before, which has covered most of the gains at the beginning of the month. The attack on FT's copycat Stars Arena is temporarily over. The project team stated in the latest announcement that 90% of the stolen funds have been recovered, but the protocol has not been restored now, and the...
The outbreak of the Israel-Hamas war caused the price of crude oil to rise again after a callback. The U.S. CPI for September will be released on Wednesday. The continued rise of oil prices may lead to a rebound in CPI. Judging from the reactions of various countries in the Middle East, the Israel-Hamas war may further escalate into a regional war. The decline in...
The outbreak of the Israel-Hamas war caused the price of crude oil to rise again after a callback. The U.S. CPI for September will be released on Wednesday. The continued rise of oil prices may lead to a rebound in CPI. Judging from the reactions of various countries in the Middle East, the Israel-Hamas war may further escalate into a regional war. The decline in...
A short position taken on NZDJPY for +2.25% (half risk) and also a long on EURUSD resulting in a -1% loss that should not have been taken. Fully explained in the recap of my thought process after the trade and also how holding composure after a win is key.
Last Wednesday, the Federal Reserve announced that it would not raise interest rates this time, basically in line with market expectations. But as we said before, OPEC's production cuts have caused a rebound in U.S. refined oil prices in the near future. There is a certain possibility that the FOMC will continue to raise interest rates in November, and the timing...
Last Wednesday, the Federal Reserve announced that it would not raise interest rates this time, basically in line with market expectations. But as we said before, OPEC's production cuts have caused a rebound in U.S. refined oil prices in the near future. There is a certain possibility that the FOMC will continue to raise interest rates in November, and the timing...
On a macro level, the FOMC will be held on Wednesday, and the market currently believes that the probability that the Fed will not raise interest rates this month is close to 100%. Therefore, the FOMC will have little impact on the market. However, our research has observed a rebound in U.S. gasoline and diesel prices due to the impact of previous OPEC production...
On a macro level, the FOMC will be held on Wednesday, and the market currently believes that the probability that the Fed will not raise interest rates this month is close to 100%. Therefore, the FOMC will have little impact on the market. However, our research has observed a rebound in U.S. gasoline and diesel prices due to the impact of previous OPEC production...
On a macro level, U.S. CPI for August will be released this Wednesday, with the previous value being 3.2% and the forecast value being 3.6%. Affected by OPEC's crude oil production cuts, the market expects last month's CPI to rebound. However, as long as it does not deviate too much from the predicted value, it will have little impact on the crypto market. On the...
On a macro level, U.S. CPI for August will be released this Wednesday, with the previous value being 3.2% and the forecast value being 3.6%. Affected by OPEC's crude oil production cuts, the market expects last month's CPI to rebound. However, as long as it does not deviate too much from the predicted value, it will have little impact on the crypto market. On the...
Grayscale and the SEC's case brought volatility, but soon it dropped again. Last Friday, the United States announced the employment data for August. The actual value was 18.7, which was close to the expected value 17. The unemployment rate rose from 3.5% to 3.8% in August, the highest value in the past 12 months. And in the details of the employment report, it...
Grayscale and the SEC's case brought volatility, but soon it dropped again. Last Friday, the United States announced the employment data for August. The actual value was 18.7, which was close to the expected value 17. The unemployment rate rose from 3.5% to 3.8% in August, the highest value in the past 12 months. And in the details of the employment report, it...
Hi Traders! Forex Weekly Recap for 28 August–01 September, 2023: Fundamentals The European Central Bank’s (ECB) Holzmann noted that he supports a rate hike in September barring any downside surprises before the meeting; his other key mentions were: Not in the clear yet on inflation. The ECB should start a debate soon on ending pandemic emergency purchase...
Powell spoke at the Jackson Hole conference last week. There were no extra hawkish or dovish surprises in the content. He repeated the Fed's determination to reduce inflation and that monetary policy will depend on economic data. During the course of the presentation, financial assets fluctuated, but did not trend. On this Friday, the US will release employment...
Powell spoke at the Jackson Hole conference last week. There were no extra hawkish or dovish surprises in the content. He repeated the Fed's determination to reduce inflation and that monetary policy will depend on economic data. During the course of the presentation, financial assets fluctuated, but did not trend. On this Friday, the US will release employment...
Powell spoke at the Jackson Hole conference last week. There were no extra hawkish or dovish surprises in the content. He repeated the Fed's determination to reduce inflation and that monetary policy will depend on economic data. During the course of the presentation, financial assets fluctuated, but did not trend. On this Friday, the US will release employment...
As a triple leveraged ETF BOIL is highly volatility and typically has a good range even if the overall price changes only a small amount from one day to the next. While these overnight day trades are typically conducted on the 3 or 5 minute time frame, here a 15- minute chart is shown. Because BOIL is tracking natural gas futures and the futures markets are...