XAG/USD bounces off key support towards $20.00
Silver rebounds from two-year low as Five-month-old support line challenges bears. Oversold RSI conditions add strength to the recovery moves. Previous support line from mid-June guards immediate…
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USD/JPY bounces off daily low, showed some resilience below 136.00 mark
USD/JPY witnessed some selling on Thursday and moved further away from a 24-year high. Recession fears, the risk-off mod benefitted the safe-haven JPY and exerted some pressure….
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AUD/USD bounces off two-week low towards 0.6900 after China PMI, focus on US PCE inflation
AUD/USD remains pressured around intraday low, despite the latest rebound. China’s NBS Manufacturing PMI came in softer than expected, Non-Manufacturing PMI crossed forecasts and prior during May….
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Bounces off weekly support on upbeat Australia Retail Sales
AUD/JPY pares intraday losses after strong Aussie data. Australia Retail Sales jumped past market forecasts to reprint 0.9% growth in May. 100-SMA, three-week-old resistance line challenge latest…
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Bitcoin Bounces Back Above $20,000, Ethereum Exceeds $1,000
After a weekend of relentless losses, crypto’s top two coins made marginal recoveries on Sunday, rising above $20,000 and $1,000, respectively. BTC has recovered by just over…
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Bitcoin Bounces as Fed Drops Biggest Interest Rate Hike Since 1994
Bitcoin’s price was again tested on Wednesday, dropping close to $20,000 per coin before recovering to around $22,000 after the Federal Reserve announced it would continue to…
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AUD/USD bounces off weekly lows, firmly around 0.6950
The AUD/USD is trimming some weekly losses but is still down by 1.30% Sentiment shifted positive but will remain fragile as the Fed’s decision lurks. US Retail…
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Bitcoin bounces 8% from lows amid warning BTC price bottom ‘shouldn’t be like that’
Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle’s high. BTC/USD 1-hour candle chart (Bitstamp). Source:…
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