Bitcoin (BTC) is “confirming” a bear market because whales are still sending large amounts of BTC to exchanges. That’s according to Ki Young Ju, CEO of on-chain analytics service CryptoQuant, who on June 21 warned over the “very uncertain” current state of Bitcoin. Too many whales spoil the market? Uploading a chart of the so-called
Dow up nearly 600 points as Fed concerns ease a bit. All the major indices are closing higher on the day led by the Dow industrial average which rallied near 600 points. Stocks were supported by less hawkish than expected comments from Feds Bullard and Kaplan. S&P rises for the first time five trading days S&P
From a global perspective, the number of COVID-19 cases being found in Sydney is negligible. However, Australian authorities are super sensitive to any tick higher in cases. Sydney reported 5 new cases today (I might be wrong on that exact number, and some add in cases found since the cut off time and what have
LONDON: Oil prices were largely steady on Monday on rising demand in the northern hemisphere’s summer driving season, but traders braced for a return of Iranian crude supplies despite a pause in talks to end U.S. sanctions. Brent crude for August lost 24 cents, or 0.3%, to $73.27 a barrel by 1255 GMT. U.S. West
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward. Contact us: contact@actionforex.com
Commenting on the European Central Bank’s (ECB) exit timetable, Sven Jari Stehn, Chief European Economist at Goldman Sachs said that the central bank could start stimulus withdrawal towards the end of 2021. Key quotes Given where the FOMC is placed in regards to adjusting policy this “should make the [ECB] Governing Council more confident that
http://www.tradingmastermind.com In Forex trading developing and implementing a winning Forex trading system is not about seeing a mechanical trading strategy contrary to popular belief. It is natural that traders tend to look for mechanical trading systems or automated trading systems/forex trading robots to solve the problem. But financial markets are more organic and they move
Live London Session hosted at 6.30am GMT Monday to Friday. Post your charts in the chat and recive feedback, also don’t be afraid to ask questions! (Don’t send the entire link of Tradingview, only this: /x/TzRzetHz/) This Livestream is for educational purposes only. instagram: @luketradeslondon Platform used: MT5/MT4 Get your ultimate risk management product here:
Discover a simple and easy Forex trading strategy for day trading and swing trading using price action. In this video you’ll learn: • How to make money live trading Forex market using trend lines and pin bars (best forex trading strategy for small accounts) • How to use and how to read price action to
Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares. Outflows from digital asset investment products totaled $79 million last week, marking the third consecutive weekly decline and the longest stretch of drawdowns since February 2018. Outflows from Bitcon funds
Nasdaq lower. Dow and S&P higher The NASDAQ stocks are moving lower in early New York trading as Kaplan and Bullard are to start their economic Outlook discussion. Bullard turned more hawkish on Friday. Kaplan has already been one of more hawkish Fed members. A snapshot of the market currently shows: S&P index up 11.66 points or 0.28% at 4178.11 NASDAQ
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
NEW DELHI: Aluminium prices on Monday fell by Rs 1.15 to Rs 189 per kg in the futures market as participants trimmed their positions on a low trend in the spot market. On the Multi Commodity Exchange, aluminium for delivery in June declined by Rs 1.15, or 0.6 per cent, to Rs 189 per kg
Dollar and Yen retreat as markets enter into US session. Stock markets are staging a mild rebound in Europe, while US futures also point to higher open. Treasury yields also recovered from earlier decline, with US 10-year yield back above 1.4 handle at the time of writing. New Zealand Dollar leads Australian and Sterling higher.
Wall Street’s main indexes started the new week in the green. Energy stocks post strong gains on rising crude oil prices. Technology shares stay in the negative territory after the opening bell. After posting large losses last week, major equity indexes in the US started the new week modestly higher. As of writing, the Dow
Bitcoin’s hashrate has fallen to its lowest levels since early November as mining operations in China start unplugging. Bitcoin’s network hashrate, a measure of its computational horsepower, has slumped 46% since its peak level in mid-May. According to Bitinfocharts, Bitcoin hashrate is currently 91.2 EH/s (quintillion hashes per second), close to half of its 171.4
Big fall today and down for the week The major European indices are ending the week on a sour note with big declines on the day. For the week the indices are also lower. Looking at the provisional closes: German DAX -1.9% France’s CAC -1.5% UK’s FTSE 100 -2.0% Spain’s Ibex -1.9% Italy’s FTSE MIB -1.8% For the week, the indices are
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do