Forex Analysis for BTC/USD
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03.03.2021EURUSD, “Euro vs US Dollar”After completing the correction at 1.2000 along with the ascending structure towards 1.2090, EURUSD is forming a new consolidation range around the latter level. Later, the market may break the range to the downside and start another decline to reach 1.2060. Afte...
03.03.2021
30
02.03.2021EURUSD, “Euro vs US Dollar”EURUSD continues the correction. Possibly, today the pair may reach 1.2010 and then form a new consolidation range near the current lows. Later, the market may break the range to the upside and form one more ascending structure to break 1.2070. After that, the in...
02.03.2021
16
01.03.2021EURUSD, “Euro vs US Dollar”As we can see in the daily chart, after finishing the correction at 1.2040 along with ascending structure towards 1.2240, EURUSD has almost completed another correction to return to 1.2040; right now, it is consolidating not far from the latter level. Possibly, t...
01.03.2021
22
01.03.2021EURUSD, “Euro vs US Dollar”After finishing the correction at 1.2066, EURUSD is consolidating above this level. Possibly, the pair may break the range to the upside and reach the first target at 1.2140. After that, the instrument may resume trading downwards to reach 1.2104.GBPUSD, “Great B...
01.03.2021
8
First, a review of last week’s events: EUR/USD. As we expected, the speech by the head of the Fed turned out to be quite interesting. Jerome Powell presented to Congress a semi-annual report on monetary policy, from which it followed that not everything is as good as we would like as far as the rec....
27.02.2021
30
What happened? Tesla dropped amid the wider stock sell-off and by that erased all its gains for this year. Why? Actually, there are two reasons. The first is Bitcoin. Tesla has just recently invested $1.5 billion in cryptocurrency and made $1 billion in a month from its investment. However, the curr...
26.02.2021
2
26.02.2021BTCUSD, “Bitcoin vs US Dollar”As we can see in the H4 chart, after failing to reach 261.8% fibo at 63300.00, BTCUSD started plummeting due to divergence on MACD. The situation may indicate the start of a new mid-term or even long-term correction. The first descending impulse has already re...
26.02.2021
12
26.02.2021EURUSD, “Euro vs US Dollar”After finishing another ascending wave at 1.2240, EURUSD is correcting towards 1.2136 (at least). After that, the instrument may resume trading upwards with the target at 1.2332.GBPUSD, “Great Britain Pound vs US Dollar”After completing the descending wave at 1.4...
26.02.2021
26
25.02.2021EURUSD, “Euro vs US Dollar”After rebounding from 1.2100, EURUSD is growing to break 1.2160. Possibly, today the pair may reach 1.2200 and then correct to return to 1.2160. After that, the instrument may form one more ascending structure with the target at 1.2250.GBPUSD, “Great Britain Poun...
25.02.2021
14