Looking at the price action on Monday, I believe that Bitcoin is still going to see a lot of violent swings back and forth,
The following are the most recent pieces of Forex technical analysis from around the world. The Forex technical analysis below covers the various currencies on the market and the most recent trends, technical indicators, as well as resistance and support levels.
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The Federal Reserve is cutting interest rates to zero
The FTSE 100 broke down rather significantly during the trading session on Monday to open up the week, as one would expect.
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The gold market had rallied initially during the open on Monday, as the Federal Reserve surprised the world by cutting interest rates by 100 basis points.
BTC/USD: New higher support at $4,912
GBP/USD: U.K. coronavirus strategy reversal in focus
EUR/USD: Bearish consolidation
nstitutional selling across the cryptocurrency sector is anticipated to continue as portfolio managers are forced to raise capital to meet margin calls.
After the Bank of Japan held its emergency meeting yesterday, in response to the US Federal Reserve’s second panic response to Covid-19 this month on Sunday,
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More governments realize that Covid-19 has placed the global economy on track to a recession.
Australian consumer confidence stabilized according to one metric but remains depressed.
AUD/USD: New 11-year low price
USD/JPY: Both central banks taking easing measures
Despite the US Federal Reserve action last night, slashing interest rates to 0.00% and boosting quantitative easing, the USD/MXN was pressured higher.
Strong interest from investors to buy the US dollar after the recent and successive measures by the US Federal Reserve, and the US government.