Market sentiment is leaning towards three more rate cuts from the European Central Bank (ECB) this year, while economists are more cautious, expecting just two. Should the economists be correct, 2023’s high for the EUR/USD pair could be back in play. The market's confidence in ECB rate cuts outpaces that in the Federal Reserve. The Fed, facing closer scrutiny,...
Traders will next hear from Federal Reserve Chair Jerome Powell during his highly anticipated address at the Jackson Hole Economic Symposium. The key question hanging over the market: Will Powell use this speech to pave the way for a potential interest rate cut in September? Scott Helfstein, head of investment strategy at Global X, argues that Powell should take...
Hello everyone, I would like to present what repeatability can be determined in more detail by analyzing the BTC chart, taking into account the 3 halvings we experienced and the fourth which lies ahead. We have a log BTC chart from 2011 to today in front of us. We will start by designating the places where BTC has done its halving, as you can see, the first...
There's a huge gap on the weekly chart that I think, at this point, we are gonna go and fill. Healthy move tbh.