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Bitcoin stalls just above 97k for the time being
The reaction to the comments from Trump, lower dollar and lower US yields, not to mention US stock market gains has been rather underwhelming so far. It did earlier push above the still rising 100 day moving average (now in place at 96,817), but has sop far stopped short of the 50 day moving average (in place now at 98,657). The high seen earlier today was set at 97,248. As you can see those two moving averages are still converging and perhaps when they meet we will see a move. Right now it looks like it might be northbound, but that is not a certainty of course. The low seen ahead of the high today was set at 96,288. BTC has backed away from that earlier high right now and it is currently trading at 96,800, fractionally back underneath that 100 day moving average again
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
