Bitcoin faces resistance at $40,000, recovery momentum fading
The recent price action shows that the digital currency number one may be running up too fast
Bitcoin price bounced from the 20-DMA earlier in the week and has...
Euro could retreat further after Biden and Powell
The greenback could receive another boost and stage another rally across the board
The euro is little changed on Thursday after yesterday’s rejection from the 20-DMA that resulted in...
Oil retreats from fresh 11-month highs
In the longer run, the oil market dynamics will depend on coronavirus and vaccine developments
Oil prices climbed to nearly one-year highs around $57.40 earlier in the day before...
Dollar is back on the defensive but the pressure looks limited
There is a cautious tone among investors ahead of the announcement of additional fiscal stimulus measures in the United States
The UD dollar continues to lose ground on Wednesday...
Gold licking its wounds after a plunge
A more robust and decisive upside for the bullion will likely be capped by the ongoing rally in the US Treasury bond yields
Gold bounced marginally on Tuesday, licking...
Bitcoin retreats from fresh highs. Rally is over?
The digital asset needs to hold above the $35,000 figure on a daily closing basis in order to resume the ascent
Bitcoin price surged to fresh all-time highs around...
Oil at February 2020 highs despite a stronger dollar
The $55 figure could act as resistance for Brent crude and send the prices lower in a local downside correction
Despite the US dollar has been holding gains for...
Dollar at fresh lows as traders monitor developments in Georgia
A Democrat-controlled Senate would be positive for economic recovery
The dollar keeps losing ground nearly across the board on Wednesday as Democrats are leading in runoff votes in Georgia...
Gold prices rise ahead of Georgia race
The bullion extended gains to nearly two-month highs around $1,948
Gold prices stay elevated on Tuesday following a rally seen on the first trading day of the year. The...
Bitcoin takes a breath after a record-breaking rally
The retracement from fresh all-time-highs in the first full trading week of 2021 looks quite relevant
Bitcoin started the year with a decisive break above the $30,000 psychological handle,...
