The British Pound is now close to its support vs the US dollar
FX:GBPUSD
The British pound does not appear to be recovering against the US dollar and appears to be expecting another round of declines of a few days.
Alternatively, an upside break of the 1.3845 resistance line will confirm the bullish chart pattern with an initial rise targeting late June’s top...
Ethereum rose more than 5% yesterday after Tuesday's rise of about 3%.
Over the next 48 hours, ETH will likely try again to test the resistance (around $2,230), if it manages to break it, there's a very good chance that we'll see the 2nd largest cryptocurrency returns to $2,500, if it fails, the next stop can be around $1,800.
You can find the entry points as...
Bitcoin can drop below $20K
As we can see on the daily chart, the bulls have tried 5 times in the last month to take Bitcoin below $30K but so far without success.
If they'll be able to do so, we'll see the BTC drop all the way to $19,900.
Trade safe!
The Australian dollar hasn’t reacted to news of a lockdown in greater Sydney and renewed border closures as cases of the coronavirus Delta variant spread. But if the uncertainty caused by the latest developments impacts RBA expectations, the AUD/USD could be exposed to renewed weakness.
The Reserve Bank of Australia meets on July 6 and a growing number of...
