by SignalsFactory Staff | Oct 25, 2023 | Uncategorized
Dwindling PMI data weighs on EUR/USD, zone of resistance holds firm Risk events: US (Q3) GDP and PCE data, ECB interest rate decision DWINDLING PMI DATA WEIGHS ON EUR/USD, ZONE OF RESISTANCE HOLDS FIRM PMI data for Europe continued the trend of weak data, underscoring...
by SignalsFactory Staff | Oct 24, 2023 | Uncategorized
Bitcoin price shattered past the critical level of $31,777 to record an intra-day high of $34,741 after a 17% surge on October 23. The surge came on the back of bullish news concerning BlackRock and Grayscale amid ongoing mania relating to ETFs. With BTC printing a...
by SignalsFactory Staff | Oct 19, 2023 | Uncategorized
The index meets resistance around the 106.50 area. Chief Powell will discuss the Economic Outlook later in the session. Weekly Claims, Philly Fed index, Fedspeak take centre stage as well. The greenback exchanges gains with losses in the mid-106.00s when tracked by...
by SignalsFactory Staff | Oct 13, 2023 | Uncategorized
USD/CAD meets with some supply on Friday, though the downside seems limited. An uptick in Oil prices underpins the Loonie and exerts pressure amid a softer USD. Bets for one more Fed rate hike in 2023 should limit losses for the buck and the pair. The USD/CAD pair...
by SignalsFactory Staff | Oct 11, 2023 | Uncategorized
The FTSE 100 has seen four consecutive days of gains as more and more Fed members hold dovish views and some believe that the high US yields are having the desired restrictive effect with no more rate hikes expected to be seen this year. On Tuesday the UK blue chip...
by SignalsFactory Staff | Oct 10, 2023 | Uncategorized
Bitcoin price is up 68% since the January 1 low of $16,499, holding above the 50% of 2023 market range. NYDIG Q3 research shows BTC is the best-performing asset class of the year on asset class returns metrics. ETF continue to be top of mind for BTC potential drivers...
