Ethereum (ETH) Finds Near-Term Support After Latest Sell-Off

Ethereum Chart and Talking Points – Fibonacci retracement support taken out with ease. – Descending trend line still in charge of market direction. Ethereum Treads Water After Latest Sell-Off The latest Ethereum (ETH) sell-off saw a major Fibonacci support level taken out convincingly, leaving the market vulnerable to further falls in the medium-term. The 78.6% […]

US Dollar Smashed After CPI: When Good News Goes Bad

Talking Points: – The US Dollar saw a quick-spike on the back of yesterday’s US CPI report, but that strength was short-lived as sellers came back with aggression to push the Dollar back down towards three-year lows. The total movement from yesterday’s high to this morning’s low constitutes a -1.7% move in the Greenback. – […]

Gold Prices Eyeing SNB, BOE and ECB After Fed-Inspired Rally

Talking Points: Gold prices rise as markets deem FOMC outcome “dovish” SNB, BOE and ECB monetary policy decisions now in focus Crude oil prices fall as EIA shows gasoline stocks swelling Gold prices capitalized as the US Dollar plunged alongside Treasury bond yields following a somewhat confounding FOMC policy announcement. The central bank projected three […]