Tag: Reversal

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Bitcoin price sees ‘hell of a reversal candle’ as 168,000 BTC leaves exchanges

Bitcoin price sees ‘hell of a reversal candle’ as 168,000 BTC leaves exchanges

Bitcoin (BTC) came back with a vengeance on May 13 as bulls stepped in to take the market to near $31,000.BTC/USD 1-hour candle chart (Bitstamp). Sour [...]
House Democrats press DOJ to probe Trump Interior secretary for permit reversal

House Democrats press DOJ to probe Trump Interior secretary for permit reversal

The new effort shows House Democrats are still focused on probing the Trump administration’s actions nearly 18 months after it left office. Bernhardt [...]
Taking Stock of the Post-FOMC Relief Rally Reversal

Taking Stock of the Post-FOMC Relief Rally Reversal

GBP/USD, FTSE AnalysisUK markets reverse after Bank of England re-emphasizes growth concernsFTSE’s turnaround: Sterling weakness supported FTSE rally [...]
Stock futures are lower after big market reversal to start May

Stock futures are lower after big market reversal to start May

Traders on the floor of the New York Stock Exchange, April 27, 2022.Source: NYSEU.S. stock futures moved lower Monday night after the major averages s [...]
Crude Oil Price Reversal Emerges Ahead of April Low

Crude Oil Price Reversal Emerges Ahead of April Low

Crude Oil Price Talking PointsThe price of oil consolidates after clearing the opening range for April, but crude appears to be reversing course ahea [...]
Gold Bears Threaten Bigger Break After 2k Reversal

Gold Bears Threaten Bigger Break After 2k Reversal

Gold Talking Points:Gold prices have went from feast to famine in a week. Just last Monday buyers were in-charge in a big way, pushing up for another [...]
Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K

Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K

Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days. www.coindesk.com [...]
Key USD/CAD Levels to Watch, Significant Reversal?

Key USD/CAD Levels to Watch, Significant Reversal?

USD/CAD, EUR/GBP Analysis and Talking PointsUSD/CAD Rallies into Key ResistanceCanadian Data Unlikely to Impact Near-Term BoC PolicyUSD/CAD is back t [...]
Seasonality Supports Cable Reversal in April

Seasonality Supports Cable Reversal in April

Pound Sterling (GBP) News and AnalysisApril is the best month of the year for sterling appreciation vs the dollar GBP/USD key technical levels consid [...]
Bitcoin to $58K next? A 2019-like ‘reversal ascending triangle’ hints at more upside for BTC

Bitcoin to $58K next? A 2019-like ‘reversal ascending triangle’ hints at more upside for BTC

A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2.Bitcoin pr [...]
Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal

Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal

Less than two weeks after the Central Bank of Russia, or CBR, reiterated its position proposing to ban the issuance, mining and circulation of cryptoc [...]
Ethereum price finally topped $3K, but data suggests a reversal is nowhere in sight

Ethereum price finally topped $3K, but data suggests a reversal is nowhere in sight

There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutra [...]
VIX Soars on Geopolitics, but ‘Buy the Rumor, Sell the News’ May Lead to Reversal

VIX Soars on Geopolitics, but ‘Buy the Rumor, Sell the News’ May Lead to Reversal

VIX INDEX OUTLOOK:The VIX spikes higher after Russia launches a full-scale invasion of UkraineRisk assets decline in the early trade, though the sell [...]
Ethereum to $10K? Classic bullish reversal pattern hints at potential ETH price rally

Ethereum to $10K? Classic bullish reversal pattern hints at potential ETH price rally

Ethereum's native token Ether (ETH) could reach above $10,000 in the coming weeks as it paints what appears to be an "ascending triangle" technical pa [...]
New Zealand Dollar Rises on RBNZ Rate Hike, Will NZD/USD Reversal Continue Next?

New Zealand Dollar Rises on RBNZ Rate Hike, Will NZD/USD Reversal Continue Next?

New Zealand Dollar, NZD/USD, RBNZ – Market AlertThe New Zealand Dollar gained against its major counterparts as the Reserve Bank of New Zealand raise [...]
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