$BTCUSD Forex Signal: Bitcoin’s Slumber to Continue for a While-
Waiting for the next catalyst
The SEC had alleged that Ripple Labs had violated American laws when it raised funds in 2013. While the judge ruled that Ripple violated laws, she found that XRP was not a financial security. This was seen as a positive thing for most cryptocurrencies.Data published earlier this month showed that the American economy created just 209k jobs in June, lower than the expected 230k.
Manufacturing and industrial production also fell. Further, data showed that the housing sector started cooling in June. Housing starts and building permits also dropped after rising in the previous month. The pair has moved slightly below the 50-period moving average, meaning that bears are gaining some control.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC/USD Forex Signal: Descending Channel Leading Price to SuMy previous BTC/USD signal on 10th July was not triggered as there were no bearish price action when the resistance level at $30,605 was first reached that day.
Read more »
BTC/USD Forex Signal: Prepares for a Strong Bearish BreakdowThe BTC/USD pair retreated below the important support of 30,000 as investors reflected on the recent developments in the industry.
Read more »
EUR/USD Forex Signal: Bullish Flag Points to More UpsideThe EUR/USD exchange rate held steady on Tuesday morning ahead of the upcoming US retail sales numbers.
Read more »
GBP/USD Forex Signal: Bullish Above $1.3107The price has got above a short-term descending trend line, but really needs to break up above the resistance level at $1.3107 to attract buyers.
Read more »
Forex Today: EUR/USD Reaches New 1-Year HighRenewed weakening in the US Dollar and relative strength in the Euro pushed the $EURUSD currency pair to a new 1-year high price above $1.1250. EURUSD forexnews tradingnews
Read more »
Forex Today: Soft UK inflation weighs on Pound Sterling, US Dollar awaits housing dataForex Today: Soft UK inflation weighs on Pound Sterling, US Dollar awaits housing data – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
Read more »