Forex Forecast: Pairs in Focus

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Forex Forecast: Pairs in Focus
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Looking for a great TradingTip this week? Try going short of ETH following a daily (New York) close below this level.

which is trading very near its low, suggesting a stronger bearish breakdown could be very close.

The price chart below shows that $13,788 looks like the technical support level which might signify a full bursting of the Bitcoin bubble.Just like Bitcoin, Ethereum also fell over the course at last week and remains near its low, in line with a long-term downwards trendIt looks as if Ethereum is still likely to fall further eventually, and the moment of the major breakdown seems close.

the British Pound is also standing out lately as an especially weak currency due to expectations of inflation reaching greater than 11% soon as well as other economic woes, makingThe price has recently made new 2-year lows, which is technically significant, and closed last week at the lowest weekly closing price seen in 2 years after falling over the week.

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