Forex Market Analysis

Bitcoin consolidates amid South Korea concerns + surge in Alt-Coins

Bitcoin consolidates amid South Korea concerns + surge in Alt-Coins

Two reasons - beside the USD - the Australian dollar is strong

It's not just about the weaker dollar and that means this week data is super important for the AUDUSD. 

Market's Morning - More records for stocks and more US dollar weakness

The path of least resistance seems clear.

Chart: Bitcoin is still clinging to trendline support

$12,800 is the level to watch.

Market's Morning - Hawkish ECB and weak PPI hit the US dollar, stocks up

US dollar still under pressure as the ECB signals the time for change is at hand.

Market's Morning - China hints at less buying of US Treasuries roiling the dollar, bonds, and stocks, Yen surges

The bond rate and Yen moves suggest sentiment is shifting in global markets.

What is keeping the Bitcoin price down?

What is keeping the Bitcoin price down?

The Australian dollar is hanging tough but a fall toward 0.7730 is possible

The rallied stalled and a garden variety retracement beckons.

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