Market Forecasts and Analyses
23 Dec 2021 1 minute read 1 comment FX Empire
Bitcoin price gained pace after it broke the $48,000 resistance, ether price could start a fresh increase if it clears $4,060, and XRP’s rally could extend above $1.00. Bitcoin After forming a base above $46,000, bitcoin price started a...
22 Dec 2021 1 minute read 0 comments FX Empire
This year, inflation has surged at its fastest pace in 40 years and is expected to remain elevated for years to come. That view was recently echoed by Federal Reserve Chair Jerome Powell, stating that “inflationary pressure is likely to...
22 Dec 2021 1 minute read 1 comment FX Empire
Risk assets are peering from behind the risk-off curtain that blanketed markets in recent sessions. Market participants are given some respite from Omicron fears, hoping that the global economy could still take in stride Omicron’s eventu...
22 Dec 2021 1 minute read 0 comments FX Empire
Crypto markets gain ground as traders’ risk appetite increases. Bitcoin Is Moving Towards The $50,000 Level Yesterday, Bitcoin and Ethereum found themselves under material pressure amid global market sell-off which was triggered by fears...
21 Dec 2021 1 minute read 0 comments FX Empire
The BTC/USD is currently supported at 45000 and 48000. If bulls manage to keep 48000 M L4 support strong, we should see a continuation move up. BTC/USD Technical Analysis BTC/USD is supported 45000 is a strong support M L3 is resistance le...
21 Dec 2021 4 minute read 0 comments FX Empire
The recent surge in the price of cryptocurrencies forced many traders to look for new tools for hedging risks when trading digital assets. The fall of the crypto market made more than 400,000 traders close their positions over the previous weekend....
21 Dec 2021 3 minute read 0 comments FX Empire
Avoiding significant drawdowns is still the most effective way to riches as it allows one to preserve capital, which is then ready to be deployed during the next uptrend. I usually present my Elliott Wave Principle count, but I would lik...
20 Dec 2021 2 minute read 0 comments FX Empire
Following last week’s pullback, a BTC move back through to $49,000 levels and an ETH return to $4,100 would support a bullish week ahead. This is the weekly tech analysis for Bitcoin (BTC) and Ethereum (ETH). We will be looking at last week...
20 Dec 2021 2 minute read 0 comments FX Empire
The market breadth prompted a red flag by showing a breakdown before the stock market crashed in 2018 and 2020, resulted a drawdown between 20-35% off the peak, as shown in the comparison chart between S&P 500 (SPX) and the market breadth below. ...
20 Dec 2021 3 minute read 0 comments FX Empire
A recent announcement by the Federal Reserve has traditional investors excited and crypto enthusiasts somewhat fearful. A recent announcement by the Federal Reserve has traditional investors excited and crypto enthusiasts somewhat fearfu...
