Market Forecasts and Analyses
8 Dec 2021 3 minute read 0 comments FX Empire
The current correction is longer in time and more profound in price than the preferred Elliott Wave Principle count I was tracking and even more than the alternative count displayed in Figure 1 of my previous update. In my last several up...
7 Dec 2021 2 minute read 0 comments FX Empire
LINK/USD tumbled in line with the broader crypto market crash over the weekend and has since struggled to recover ground. Cryptocurrency markets suffered from a significant blowout over the weekend and Chainlink (LINK/USD) was no excepti...
7 Dec 2021 1 minute read 1 comment FX Empire
The price is currently bouncing from the zone. We could see a continuation up if the market gets further bullish momentum. BTC/USD Technical Analysis BTC/USD is in uptrend The price needs further bullish momentum 65000 is expected Daily t...
7 Dec 2021 1 minute read 1 comment FX Empire
Crypto market is coming lower as we have been warning for a long time. And, with recent sharp decline and broken channel support line on Crypto total market cap chart, there’s a chance for more weakness within a five-wave cycle, but only...
6 Dec 2021 1 minute read 1 comment FX Empire
It’s been a choppy morning, with Bitcoin testing support levels early. A move back through to $50,000 would support a run at $52,000 levels. Bitcoin’s Morning Session At the time of writing, Bitcoin, was down by 1.44% to $48,762. A mixed sta...
6 Dec 2021 2 minute read 0 comments FX Empire
Following a bearish week for the majors, a move through the week’s pivot levels would be key to avoiding another week in the red. Bitcoin Bitcoin, BTC to USD, slid by 13.70% in the week ending 5th December. Following a 2.29% loss in the week pri...
6 Dec 2021 1 minute read 0 comments FX Empire
The options market could go ballistic ahead of the GameStop report, with the most aggressive bearish bets of 2021. Bitcoin got smashed over the weekend, dropping to a two-month low under 42,000 before bouncing above 49,000 ahead of the new trading w...
5 Dec 2021 2 minute read 2 comments FX Empire
A change of character bar was observed on Black Friday, 26 Nov in S&P 500, Russell 2000 and Dow Jones, which essentially stopped the uptrend since 13 Oct. After the Black Friday selloff, there was increasing of supply last week to push t...
5 Dec 2021 1 minute read 0 comments FX Empire
A week after Black Friday a day of the year known for retail sales throughout American business’s we have another chance to get pricing discounts the likes of which may not be seen for the rest of 2021 and it’s in the crypto markets. Today the...
4 Dec 2021 1 minute read 0 comments FX Empire
Economists are noting that the economy is very close to maximum employment, making an early interest rate increase from the Federal Reserve possible. Gold futures are edging higher late in the session on Friday after another successful test of a maj...
