EUR/USD has creeped higher in February, edging closer to the 2021 peak near 1.2348. With the technical landscape tilting higher and USD weakness present, can EUR/USD continue its climb?
Dovish commentary from Federal Reserve Chairman Jerome Powell and the impending provision of additional fiscal support will probably keep USD on the backfoot against its counterparts.
Bitcoin Price Suffers Pullback, Damaging Technical Landscape 2021-02-22 21:10:00 Peter Hanks, Strategist
Bitcoin (BTC/USD) Price Outlook:
Bitcoin briefly broke beneath $50,000 before bulls rushed in to ward off further declines
While the fundamental case remains encouraging, recent weakness has dealt damage to the technical landscape
Bitcoin Price Suffers Pullback, Damaging Technical Landscape
Bitcoin suffered a considerable setback to start the week as the cryptocurrency plummeted more than $10,000 in a matter of hours. Amidst the declines, Bitcoin broke beneath ascending trendlines and the crucial $50,000 psychological level, dealing damage to the technical outlook even as the fundamental foundation remained constant. While a recent wave of corporate adoptions has provided an encouraging tailwind for the cryptocurrency – and shorter-term pullbacks may prove healthy after its meteoric rise – Bitcoin will
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