Buyers in crude oil had their shot to take price higher from a technical perspective and they missed.

Buyers in crude oil had their shot to take price higher from a technical perspective and they missed.

Crude oil futures are moving higher today, currently trading at $85.41 — up around $2 on the session. The high extended to $86.79, the best level since August 21. At session highs, the price was testing the key 100-day moving average at $86.73. Buyers briefly pushed price above that MA, but momentum faded fast and

Buyers in crude oil had their shot to take price higher from a technical perspective and they missed. Read More »

EUR/USD Analysis – August 28: Kevin Warsh Reaffirms the Fed’s Focus on Inflation

EUR/USD Analysis – August 28: Kevin Warsh Reaffirms the Fed’s Focus on Inflation

The wave count on the four-hour chart for EUR/USD is becoming more complex. There is still no question of canceling the bullish trend segment (bottom chart) that began in January last year. On the contrary, we have seen a complete A-B-C corrective structure, which is most likely finished. We never saw a convincing wave 5

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Will ISO 20022 Increase the Adoption of Cryptocurrencies?

Will ISO 20022 Increase the Adoption of Cryptocurrencies?

Trusting cryptocurrencies is probably one of the hardest challenges for anyone, especially with instances of scams and fraud making headlines. The good news for the crypto landscape comes with introduction of ISO 20022, a new standard for electronic communication between financial institutions. As the discussions about impact of ISO 20022 on crypto adoption continue to

Will ISO 20022 Increase the Adoption of Cryptocurrencies? Read More »

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