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Cryptocurrency Trading

USDINR – Weekly Outlook & Analysis for 30th September 2022

Introduction From the forex platform, we can see that the US dollar continues to get stronger and it is creating a new high on the trading platform. The Reserve bank of India has been selling dollars to manage the volatility in the market which is affecting the Indian currency India’s Fundamentals  The Indian Forex reserves […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 16th September 2022

Introduction This trading week’s attention for the Indian brokers was on the CPI data, released with 0.1% above the previous month’s reading and it led to another round of sell-off immediately where bitcoin lost about 6% of its value in 2mintues.  The report shows that the inflation level came out higher than expected and the […]

USDINR – Weekly Outlook & Analysis for 3rd September 2022

Introduction The week’s trading activities will bring volatility across forex platforms as the non-farm payroll data will be released with other important fundamentals from the US economy activities. The market will react in favor of the dollar if the employment status continues to add jobs to the county employment data for a healthy economy. India’s […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 26th August 2022

Introduction The BTC suffer another loss when it fell from the psychological high of 24200 and lost about 10% of its bullish gain to the sellers. For the past trading days, the markets have been in consolidation, therefore, the India brokers will have to keep their fingers crossed until a clear direction is known.  Despite […]

EURUSD – Weekly Outlook & Analysis for 12th August 2022

Introduction The Junes CPI report saw the inflation rate hitting 40 years high, a major concern to the forex brokers and investors. A sign of relief came into the market when the inflation data came out softer than expected when July’s CPI data was released.  Market analysts believe that the Federal Reserves are still struggling […]

USDINR – Weekly Outlook & Analysis for 5th August 2022

Introduction The market started on a slower note for the dollar index on the Indian forex platform as Pelosi plans to arrive in Taiwan against the Chinese threat to the people of Taiwan. However, the dollar has lost some steam having reached the high of 80.00 during last month’s trading activities entering into the new […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 29th June 2022

Introduction The FBI (Federal Bureau of Investigation) recently raised an alarm about another scamming method mimics an investment strategy called liquidity mining. Crypto investors, Indian trading brokers, and American citizens are warned about ways scammers exploit owners of their digital assets.  They explained that liquidity mining in a legitimate form is to give investors some […]

USDINR – Weekly Outlook & Analysis for 8th July 2022

Introduction The outcome of the FOMC meeting will influence the pair on the India forex platforms as traders and investors will want to be in the right direction when the outcome of the meeting is released. The analyst expects the interest rate to be increased as the Fed plans to reach 75bps in 2022. India’s […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 30th June 2022

Introduction The St.Louis Fed Chief James Bullard believes that the inflation level is still high and that the FOMC could raise the interest rate to 3.5% by the 4th quarter of 2022 to control the hot inflation level.  Indian brokers and other investors will be following the development and its effects on cryptos as the […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 17th June 2022

Introduction The recent dip in the crypto market has made the Indian brokers observe the reaction of price and what is likely to happen in the crypto industry as the market cap dropped below $1 trillion by 2021. The close price below the psychological zone of 25500 has increased the bearish momentum in the market. […]