Skip to main content

Cryptocurrency Trading

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. […]

USDINR – Weekly Outlook & Analysis for 11th June 2022

Introduction Long term traders’ sentiment favors the upside momentum on the forex platform as the USDINR continues to print higher peaks and valleys on the weekly time frame, since 07 June last year.  Last week’s bearish closing hidden inside bar suggested an accumulation of sell order, however, the bulls have shown that it’s not sufficient […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 28th May 2022

Introduction The best Indian brokers may begin to see the long-term position traders closing out their trades as they see the BTC chart break below the psychological zones to bottom at a new low should the bearish momentum continue.  Some analysts say that the price may bottom at the $12K or $9K depending on the […]

USDINR – Weekly Outlook & Analysis for 19th May 2022

Introduction The bullish run on the USDINR pair has broken out of the 77.00 resistance level by the previous week’s candle, the bullish trend may continue in the following weeks but the price may retest the zone on the OlympTrade forex platform before the trend continues or reverses. India’s Fundamentals  The Indian authority unveiled its […]

BTCUSD Weekly Outlook and Bitcoin Fundamentals, 5th May 2022

Introduction Crypto brokers in India welcome the recent step taken by the SEC to tackle frauds in the crypto market as a means of protecting innocent investors according to the chairman of SEC Gary Gensler.  The Securities and Exchange Commission is ready to crack down on the criminal activities in the digital asset market. BTCUSD […]