According to an announcement earlier this week, Europe is one step closer to the integration of an official central bank digital currency (CBDC). Currently, the Bank of France (BoF), the Bank for International Settlements (BIS), and the Swiss ...

The Swamp

As I thought, the consolidation won't end this week. If it doesn't end before the holidays it may stretch well into next year.

EURUSD

I am starting to lose hope that the consolidation will end this week. It's back at 1.1280.

EURUSD

It bounced off from 1.1230 but is that the end of the move south or is it just part of the correction?

EURUSD

It's still bearish, unfortunately. I was, perhaps, a little hasty in opening a new long.

EURUSD

Between the two pinbars on the weekly time frame I think we'll see it move north next. Eventually.

EURUSD

He seems out of touch. Bitcoin's quarterly volume of transactions recently surpassed that of PayPal and it is projected to surpass Visa and MasterCard by 2026. Failed to become a payment system? I think not.

Bitcoin (BTCUSD)

The hammer candlestick at the support at 1.1185 is a pretty good indication there will be a move north eventually, I think.

EURUSD

On the weekly time frame there is a pretty distinct hammer candlestick at the support at 1.1185 so there may be a significant correction soon.

EURUSD

It's consolidating sideways again. I don't open any positions when it's this undecided.

EURUSD

It's consolidating sideways like I thought it would. I'll probably wait it out before I open a new position.

EURUSD

Personally, I think EUR/USD will be forming a sideways consolidation this week as part of the correction.

EURUSD

We may see another Bitcoin drop in the coming months - after China now India is gearing up to ban the industry, they're mulling over a new law that will ban all private crypto assets in the country and will be debating it during the winter ...

Bitcoin Now and What is Next

It bounced off 1.1200 and it looks like it is starting a correction. If that's the case it will probably last well into next week.

EURUSD

It's almost down to 1.1200. Do you think it will break out below that level this week?

EURUSD

It dropped below 1.1200 and it remains very bearish for now. Next target may be 1.1100.

EURUSD

It's testing 1.1230. I too think we may see something of a correction here, but I doubt it will last long.

EURUSD

I think it will reach 1.1200, but after that it's up in the air.

EURUSD

Some good news coming from India actually - the Indian government plans to regulate the crypto currency exchanges operating in the country as e-commerce platforms, which will reduce the Goods and Services Taxes (GST) users have to pay with every ...

Bitcoin Enthusiasts

I think a correction is beginning, there's a pinbar on the daily time frame around 1.1300.

EURUSD