BITCOIN, CRYPTO KEY POINTS: Bitcoin Remains Below the $38k Mark as Rangebound Trade Continues. Crypto Industry Relatively Calm Despite Record Breaking Binance Fine and New CEO for the World’s Largest Crypto Exchange. Coinbase Appears to be an Unlikely Winner as it Continues to Advance. To Learn More AboutPrice Action,Chart Patterns and Moving Averages,Check out the
Share: EUR/USD regains traction after bottoming out near 1.0860. Further recovery should initially target the mid-1.0900s. EUR/USD reverses four consecutive sessions of losses and regains the area beyond 1.0900 the figure on Thursday. If the rebound gathers extra steam, it could encourage the pair to dispute the interim 55-day SMA at 1.0951 prior
Share: Silver (XAG/USD) stages a modest recovery after July’s US jobs data missed estimates, trading at $23.57, bouncing off the 200-day EMA at $23.18. Technical outlook shifts to neutral-upward bias, as the metal remains above the 200-day EMA and July 6 low of $22.53. Key resistance lies at the 100-day EMA at $23.67,