Daily News | Bitcoin halving approaches | 27.03
Bitcoin halving approaches.
Halving and Coronavirus are expected to boost BTC volatility.
Bitcoin prices may see a pickup in volatility ahead of the 2020 halving as the pandemic disrupts cross-continental mining operations.
Safe haven USD may pressure EUR.
EUR/USD may retreat on German IFO, US durable goods orders data.
The Euro-Dollar pair may retrace some of its recent gains if German IFO and US durable goods orders data push the haven-linked US Dollar higher.
Oil sees rare low volatility.
Oil prices rise on the stimulus package, fuel demand sinks.
U.S. crude prices rose slightly, bolstered by progress on a massive pending U.S. economic stimulus package.
USD/JPY
USD/JPY has remained muted in the last session.
The Dollar-Yen pair has remained muted in the last session. The RSI has cooled down and is currently neutral.
Gold
XAU/USD has fallen 0.5% in the last session.
The price of gold has fallen 0.5% in the last session. The RSI has gradually receded into the neutral zone.
AUD/USD
AUD/USD has traded sideways in the last session.
The Aussie-Dollar pair has traded sideways in the last session. The CCI has diminished into the negative area.
GBP/USD
GBP/USD has gained 1% in the last session.
The Sterling-Dollar pair has gained 1% in the last session. The CCI is strengthening and is now giving a positive signal.