The common currency, on the daily chart, is trading in a bear trend below its main daily simple moving averages (DSMAs). On Tuesday, the market will pay attention to the German ZEW survey.
Following its pullback from 1.2507, GBP/USD has been on the sellers’ radar with the recent quotes being around 1.2430 amid initial Tuesday morning in Asia. The pair aims to revisit short-term rising trend-line.
Bitcoin is on course for charting its fifth straight bearish day in a row. So far this Tuesday, the price has gone down from $10,269.35 to $10,215.50. Over the previous five days, the price of BTC/USD has dropped from $10,428.45 to $10,215.50, charting a 2% fall in price.
The second-largest cryptocurrency with the current market capitalization of $20.9 billion has broken above critical $190.00 to trade at $194.30 at the time of writing. ETH/USD has gained over 3% on a day-on-day basis and 2.5% since the beginning of the day.
According to Inquirer.net - local Philippine news outlet - the police have raided the offices of an alleged crypto scam. The scam was targeting investors based in China. Agents from the Bureau of ...