Dollar in Focus as Dual NFP Report and Global FX Shifts Shape Market Outlook
UK Wage Growth Slows Sharply, Paving the Way for Rate Cuts
Eurozone PMI Signals Resilient Growth Despite Manufacturing Slowdown
Fed Faces Liquidity Pressures as Balance Sheet Freeze Meets Market Ti
France’s Social Security Budget Passes by Narrow Margin, Raising Fiscal Risks for 2026
BTC/USD has been trading sideways at the price of $16.800/ Anyway, I see potential for the upside movement due to the potential completion of the downside correction.
Due to the potential completion of the downside correction and strong rejection in the background, I see potential for the further rally.
Watch for the potential buying opportunities with the upside objectives at $17.110 and $17.350.
Stochastic oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of $16.600
Relevance up to 08:00 2022-12-09 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
