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  1. Stan NordFX

    Daily market analysis by NordFX

    CRYPTOCURRENCIES: Bitcoin – The Calm Before the Halving After bitcoin reached a new all-time high of $73,743 on March 14, a wave of selloffs and profit-taking by short-term speculators followed. BTC/USD sharply retreated, losing approximately 17.5%. A local minimum was recorded at $60,778...
  2. Stan NordFX

    Daily market analysis by NordFX

    GBP/USD: BoE Hawks Morph into Doves Data on consumer inflation in the UK, released on Wednesday, March 20, a day ahead of the Bank of England (BoE) meeting, indicated a slight deceleration and fell a bit below expectations. The year-on-year CPI slowed from 4.0% to 3.4%, against the anticipated...
  3. Stan NordFX

    Daily market analysis by NordFX

    Forex and Cryptocurrencies Forecast for March 25 - 29, 2024 EUR/USD: Switzerland Strengthens the Dollar The key event of the past week was undoubtedly the FOMC (Federal Open Market Committee) meeting of the US Federal Reserve on March 20. As expected, the American Central Bank unanimously...
  4. Stan NordFX

    Daily market analysis by NordFX

    CryptoNews of the Week – Roger Ver, introducing his new book "The Hijacking of Bitcoin: The Hidden Story of BTC," announced that bitcoin has been captured by a group of insiders. According to this experienced investor, this development has altered the project's philosophy. Jeffrey Tucker, an...
  5. Stan NordFX

    Daily market analysis by NordFX

    CRYPTOCURRENCIES: Riding the Wave of FOMO to New Historical Highs FOMO (Fear of Missing Out) is currently the dominant sentiment in the market, driving the leading cryptocurrency to new heights. Another record was set on Thursday, 14 March, when BTC/USD reached $73,743. Following the approval...
  6. Stan NordFX

    Daily market analysis by NordFX

    USD/JPY: What to Expect from the Bank of Japan The upcoming week, on Tuesday, 19 March, will also see a meeting of the Bank of Japan (BoJ). Consequently, speculation regarding an imminent shift in the regulator's monetary policy is mounting. Analysts at TD Securities have shifted their...
  7. Stan NordFX

    Daily market analysis by NordFX

    Forex and Cryptocurrencies Forecast for March 18 - 22, 2024 EUR/USD: Stubborn Inflation Refuses to Back Down Market participants last week were keenly focused on inflation data from the US. The FOMC (Federal Open Market Committee) meeting of the Federal Reserve is scheduled for Wednesday, 20...
  8. Stan NordFX

    Daily market analysis by NordFX

    CryptoNews of the Week – In a CNBC interview, former US President and Republican Party leader Donald Trump highlighted the importance of the American national currency and compared moving away from the dollar standard to a defeat. At the same time, he stated that he does not plan to obstruct...
  9. Stan NordFX

    Daily market analysis by NordFX

    CRYPTOCURRENCIES: Two Historic Records in One Week In less than 24 hours on 4 March, bitcoin appreciated by approximately 10% and reached the mark of $69,016. This was a new (but not the last) historical record, surpassing the previous one of $68,917 set on 10 November 2021. Most top-10 crypto...
  10. Stan NordFX

    Daily market analysis by NordFX

    USD/JPY: A Great Week for the Yen If the past week was very good for the pound, it was simply great for the Japanese yen. USD/JPY reached a local minimum of 146.47 on the evening of Friday, 8 March, meaning the yen reclaimed more than 360 points from the dollar. In addition to the weakening of...
  11. Stan NordFX

    Daily market analysis by NordFX

    Forex and Cryptocurrencies Forecast for March 11 - 15, 2024 EUR/USD: A Bad Week for the Dollar The past week was dominated by the European Central Bank (ECB)'s meeting on Thursday, 7 March. As anticipated, the pan-European regulator decided to maintain its current monetary policy, leaving...
  12. Stan NordFX

    Daily market analysis by NordFX

    NordFX's New Mega Super Lottery: 202+4 Prizes in 2024 The new mega super lottery by brokerage firm NordFX kicked off on 8 March this year, featuring a multitude of cash prizes ranging from $250 to $5,000, amounting to a total of $100,000. The Super Lottery with a prize pool of $100,000 has...
  13. Stan NordFX

    Daily market analysis by NordFX

    – According to Professor of Physics Giovanni Santostasi, bitcoin could appreciate 64 times in the next 15 years, reaching $10.63 million. This forecast is based on a power-law model. A power-law relationship is a mathematical connection between two quantities where a relative change in one...
  14. Stan NordFX

    Daily market analysis by NordFX

    CryptoNews of the Week – Bitcoin appreciated by about 10% in less than a day on March 4, reaching a new all-time high of $69,016. The previous record was $68,917, set on November 10, 2021. The market capitalisation of the leading cryptocurrency exceeded $1.3 trillion. Most of the top 10...
  15. Stan NordFX

    Daily market analysis by NordFX

    CRYPTOCURRENCIES: New Records for the "Naked King" Last week, bitcoin set historical highs against local currencies in many countries. Now, the leading cryptocurrency is aiming to test and possibly surpass its all-time high of $68,917, reached on 10 November 2021. At least, the current...
  16. Stan NordFX

    Daily market analysis by NordFX

    USD/JPY: Petal Predictions There's an ancient method of fortune-telling with a flower. A girl takes a flower in her hand and plucks the petals one by one: the first one means someone will love her, the second means they won't, the third means love, the fourth means no love, and so on until the...
  17. Stan NordFX

    Daily market analysis by NordFX

    Forex and Cryptocurrencies Forecast for March 04 - 08, 2024 EUR/USD: Weak Bulls vs. Weak Bears Throughout the past week, EUR/USD has been trading within a narrow channel. News favouring the euro pushed it towards the resistance level at 1.0865, while positive developments for the dollar...
  18. Stan NordFX

    Daily market analysis by NordFX

    February 2024 Results: NordFX Top 3 Traders and New Unique Bonus NordFX, a brokerage firm, has summarized the trading performance of its clients for February 2024. The effectiveness of social trading services, PAMM and CopyTrading, as well as the profits earned by the company's IB partners...
  19. Stan NordFX

    Daily market analysis by NordFX

    CryptoNews of the Week – Donald Trump, the former (and possibly future) president of the United States and leader of the Republican Party, stated in a conversation with Fox News that the current development of bitcoin will require regulatory intervention from the authorities. He mentioned...
  20. Stan NordFX

    Daily market analysis by NordFX

    NordFX Secures Its First 2024 Award as Best Crypto Broker in South East Asia Finance Derivative magazine announced the 2024 Awards, among which brokerage firm NordFX emerged victorious in the "Best Crypto Broker South East Asia 2024" category. Finance Derivative is a publication and magazine...
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