Stocks rebound revives hope but Cryptos struggle…

3 min read

Some sort of sanity returned to volatility driven U.S stocks in the past week with the traders seeing the calmest period for the benchmark S&P 500 in three months, which did not post a move greater than 1% in either direction during any day. Will take a detailed look at the chart later. The Cryptos on the other hand came under renewed selling pressure giving up all the gains from the previous week. On the Forex front, Greenback is finally beginning to buckle as evident from the Dollar Index chart – the current rally in USD seems to have taken a…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.