Economic calendar Friday, April 2

Economic calendar Friday, April 2

Bitcoin climbed above $ 40,000

Bitcoin climbed above $ 40,000

Tesla wants to use bitcoin in its payments. The company has bought $ 1.5 billion worth of bitcoins and wants to accept bitcoin as the currency to buy the company's products in the near future. Bitcoin rose above $ 40,000 in response to this news.

USDCAD Wednesday, January 27

USDCAD Wednesday, January 27

 

The short-term trend of the US dollar against the Canadian dollar is neutral. From the buyers' point of view, the definitive break of 1.2798 could indicate the formation of a short-term price floor, especially since the upward convergence is seen in the four-hour MACD indicator. In this case, the short-term trend of USDCAD will rise to the resistance of 1.2957. According to sellers, if the pair falls below 1.2588, the downtrend will start from 1.4667 to the estimate of 61.8% of Fibonacci at 1.2355.