About Crispus Nyaga
Crispus Nyaga is a financial analyst, coach, and trader with more than 8 years in the industry. He has worked for leading companies like ATFX, easyMarkets, and OctaFx. Further, he has published widely in platforms like SeekingAlpha, Investing Cube, Capital.com, and Invezz. In his free time, he likes watching golf and spending time with his wife and child.
Latest 12 Articles
Bitcoin remains capped under $112K despite strong ETF inflows, with traders eyeing 107,300 support and 113,500 resistance as US inflation data looms.
GBP/USD advanced to 1.3500 after weak US jobs data, with bulls targeting 1.3600 as Fed cut expectations rise while the BoE holds steady.
EUR/USD climbed to 1.1760 after weak NFP data, with bulls targeting 1.1830 ahead of the ECB decision and US inflation release.
Top Forex Brokers
AUD/USD is climbing after forming a double-bottom at 0.6415, with bulls targeting 0.6600 as stronger Aussie inflation data reduces RBA cut odds.
GBP/USD is consolidating near 1.3500 with a bullish inverse H&S setup, targeting 1.3600 ahead of key US GDP and PCE inflation releases.
EUR/USD is consolidating near 1.1630 with a bullish inverse head-and-shoulders, eyeing 1.1825 resistance ahead of key US inflation and GDP data.
AUD/USD remains rangebound near 0.65, supported by RBA’s dovish minutes and pressured by US political and economic uncertainty before key GDP and PCE releases.
BTC/USD slumped to six-week lows, with bears eyeing $105K support as Fed policy uncertainty, Trump’s Fed clash, and Nvidia earnings drive volatility.
EUR/USD slipped after US political turmoil and weak confidence data, but technicals point to a potential bullish breakout toward 1.1825.
Bonuses & Promotions
The GBP/USD exchange rate retreated as the US dollar index rebounded on Monday. It dropped to a low of 1.3450, down from last Friday’s high of 1.3553 as attention turned to key macro data from the US.
The EUR/USD exchange rate pulled back as the recent sentiment on Federal Reserve interest rate cuts faded. The pair was trading at 1.1625, down from last Friday’s high of 1.1740.
Bitcoin price has crashed in the past few days as the recent bull run faded. The BTC/USD pair moved to below 110,000, its lowest level since July 9 this year. It has plunged by 12% from its highest point this year, meaning that it is in a correction.