OKEx Technical Weekly: Nov 18, 2019

Technical analysis of this week’s crypto trading market The lukewarm sentiment in the cryptocurrency markets remains intact after the bitcoin touched just below the 8,600 levels over the weekend. Traders have been seeking clarity on the outlook of the prices, while many of the major cryptos have been traded sideways. OKEx’s BTCUSD Index started the week […]

Global Markets Review: October 2019

Best of OKEx OKEx Perspectives OKEx Technicals OKEx Quant OKEx Strategy  OKEx Events Crypto Market Recap October was a rollercoaster ride month for cryptocurrency watchers, as the prices of bitcoin have produced a 3208.9 USDT trading band last month over the OKEx trading platform. OKEx’s BTCUSD Index gained 11.37% in October, it was the first monthly […]

OKEx Technical Weekly: Nov 4, 2019

Technical analysis of this week’s crypto trading market The cryptocurrency market has a muted start on Monday after bitcoin prices briefly touched 9300 levels over the weekend. Markets’ bias was mostly on the positive side, fresh data shows that institutions’ bitcoin long positions have increased to the highest since early August, indicating that long funds could […]

Looking Ahead to Next Week’s FOMC Meeting

Overview The market expects that The Federal Open Market Committee (FOMC) to approve a quarter-point reduction at the Oct 29–30 meeting that will set the funds rate down to the 1.5% — 1.75% range. In September, FOMC had cut the federal funds rate from 2.00% to 1.75%, another move following the July rate cut. What happened after […]

OKEx Technical Weekly: Oct 21, 2019

Technical analysis of this week’s crypto trading market Sentiment slightly improved as BTC reclaimed 8,200 levels We’ve seen green across the cryptocurrency space as the prices of bitcoin recovered the 8,200 levels in the early Monday Asia session. Sentiment has slightly improved overall in the crypto markets with major altcoins rebound around 2 to 6 percent. However, […]