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AuthorMate Cser
Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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5 Things to Watch Next Week: The Fed, Bitcoin, the Euro, Key Earnings, and Gold

Posted on July 23rd, 2017.

1.            A Fed Meeting Without Expectations After last month’s rate hike by the Federal Reserve, the markets widely expect the FOMC to leave the benchmark rate unchanged, while signaling caution regarding the economic situation. Janet Yellen already voiced her concerns regarding inflation and growth last week, and that caused a...

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Long-Term Cryptocurrency Analysis: Bitcoin, Ethereum, Ripple, Litecoin, Ethereum Classic, and Dash

Posted on July 22nd, 2017.

The cryptocurrency market went from hell to heaven in a matter of days, as the long-term correction that started in mid-June ended with a bang last Sunday. The liquidation-fueled final leg lower in Ethereum took the majors deeply into oversold territory, and this week was all about upside momentum adn rising prices. That said, some of...

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Analysis

Euro Hits 2-Year High as Market Calls Draghi’s Bluff

Posted on July 21st, 2017.

Friday Market Recap Asset Current Value Daily Change S&P 500 2470 -0.01% DAX 12334 -0.89% WTI Crude Oil 46.49 -0.92% GOLD 1249.00 0.24% Bitcoin 2751 11.81% EUR/USD 1.1638 0.05% The most important trend in financial markets continued yesterday and today in early trading as the Euro hit yet another new high compared to the US Dollar,...

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Analysis: Bitcoin Storms Higher on BIP 91 Lock-In as Crytpocurrencies Continue Rally

Posted on July 21st, 2017.

The most valuable coin is still leading the way higher, after breaking out of its one-month long correction that took BTC 40% lower. The scaling debate has been resolved by a much-needed, but still debated consensus regarding the BIP 91 protocol, propelling Bitcoin towards its all-time highs. The currency that has been pushed lower by...

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Analysis

Draghi Flip-Flops Twice as Bitcoin Surges Past $2500

Posted on July 20th, 2017.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2474 0.11% DAX 12522 0.56% WTI Crude Oil 47.67 0.61% GOLD 1239.00 -0.25% Bitcoin 2575 12.11% EUR/USD 1.1562 +0.42% Well, that was quick; the European Central Bank backtracked from its recent hawkish position today, as the President of the central bank announced in its...

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Analysis

Cryptocurrencies Bounce Back after Quick Correction

Posted on July 20th, 2017.

The major coins experienced a swift and deep correction after rallying hard on the first two days of the week, with Ethereum dipping below $200 after almost doubling to reach $250 previously. The correction was likely triggered by a security breach in the Parity Wallet that resulted in more than $30 million worth of ETH being stolen....

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Analysis

Markets Calm Before Central Bank Madness

Posted on July 19th, 2017.

Wednesday Market Recap Asset Current Value Daily Change S&P 500 2460 0.13% DAX 12434 0.04% WTI Crude Oil 46.55 0.32% GOLD 1242.00 0.00% Bitcoin 2350 -0.03% EUR/USD 1.1530 -0.21% Financial markets are very calm once again, with yesterday’s most active European equities also virtually unchanged. The Dollar also settled down after...

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Analysis

Cryptocurrencies Hold Gains as Hard Fork Fears Ease

Posted on July 19th, 2017.

The major coins all rallied strongly in late trading on Tuesday, with Ethereum leading the way higher after surging past the $200 level and getting close to $250. The oversold long-term picture together with the positive news regarding Bitcoin’s scaling issues gave a huge boost to the whole market, as the weekend panic seems like a bad...

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Analysis

Dollar Cracks Again as Stock Fade to Red and Cryptocoins Surge

Posted on July 18th, 2017.

Tuesday Market Recap Asset Current Value Daily Change S&P 500 2454 -0.17% DAX 12431 -1.21% WTI Crude Oil 46.30 -0.61% GOLD 1242.00 0.45% Bitcoin 2340 13.23% EUR/USD 1.1573 0.83% Stock markets are losing ground today, led by European stocks that are being pushed lower by the new highs in the Euro. The DAX and the Euro Stoxx 50 indices...

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Analysis

Cryptocurrency Rally Continues as Ethereum and Bitcoin Shine

Posted on July 18th, 2017.

The major cryptocurrencies got bought aggressively following the weekend liquidation, and the most valuable coins rallied back above their prior high, giving the first confirmation of a possible long-term trend change. Bitcoin surged past $2150 and hit the key $2250 level, with the timing of the previous being almost perfectly in line...

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Analysis

Stocks in Summer Limbo Amid Crypto-Recovery

Posted on July 17th, 2017.

Monday Market Recap Asset Current Value Daily Change S&P 500 2458 0.11% DAX 12592 -0.32 WTI Crude Oil 46.44 -0.19% GOLD 1224.00 0.50% Bitcoin 2075 3.15% EUR/USD 1.1465 -0.03% Global financial markets are very quiet this Monday, with no major catalyst from the economic and political fronts. Last week’s rally in US stocks remains...

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Cryptocurrency Update: Majors at Key Price Levels After Weekend Crash

Posted on July 17th, 2017.

Ethereum recovered well after the Sunday morning crash that took the coin down to the $135 price level, with Bitcoin also bouncing higher, and the other majors following the two dominant currencies as well. ETH’s 20% rally means that the token is just below the previous low, at $172, which triggered the sell-off and liquidation during...

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Analysis

Ethereum Crashes to Two-Month Lows in Weekend Panic

Posted on July 16th, 2017.

The crazy crypto weekend continued Saturday night as Etherum broke below its recent low, triggering another huge wave of selling and forced liquidations as margin calls got initiated after the deep correction. The cryptocurrency dragged the whole market lower amid, with all the majors falling strongly, but lots of small cap coins held up...

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Analysis

Long-Term Cryptocurrency Update: Bitcoin, Ethereum, Ripple, Litecoin, and Dash

Posted on July 15th, 2017.

The crypto-correction continues in earnest this weekend, with Bitcoin leading the way lower this time around, “catching up” with our previous roadmap for the correction. The most valuable coin is testing the developing long-term base formation after spiking below the $2000 level earlier on today. BTC/USD Daily Chart Analysis The other...

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Analysis: Another Crazy Crypto-Weekend Ahead?

Posted on July 15th, 2017.

As weekends have been very busy – to say the least – for crypto traders, today’s move lower has been keeping all players on the edge. With the Segwit2X announcement looming in one week, and the Judgment Day for Bitcoin also around the corner, nervous trading continues across the board in cryptocurrencies. While the...

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Analysis

Pressure Mounts on the FED as Retail Sales Disappoint Again

Posted on July 14th, 2017.

Friday Market Recap Asset Current Value Daily Change S&P 500 2449 0.14% DAX 12618 -0.18% WTI Crude Oil 46.49 0.95% GOLD 1227.00 0.86% Bitcoin 2275 -4.23% EUR/USD 1.1441 0.37% Another month, another huge miss in US Retail Sales; that pattern didn’t break this month, as sales actually declined in June. Bastille Day is still mostly...

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Cryptocurrency Analysis: Major Coins Hold Lows as Ethereum Stuck at $200

Posted on July 14th, 2017.

The crypto-market experienced another short-term sell-off yesterday, but the major coins all managed to hold above their prior lows, as the downside momentum weakened and the small cap coins also stopped hitting new lows. While a trend change is not yet confirmed, the long-term picture continues to be encouraging, and the market could be...

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Analysis

Stocks Retreat from New Highs as Mrs. Yellen and the Fed remain in Focus

Posted on July 13th, 2017.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2443 0.13% DAX 12633 0.05% WTI Crude Oil 45.87 0.81% GOLD 1217.00 -0.13% Bitcoin 2372 -0.73% EUR/USD 1.1404 -0.07% Janet Yellen and the Fed are still all over the news today, as the central banker continues her testimony on monetary policy. After yesterday’s surprisingly...

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Analysis

Cryptocurrency Update: Coins Settle Down after Storm as Selling Pressure Weakens

Posted on July 12th, 2017.

The major coins bounced back from yesterday’s decline and although the rise in Bitcoin and Ethereum is muted, some of the most valuable cryptocurrencies are showing positive divergence. The selling pressure that dominated the recent month during the correction has weakened recently, and the small cap crash of the weekend might have...

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Analysis

Yellen Speech Sparks Rally in “Everything” as Fed Sees Risk Again

Posted on July 12th, 2017.

Wednesday Market Recap Asset Current Value Daily Change S&P 500 2439 0.59% DAX 12641 -1.64% WTI Crude Oil 45.30 0.52% GOLD 1221.00 0.53% Bitcoin 2370 0.20% EUR/USD 1.1425 -0.37% Investors might have felt quite a bit of nostalgia today, as Fed Chair Janet Yellen followed the tradition Alan Greenspan and Ben “Helicopter” Bernanke when...