Crispus Nyaga
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 10 Articles
- EUR/USD Forex Signal: Rebounds as Trump Takes Charge
- 01/21/2025 8:41
The EUR/USD exchange rate rose as the US dollar index dropped by over 1%. It rose to a high of 1.0430, its highest swing since January 7, and about 2.45% from its lowest level this month. So, what next for the euro after Donald Trump’s inauguration?
- BTC/USD Forex Signal: Double-Top Chart Pattern Forms
- 01/21/2025 8:36
Bitcoin price surged to a record high of $109,217 and then pared back some of those gain after Donald Trump became the US president. The BTC/USD pair retreated to 103,350 as some investors started to take profits.
Despite a bullish surge, long term the Aussie is looking bearish with its reliance on a struggling Chinese economy
The GBP/USD exchange rate resumed its downward trend after the recent UK and US economic numbers. The pair dropped to a low of 1.2170 and is nearing its lowest level since October 2023. It has fallen by almost 10% from its highest level in 2024.
The EUR/USD exchange rate was unchanged on Monday morning ahead of a data-lite week and key macro events like Donald Trump swearing in and the World Economic Forum event in Davos, Switzerland. The pair was trading at 1.0270, a few pips above this month’s low of 1.0178.
- AUD/USD Forex Signal: Bullish Divergence Pattern Forms
- 01/20/2025 7:57
The AUD/USD exchange rate remained on edge ahead of Donald Trump’s inauguration in the United States. The pair retreated below the psychological point at 0.6200, a few points above this month’s low of 0.6133.
The GBP/USD pair remained on edge after reports from the UK and the US showed that inflation was easing. In the UK, the headline Consumer Price Index (CPI) moved from 2.6% in November to 2.5% in December, lower than the expected 2.6%.
The EUR/USD exchange rate moved sideways after the US core inflation moved downwards slightly providing a big relief to investors. According to the statistics agency, the core consumer price index (CPI) dropped from 0.3% in November to 0.2%, lower than the median estimate of 0.3%. It dropped from 3.3% to 3.2% on a YoY basis.
Bitcoin price drifted upwards as a risk-on sentiment spread in the financial market on Wednesday.
AUD/USD plunges to multi-year lows amid rising bond yields and inflation fears, with markets eyeing US CPI and Australian jobs data for direction.