Therefore, the outlook for Bitcoin is bullish, with the next point to watch being at $34,000. In the longer term, however, there is a likelihood that it will bounce back and retest the in few month high of 44 080
GBP/USD gained traction and advanced toward 1.2850 Soon Wednesday after closing the first day of the week virtually unchanged. Keep it for the buy The near-term technical outlook points to a build-up of bullish momentum.
Crude oil moves above $75.00 The price of Crude oil is moving above $75 to a high of $75.11 so far. The last time the price moved above the $75 level was on January 12 with the swing high reaching $75.24. The end of December highs reached to $75.66 and $76.18. Those levels are the next targets on the topside.
(XAU/USD) strong bullish back on Monday as investors reconsider the outlook on interest rates by the Federal Reserve (Fed) Xauusd uptrend and Make some sideways move Policymakers are consistently resistance the tight interest narrative to ensure the return of inflation to the 2% target in a sustainable manner. The precious metal is facing some bullish as the...
The US Dollar Index (DXY) is facing substantial buying pressure. A daily chart shows a third consecutive day with buyer highs and lows. This points to increasing buy pressure, while the DXY is bounce to hold ground above the very important technical levels in the form of the 200-day Simple Moving Average (SMA) at 103.47 and the 55-day SMA at 103.28.
Bitcoin (BTC) is struggling on Monday morning to keep its head above volatile waters, trading at $40,000, after its value fell last week. A decline in open interest by large-wallet investors (popularly known as whales), coupled with an increase of their Tether (USDT) reserves on Bitfinex, suggests that the bullish trend for BTC price could extend in the uptrend term.
Beyond Thursday's European Central Bank (ECB) Eurusd lower meeting, Tuesday sees the latest ECB bank lending survey and Wednesday sees the flash PMIs for January. These two data sets weighed quite heavily on the Euro last autumn/winter and will be closely watched ahead of the ECB policy meeting. hands at around 1.0880 ahead of united states us opening the peaked...
GBPUSD staged a rebound in the second half of the previous week and erased a large portion of its weekly losses. The GBPUSD pair's near-term technical outlook is yet to point to bearish momentum as it holds steady at around 1.2000
Gold (XAU/USD) managed to regain balance and reverse a negative start of the week, rebounding from five-week lows in the boundaries of the key contention zone around $2,015 to reclaim the vicinity of $2,040 towards the end of the trading week. But Gold is bullish Still, the precious metal lost some momentum on the week as investors scaled back Federal Reserve...
The eurusd pair trade little change for a second eurusd will down soon so wait and see consecutive day changing hands at around 1.0880 ahead of united states us opening the peaked at 1.0906 while it net a bottom at 1.0876
XAUUSD has executed a short term recovery move in the midst 1d low near the psychological support of $2,000 target 2100