EURUSD has recently experienced a significant surge, as evidenced by the confirmed buy signals indicated on the chart. However, a comprehensive analysis suggests an impending bearish movement influenced by the identifiable order block within the range of 1.06198 to 1.06723. This zone is likely to exert a substantial resistance, triggering a potential reversal in...
The recent bullish movement in the BTCUSD market can be attributed to a combination of favorable regulatory decisions and robust community engagement, as highlighted in my previous analysis. The announcement by the SEC to not contest the court ruling favoring Grayscale Investments and their Bitcoin ETF plans has significantly bolstered investor confidence. This...
In recent developments, the cryptocurrency market, particularly Bitcoin, has been influenced by a combination of regulatory and community-driven events. Notably, the SEC's decision not to contest the court ruling favoring Grayscale Investments and their Bitcoin ETF plans has generated a sense of optimism among investors. This move is perceived as a potential step...
The EURUSD pair has endured a sustained bearish trend on the daily chart, but a shift to a bullish sentiment appears imminent. Liquidity has coalesced, attracting buyers from the 1.06371 level. Furthermore, a convergence of robust support levels suggests a potential bullish rally in the near future, signaling an opportunity for traders to consider long positions.
Gold has exhibited strong bullish momentum since the opening of the London session, driven by a variety of factors. However, the outlook for XAUUSD suggests a potential shift towards a bearish downward trend, targeting the 1884 level. This expectation is primarily rooted in concerns surrounding rising inflation rates. The recent Consumer Price Index (CPI)...