Bitcoin’s Never-Ending Search for a Bottom
Market picture Bitcoin closed last week with a new formal decline, losing $100 to $16490. […]
USD/JPY: Signals of Bearish Continuation Expose Fibo Target at 135.47
Fresh bearish acceleration on Monday (down 1.1% since opening), broke clearly through pivotal Fibo support […]
EURUSD Fights Stubbornly for 1.0400
EURUSD opened with a slight negative gap on Monday after getting rejected around the 1.0400 psychological level for the […]
Gold Consolidates after Advance Pauses
Gold has been losing ground since early March, generating a profound structure of lower highs and […]
Aussie Sinks on China Unrest, Retail Sales
The Australian dollar has started the trading week with sharp losses. AUD/USD is down 0.70% […]
EUR/USD: Sustained Break Above 200DMA Signals Further Advance
The Euro regained traction and jumped on Monday, generating signal that larger bulls are resuming […]
WTI Falls to 11-month Low as Sentiment Sours Further
WTI oil price fell 3% and hit the lowest levels since late December 2021, in […]
The Market Stays Cautious ahead of Jerome Powell’s Speech and the NFP Report
On Friday, the Canadian dollar was the best-performing currency among the 20 global currencies we […]
200 Day Moving Average: What it is and How it Works
The 200 day moving average is widely used by traders to identify long term trends. […]
Engulfing Candle Patterns & How to Trade Them
Learn how to use the engulfing candlestick pattern to spot reversals in the markets.
AUD/USD Pair is Currently Consolidating Losses Below 0.6700
The Aussie Dollar failed to clear the 0.6800 resistance against the US Dollar. The AUD/USD […]
ECB Knot: Risk of doing too little clearly more pronounced
ECB Governing Council member Klaas Knot said, “My worry is still inflation, inflation, inflation… As […]