CryptoNews of the Week – On Monday, 24th June, for the first time since 3rd May, the price of bitcoin fell below $60,000, reaching $58,468 at one point. Ethereum, meanwhile, dropped below $3,250. “The market is struggling to digest large sales,”...
The USD/CAD currency pair prices are currently below the weekly lows. Repeated testing and subsequent rebound could provide an opportunity for a new upward movement with targets of 1.3673 and 1.3706. At the same time, key support areas could not...
Date: 26th June 2024. Market News – European Stocks Follow US Gains, Inflation Pressures Rise in Australia. Financial Markets Performance: * The USDIndex firmed but off its 105.78 peak. * USDJPY held just below the critical 160 per Dollar level,...
The Art and Strategy of Scalping in Trading Scalping is a high-frequency trading strategy that aims to profit from small price changes in financial markets. This method is distinct in its speed and precision, requiring traders to make rapid...
### Analysis of the EUR/USD Currency Pair #### Current Situation As of now, the EUR/USD currency pair is trading around the 1.0690 level. The prevailing trend appears to be bearish, indicating a downward movement. This trend suggests that the euro...