Bitcoin (BTC) continues to trade in a narrow range, consolidating between $59,800 and $62,750, which represent the 38.2% and 61.8% Fibonacci retracement levels drawn from the high of July 29 to the low of August. As of Sunday, Bitcoin posted a...
Bitcoin Analysis Trading Guide: Bitcoin's current market structure suggests it is at a critical juncture, with support and resistance levels playing a pivotal role in shaping its next move. The cryptocurrency has found solid support at $59,823.85,...
Evaluating Price Action of the USD/CAD Currency Pair Current Market Trend The USD/CAD currency pair is currently showing a consistent downward trajectory. A potential barrier is identified near the 1.363 mark, which is a significant trend line. At...
Market Behavior Analysis: The Implications of the 145.50 Resistance Level Understanding market dynamics is crucial in financial trading to make informed decisions. One essential concept to grasp is how price levels act as psychological barriers that...
USD/CHF Analysis Overview Upon examining the D1 period chart for the USD/CHF currency pair, it is apparent that the price has been moving within a relatively narrow sideways range for the past month. This range spans approximately 100 points, which...