Hello, EUR/USD accelerated its decline in December after the encouraging release of the US Michigan Consumer Sentiment Index, which erased all the gains made by the NFP. The US dollar strengthened along with stocks as the case for an additional Fed...
The chart illustrates Bitcoin's price action over a period, accompanied by a moving average (likely a Simple Moving Average, SMA) in red, which helps smooth out price fluctuations. Observing the price interaction with this moving average, the...
BTC/USD Technical Analysis Daily chart: On the daily chart, BTC/USD has tested a significant level, indicating that volatility may continue. While BTC/USD is above 90,000 and above lower lows, the overall trend remains bullish. Today, the market...
Technical Indicators Technical indicators are tools used in financial analysis to evaluate price movements, trends, and potential market direction. They are often employed by traders and analysts in various forms of technical analysis to make...
Japanese Candlestick Chart Patterns Japanese candlestick chart patterns are a popular technical analysis tool used by traders to predict potential price movements in financial markets, such as stocks, forex, and commodities. These patterns are...