Bitcoin sank below $100 thousand: the market reacts to the initiatives of the White House On Monday, the cost of bitcoin dropped below the $100,000 mark for the first time in a week, despite the beginning of the presidential term of Donald Trump,...
EUR/JPY Daily Time Chart Analysis The EUR/JPY currency pair has been confined within a symmetrical triangle since early August, a pattern often indicative of indecision and potential volatility. This period of consolidation has witnessed price...
On the GBP/JPY chart, the rate on the 4-hour timeframe is presently under the month-to-month pivot factor at 184.58 level. The charge being under the month-to-month pivot factor suggests that bearish stress is dominating the market. This scenario...
Technical analysis of USDCAD Today, I choose USD/CAD for technical analysis because the market price is rising and forming an ascending channel. Market prices broke these trend lines, which helped push prices higher. At this point, the market price...
GBPUSD Technical Analysis A warm, good morning to everyone! I hope you’re all doing well and having a productive start to the week. How was your first day of trading? Yesterday’s market movements were quite remarkable. Despite it being just Monday,...