Currently, XAUUSD is experiencing a corrective upward impulse, but it is not yet clear if this movement has reached its full potential. The nearest significant resistance level for gold is at 2645. If the price successfully breaks above this level,...
•••Bitcoin Price Analysis: January 2, 2025••• •The cryptocurrency market is alive with activity as Bitcoin continues to dance around the $97,000 mark. Traders and investors alike are holding their breath to see whether this phase will spark a rally...
EUR/USD Technical Analysis Current Price: As of today, EUR/USD is trading around the 1.0650 level. Trend: I’m seeing a consolidation phase in the pair, with a slight bearish bias. The price has struggled to break above the 1.0700 resistance level,...
GBP/USD Technical Analysis: Right now, GBP/USD is hovering around 1.2675, and it looks like it’s holding steady near the 50-day moving average. From what I’m seeing, there’s some resistance around 1.2700 and 1.2750, while support seems firm at...
Market participants are grappling with a complex environment defined by divergent monetary policies, fluctuating economic indicators, and evolving geopolitical risks. While optimism surrounding New Zealand’s inflation outlook offers potential...
