Fundamental Analysis of BTCUSD: Key Drivers and Market Outlook The fundamental analysis of BTCUSD (Bitcoin to US Dollar) reveals several critical factors influencing its current valuation and future trajectory. Market Sentiment and Adoption Bitcoin...
The GBP/USD pair achieved a ten-week high on Wednesday, surpassing the 1.2700 level for the first time since mid-December. This bullish surge was largely attributed to a perceived absence of negative news, allowing the Pound to capitalize on...
In my analysis of the USD/JPY daily chart, I believe the Japanese yen is just beginning its southern movement. However, I observe that the sellers have already fulfilled their immediate southern targets at the levels of the first impulse zone. I...
The Canadian Dollar (CAD) has managed to limit its losses thanks to rising oil prices, which provide some support due to Canada’s position as the largest oil exporter to the United States. West Texas Intermediate (WTI) crude has extended its rally...
Hello. On Friday, sellers continued to develop the decline, and the day was theirs despite the attempt of buyers to form something upward at the very end of trading. The descending structure is still in force, and now, in order to continue the...
