Bitcoin is nearing a critical moment as traders closely monitor for signs of either a breakout or level manipulation. On the daily timeframe, Bitcoin is trading at $68,180, approaching the significant resistance zone near $69,000. This level has...
Middle East Conflict Increases Demand for Safe Haven The escalating confrontation between Israel and Hezbollah has largely driven the latest gold gain. Upon hearing that Hezbollah intends to intensify its military conflict with Israel, investors...
Welcome traders! As observed since September 10, the divergence between the price action and the Stochastic indicator suggests a potential rebound, although the overall bearish trend signals further downward movement. The bearish divergence the RSI...
Fundamental Look In Friday's North American session, the USD/CAD pair gains momentum and breaks above the immediate resistance level of 1.3800. The Canadian Dollar (CAD) is declining on speculation that the Bank of Canada (BoC) may announce a...
The USD/CAD pair has shown a consistent upward trajectory over the past two days, as evidenced by daily timeframes. This pair is bullish, reinforced by its position above the 200-period moving average, which is presently around 1.3530. The trend is...