On Saturday, ETH/USD experienced a slight gain of 0.59%, reaching approximately $2,470. This increase occurred even as Glassnode reported a drop in Ethereum's market cap dominance relative to Bitcoin. Despite the overall negative trend in Ethereum...
BIG RESISTANCE AT FOREX MARKET _Big Resistance at Forex Market: Understanding and Trading_ _Introduction_ Big resistance levels are critical price zones that act as barriers to further price movement in the Forex market. Understanding and trading...
EUR/USD technical analysis Currently, EURUSD is trading at 1.0935. Since the morning, the price has shown a joyous sluggish moment, and we tested the daily SMA-50 at 1.0955. Prices are moving downward as the SMAs of 150, 200, and 50 fail, but buyers...
WHAT IS A TWEEZER CANDLESTICK PATTERN _What is a Tweezer Candlestick Pattern?_ The Tweezer candlestick pattern is a technical analysis tool used to identify potential reversals in financial markets. It consists of two candles with identical or...
Fundamental analysis in the Forex market relies on daily economic variables and is heavily influenced by news events that can significantly move currency pairs. Many traders find this type of analysis challenging and often do not rely on it...