Bitcoin (BTC) continues to trade in a narrow range, consolidating between $59,800 and $62,750, which represent the 38.2% and 61.8% Fibonacci retracement levels drawn from the high of July 29 to the low of August. As of Sunday, Bitcoin posted a...
The USD/JPY currency pair is currently operating within a defined trading range, with key levels of interest between 147.70 and 148.90. These boundaries represent crucial support and resistance zones for traders to monitor, as movements outside of...
A Morning Star candlestick pattern is a bullish reversal pattern that typically appears at the bottom of a downtrend, signaling a potential shift from bearish to bullish momentum. This pattern is made up of three candlesticks and is commonly used by...
De-dollarization, BRIC countries destroying the USD and many other theories… All or some of these may be true, but it absolutely does not mean that they have to result in any specific market movements NOW or in the near future. On the contrary,...
Good Night and Welcome to Today’s Live Trading Discussion The USD index closed with a bullish trend yesterday, climbing from the 101.77 level to the 102.65 level. However, the USD index appears unstable at the moment as it struggles to maintain...