Bitcoin had a small gain earlier in the week, suggesting it is consolidating as the market tries to stabilize. Recently, Bitcoin bounced back from the $60,000 milestone, an important psychological and technical mark that attracts a lot of attention...
According to my technical analysis, GBP/USD will maintain a bullish trend, but the 1.2678 level is a strong resistance. The bullish trend will continue if the market successfully breaks through this resistance. Alternatively, the pair might break...
On the hourly chart of USD/CAD, the pair is currently moving in a bearish trend. The price is heading towards the intermediate trend line, nearing the support level of 1.3736. This movement suggests a potential selling opportunity from the 1.3640...
Yesterday, after a minor dip, the EUR/JPY price reversed course and resumed its upward trend. This led to a new bullish candle forming above the previous day's high. As mentioned earlier, I expect the currency pair to test the nearest resistance at...
Gold might stall its stellar rally this year The yellow metal is acknowledged to be overvalued. It would not be a sensation if analysts have to downgrade the outlook for gold soon. While gold is still trading at elevated levels, perhaps it makes...