In my analysis of the current market situation for Bitcoin, I observe that the downward trend continues to dominate. I previously predicted a decline to the round price mark of 80,000, followed by a drop to 78,000, and this forecast has nearly...
Gold prices experienced a downturn during the North American trading session on Wednesday, primarily triggered by the release of the Federal Reserve's latest monetary policy meeting minutes. The minutes revealed that all policymakers unanimously...
Technical Analysis of GBP/USDaily and Hourly Timeframes Daily Timeframe Overview Upon analyzing the GBP/USD pair on the daily timeframe, we observe that after a rebound from the local minimum of 1.2100, the British pound experienced a significant...
The candlestick pattern observed can indeed be interpreted as a star formation, which is often seen as a potential signal for a reversal or a continuation of a trend. While it’s important to note that this specific star pattern appeared in a...
The euro continued its notable ascent against the US dollar, achieving a year-to-date high around the 1.0550 mark, primarily propelled by the persistent weakening of the greenback. This upward trajectory was set against a backdrop of significant...