It's essential for traders to remain vigilant during this period of consolidation. The upcoming economic announcements could serve as catalysts for price movements, potentially breaking the current flat trend. This need for vigilance will keep...
The Bitcoin market has seen a significant recovery over the last trading week, with prices now approaching the $70,000 mark as a key target. There is potential for a short-term downside, but in the long-term, Bitcoin appears to be forming a bullish...
Geopolitical Unrest Abates, Eliminating Premium Prices The lowering of geopolitical tensions in the Middle East was another reason for the drop in oil prices. According to reports, Israel might decide not to attack Iran's oil infrastructure, which...
Technical Analysis of EUR/USD The Euro continued its modest decline last week, falling to 1.0926. However, a serious barrier has emerged at this level, preventing further declines and making it fluctuate around this level. It does not allow reaching...
In Elliott Wave Theory, retracement waves are corrective waves that move against the main market trend. Elliott Wave Theory, developed by Ralph Nelson Elliott, proposes that market prices move in predictable, repeating patterns (waves) based on...