Gold Technical Analysis Gold prices are in an uptrend, supported by the bullish market structure and trend. On the 30-minute chart, gold trades near the 50-day Simple Moving Average (SMA), indicating a potential support area of around $2,700. This...
Bitcoin defined as capital asset The crypto market is brimming with incredible ideas! This time, shareholders of Meta Platforms Inc. are making waves. They are urging the company to consider adding Bitcoin to its treasury. The fact is that the...
EUR/JPY Price Forecast ECB Governor Nagel commented a little earlier that the central bank should not rush rate cuts, echoing Holzmann’s remark earlier this week. Nagel said that inflation was still elevated and uncertainty was high. Eurozone CPI...
USD/JPY: Simple Trading Tips for Beginner Traders January 17 (US Session) Analysis and Trading Tips for the Japanese Yen The test of the 155.56 price level coincided with the MACD indicator just starting to rise from the zero mark, confirming the...
The Australian dollar weakened slightly on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong Chinese numbers support Aussie? Good news came out of China on Friday, highlighted by...