Bitcoin just crossed the $60,000 mark
Bitcoin recently surpassed the $50,000 mark, a price that hasn’t been seen since December 2021. This increase in price can be attributed, at least in part, to the launch of…
Important events on October 26: introductory fundamental analysis
Thursday is expected to be an eventful day in the financial markets, with several important reports and the European Central Bank (ECB) meeting taking place. Here is a summary of…
Forex and Cryptocurrency Fundamental Outlook for October 23, 2023, to October 27, 2023
EUR/USD: No Fed or ECB interest rate hikes in the near future? – The U.S. Dollar Index (DXY) has been trading sideways since the last days of September. – U.S.…
GBP/USD forecast for October 18, 2023
The British pound experienced a bearish close for the day, forming a black candlestick pattern. This pessimistic sentiment is attributed to the anticipation of the UK’s inflation data for September.…
Market Analysis USDJPY H4
Trading recommendations for the USD/JPY for October 17–18, 2023: sell below 149.51 (the symmetrical triangle that represents the 21 SMA). 1. Current Trading Conditions: Early in the European session, the…
Daily Market Analysis
USDJPY, Daily 1. Bullish Momentum: The analysis suggests that USD/JPY is displaying bullish momentum within an ascending channel. This indicates that the price of the currency pair is generally trending…
Weekly Market Analysis(Fundamental)
In terms of new data inputs, mainly US numbers and, more specifically, job data, it was a big week for investors. We hope to continue where we left off this…
EUR/USD forecast for October 10, 2023
1. On the weekly chart, a reversal occurred after 11 consecutive black candles, with the reversal happening on the 9th reversal candle according to the Sequential indicator. 2. On the…
GBP/USD forecast for October 10, 2023
Summary: 1. The British pound successfully closed the gap from the start of the weekly session and continued to rise. 2. The price is attempting to break above Friday’s high,…