Technical Analysis

Bitcoin prices experienced a resurgence over the weekend, breaking above the $60,000 mark and overcoming several key technical barriers in the process. The recent inflow of $1.04 billion into Bitcoin Spot ETFs underscores the growing confidence among investors in the cryptocurrency market. This influx of capital suggests a potential short-term uptrend in Bitcoin’s price, signaling
0 Comments
The GBP/USD pair is showing signs of strength as it continues to climb above the 1.2900 resistance level. There is a notable bullish trend line forming with support around 1.2910 on the hourly chart. The British Pound managed to break above key levels, such as the 50-hour simple moving average and 1.2900, indicating a bullish
0 Comments
In recent days, the AUD/USD pair has seen a significant surge, reaching a six-month high of 0.6752. This upward movement is attributed to market expectations that the Reserve Bank of Australia (RBA) may break away from the global trend of lowering interest rates and instead raise them due to mounting inflation pressures. The discussion around
0 Comments