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EUR/USD. Stubborn 4th figure: Bulls have reached the limit of their capabilities
Bulls on the EUR/USD pair are desperately trying to rise above the 1.0400 level: they repeatedly tried to attack the 4th figure in November, but failed each time. Traders fail...
Bitcoin: why HODLers shuffle coins
While the cryptocurrency market is trying to recover following the collapse of FTX, on-chain data seems to suggest that long-held Bitcoin (BTC) has started to see some activity. We'll look...
Review of USD, CAD and JPY: US data and Fed minutes will determine further movement in markets
Although markets are sluggish ahead of the upcoming holiday and long weekend in the US, stock indices are rising, while Treasury yields and dollar are falling. This is mainly...
Wave analysis on USDJPY for November 24th, 2022.
USDJPY is trading around 138.37 close to making new lower lows. Price has been making lower lows and lower highs over the last few weeks. Our 140 pull back target...
Trading plan for EURUSD on November 22, 2022
EURUSD dropped through the 1.0222 lows on Monday before finding bids again. The single currency pair managed to pull back and is seen to be trading at about 1.0250...
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Bitcoin: Crypto community continues to look for signs of bottom
The cryptocurrency market has historically been cyclical. Cycles were formed around Bitcoin halving. Halving occurs every time 210,000 blocks are mined. It happens about every four years. The most recent...
Oil ended the week in the red, and the EU countries are in disagreement
Even though this week ended in the red, oil prices rose steadily during Friday trading. The market is still being affected by traders' concerns about China's potential oil demand...
Metals Focus forecasts for 2023
Although gold and silver showed strong gains in November, they are still likely to face challenges in 2023 as US monetary policy is expected to remain extremely tight. Metals Focus...
Trading Signal for Gold (XAU/USD) on November 25-28, 2022: sell below $1,759 (200 EMA - overbought)
Gold failed to break sharply through the downtrend channel and the 200 EMA located at 1,759. Since then, it has been showing signs of exhaustion and it is likely...
Trading Signal for Gold (XAU/USD) on November 22-23, 2022: sell below $1,751 (21 SMA - key level)
Early in the American session, Gold (XAU/USD) is trading around 1,741 below the 21 SMA located at 1,751.64 and below the downtrend channel which has been in progress since November...