Technical Analysis

As of today, Bitcoin (BTC) has fallen beneath its previous low of December 30, 2024, trading around the $91,800 mark. This decrease signifies a troubling milestone for the cryptocurrency as it enters 2025, sparking bearish sentiment among traders and investors alike. This downward movement can be linked to various factors, including regulatory pressures and market
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The USD/JPY currency pair has entered a critical phase of consolidation, holding close to the 158.00 mark, levels reminiscent of mid-2024. Despite a notable easing from its earlier surging trends observed throughout the year, various underlying factors suggest that potential for growth in the pair’s value remains. Stronger sentiments surrounding the US dollar are contrasted
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Elliott Wave Theory provides traders and analysts with a unique lens through which to evaluate price movements in financial markets, notably in commodities such as gold (XAUUSD). This analytical method hinges on the notion that market trends unfold in repetitive patterns, characterized by phases of bullish and bearish sentiment. Recent observations of the GOLD charts
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As the financial landscape continues to evolve, the movements of major currency pairs provide crucial insights into global economic health. Recently, both the EUR/USD and USD/JPY currency pairs have exhibited significant volatility, reflecting broader trends in market sentiment. This article will delve into the current performance metrics of these pairs, exploring the technical analysis and
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The USDCAD currency pair is currently experiencing a notable consolidation phase, remaining within a defined range of 1.4350 to 1.4400. This stability comes in the wake of a brief surge to 1.4465 at the onset of 2025, which indicates an initial bullish momentum. However, technical indicators suggest a potential cooling off of this bullish sentiment.
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The currency market is currently witnessing significant movements, particularly in the USD/JPY pair, which has recently experienced a notable rally, crossing the 154.50 resistance threshold. This behavior is not just a trivial fluctuation but suggests a broader bullish sentiment that has the potential to redefine short-term trading strategies. As observed, the pairing has successfully settled
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