Trading Analysis for BTCUSD
19/08/2024
The BTC/USD pair has exhibited notable fluctuations over the past week, reflecting both market sentiment and external influences. Bitcoin began the week near the $58,737 level, moving within a corrective phase while displaying characteristics of the bullish “Wolf Wave” pattern.
Trading Analysis for XAUUSD
19/08/2024
The gold market has been marked by significant developments over the past week, driven by both technical patterns and geopolitical tensions. Gold prices have recently crossed the $2,500 mark, maintaining a bullish bias despite facing some resistance in sustaining momentum.
Trading Analysis for EURUSD
19/08/2024
The EUR/USD pair has shown significant resilience over the past week, trading near its year-to-date highs around 1.1050. This strength is largely attributed to a weakening US Dollar, driven by increasing market expectations of a potential rate cut by the Federal Reserve.