Trading Analysis for BTCUSD
02/09/2024

The BTC/USD pair has experienced significant fluctuations in recent weeks, hovering around the $57,000 level, which has acted as a crucial support. As the market grapples with mixed signals, Bitcoin has found itself in a tight range, struggling to break out decisively. The recent outflows from U.S. spot Bitcoin ETFs, totaling over $103 million, suggest that some investors are taking a more cautious approach, potentially anticipating further declines.

Trading Analysis for XAUUSD
02/09/2024

In the past week, the gold market has remained relatively stable, with prices holding firm around the $2,500 mark. This level has acted as a crucial psychological and technical barrier, as traders weigh the ongoing uncertainty in global markets against the relative safety of gold as a haven asset.

Trading Analysis for EURUSD
02/09/2024

The EUR/USD pair has experienced notable volatility over the past week, primarily driven by a strengthening U.S. Dollar. The Dollar’s resurgence comes on the back of stronger-than-expected U.S. economic data, particularly in personal income figures, which exceeded market expectations.