Trading Analysis for BTCUSD
21/10/2024

Bitcoin has shown resilience as ETF inflows continue to support upward price momentum. In the past week, ETF inflows surged, reflecting strong institutional demand, especially as broader markets rally. Notably, Tesla’s recent movement of $760 million worth of BTC into new wallets did not cause any significant market disruption, further emphasizing the steady demand for Bitcoin.

Trading Analysis for XAUUSD
21/10/2024

Gold (XAU/USD) has hit new highs, surpassing $2,700, driven by escalating geopolitical tensions in the Middle East and rising inflation expectations. Safe-haven demand has surged as investors seek refuge amid growing uncertainty.

Trading Analysis for EURUSD
21/10/2024

The EUR/USD pair has recently faced increased volatility as the U.S. dollar strengthens, driven by both geopolitical factors and economic uncertainties. As the U.S. election approaches, the dollar has seen a safe-haven demand, while the Euro struggles with weaker economic data from the Eurozone.