Trading Analysis for BTCUSD
04/11/2024

Bitcoin has maintained bullish momentum in recent weeks, fueled by heightened interest ahead of the U.S. presidential election. The market’s focus remains divided as both candidates present contrasting stances on cryptocurrency regulation. Donald Trump’s pro-crypto platform promises a favorable environment for digital assets, suggesting policies like establishing a national Bitcoin reserve, which could stimulate market confidence.

Trading Analysis for EURUSD
04/11/2024

EUR/USD has been gaining traction, bolstered by weaker U.S. economic data that has tempered the dollar’s strength. The recent U.S. Non-Farm Payroll report showed a disappointing addition of only 12,000 jobs, significantly below expectations.

Trading Analysis for XAUUSD
04/11/2024

Gold (XAU/USD) has shown resilience, with prices firming up around the $2,700 mark amid global economic and political uncertainties. The upcoming U.S. presidential election and Federal Reserve interest rate decision are major events influencing investor sentiment, leading to continued safe-haven demand for gold.