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.
Trading Analysis for BTCUSD
26/08/2024
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 EURUSD
26/08/2024
The EUR/USD pair continued its upward momentum over the past week, reaching new yearly highs near the 1.1200 mark. This movement has been largely influenced by growing market expectations that the Federal Reserve (Fed) is poised to implement a rate cut in September, a sentiment reinforced by recent remarks from Fed Chair Jerome Powell.
Trading Analysis for XAUUSD
26/08/2024
Over the past week, the gold market has experienced a combination of upward momentum and periods of consolidation. The price of gold (XAU/USD) has consistently traded above the $2,500 mark, buoyed by a range of factors including geopolitical tensions and shifting expectations surrounding U.S. monetary policy.
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.
Trading Analysis for XAUUSD
12/08/2024
Gold prices have seen fluctuations around the $2,400 level as traders brace for a week filled with key economic data and ongoing geopolitical tensions. The gold market has been influenced by a combination of factors, including expectations for the upcoming US Consumer Price Index (CPI) data and developments in the Middle East.
Trading Analysis for EURUSD
12/08/2024
The EUR/USD pair ended the previous week slightly above the 1.0900 mark, reflecting a week of cautious trading amidst mixed economic signals. Investors have been on edge due to central banks’ monetary policy decisions, particularly those of the Federal Reserve (Fed) and the European Central Bank (ECB).
Trading Analysis for BTCUSD
12/08/2024
Bitcoin (BTC) has experienced a turbulent week, marked by a significant sell-off that saw the price drop to a low of $49,440 before partially recovering to around $58,298.61 by week’s end. This decline has been attributed to a combination of factors, including fears of an impending recession, geopolitical tensions, and the unwinding of the Japanese yen carry trade.