Trading Analysis for EURUSD
02/12/2024

Over the past week, the EUR/USD pair has experienced a downward trajectory, influenced by a combination of economic indicators and market sentiment. The euro has faced selling pressure, particularly as it approached the 1.0500 level, a critical psychological threshold. This decline is attributed to the euro’s struggle to maintain gains amid a strengthening U.S. dollar.

Trading Analysis for BTCUSD
02/12/2024

Bitcoin has held above $95,000, displaying resilience despite minor profit-taking that has slowed its march toward the $100,000 milestone. November closed with the highest monthly ETF inflows since the U.S. BTC-spot ETF market’s launch, totaling $6.68 billion, underscoring strong institutional demand. BlackRock’s ETF accounted for $5.33 billion of this figure, significantly impacting the supply-demand balance and boosting market optimism.

Trading Analysis for BTCUSD
25/11/2024

Bitcoin’s momentum has been unparalleled, with its price nearing the psychological $100,000 milestone, reaching an all-time high of $99,800 before a slight pullback. This rally has been fueled by key political developments, particularly the formation of a “Crypto Advisory Council” under President-elect Donald Trump, aimed at establishing regulatory clarity and a potential Strategic Bitcoin Reserve.

Trading Analysis for EURUSD
25/11/2024

Over the past week, the EUR/USD currency pair has exhibited a bearish trend, influenced by a combination of economic data releases and market sentiment. The euro faced downward pressure following the release of Germany’s Ifo Business Climate Index for November, which declined to 85.7, falling short of the anticipated 86.0.

Trading Analysis for XAUUSD
25/11/2024

Gold’s rebound has been amplified by a convergence of safe-haven flows and shifting rate expectations. The market currently assigns a 53% probability to a Fed rate cut in December, keeping the metal attractive as an alternative to yield-bearing assets.

Trading Analysis for BTCUSD
11/11/2024

Bitcoin surged to a new all-time high of $80,000, driven by Donald Trump’s recent U.S. presidential victory and the Federal Reserve’s decision to cut interest rates by 25 basis points. Trump’s victory has been particularly significant for the crypto market, as his administration has expressed a more favorable stance toward digital assets, with proposed policies hinting at regulatory flexibility.

Trading Analysis for XAUUSD
11/11/2024

Gold (XAU/USD) has experienced a period of consolidation around $2,672 after rebounding from lower support levels. The recent U.S. presidential election and fluctuating Treasury yields have heightened volatility in the market, affecting safe-haven assets like gold.

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