September 2024 Holiday’s Market Hours
Changes in trading hours for certain markets due to US Labor Day & Chinese Mid Autumn Festival
How the U.S. Unemployment Data on September 6, 2024, Could Impact Forex Market Prices
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 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.
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.
Crypto Demo Server Maintenance – August 24th 2024
Crypto Demo Server maintenance on the 24th of August. See what’s affected.
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.
