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Market Analysis (Page 2)

2024-10-21
Bitcoin: BTCUSD faces upside challenges amid overbought RSI, eyes on $70,100

On Monday morning, Bitcoin (BTCUSD) experienced slight losses after reaching a three-month high.

2024-10-18
Gold renews all-time high within bullish channel, $2,750 in the spotlight

Gold prices soared to a record $2,710, marking four days of gains as investors flock to safety.

2024-10-17
USDJPY: Bulls run out of steam ahead of US Retail Sales, focus on 150.00

USDJPY is stuck in a tight weekly trading range near the 200-day Exponential Moving Average (EMA), hovering between 149.30 and 150.00.

2024-10-16
EURUSD: 200-SMA, oversold RSI test bears ahead of ECB, US Retail Sales

Early Wednesday, EURUSD sees the first daily gains in more than a week, after hitting its lowest point in 10 weeks.

2024-10-15
GBPUSD: Testing key support as Cable traders anticipate major UK data

GBPUSD pokes a three-month support region as pressure builds ahead of the UK employment and inflation data.

2024-10-14
Bitcoin: BTCUSD surpasses 200-SMA barrier on a quiet day, focus on $65,450

Bitcoin (BTCUSD) rises to a five-week high, crossing the 200-day Simple Moving Average (SMA) during a slow trading session on Monday.

2024-10-11
Gold: Bulls seek $2,647 breakout and US data validation

Gold prices continue to recover after the US inflation data, despite staying within a two-week bearish trend.

2024-10-10
EURUSD: Bears focus on 1.0800 and US Inflation clues

EURUSD licks its wounds at the lowest level in eight weeks as traders await September's US Consumer Price Index (CPI) data.

2024-10-09
GBPUSD: Bears attack 50-SMA, key horizontal support ahead of Fed Minutes

GBPUSD struggles to hold onto early gains after bouncing off a three-month support level.

2024-10-08
USDJPY: Sellers should pay attention to 146.40, Fed Minutes and US inflation

Early Tuesday, USDJPY remains weak after retreating from a seven-week high.

2024-10-07
Bitcoin: BTCUSD extends recovery from 200-SMA to pare weekly losses

Bitcoin (BTCUSD) rises to a week’s high, continuing its rebound from the 200-SMA.

2024-10-04
Gold: “Bullish Pennant” keeps XAUUSD buyers optimistic on US NFP Day

Gold prices are starting to rise, reducing weekly losses on the first positive day in three.