Introduction A trader on TradingView has shown us an interesting long-term analysis for Bitcoin, targetting a peak between $113,000 and $120,000 USD. This pump is due to Donald Trump’s pro-crypto policies and a favorable regulatory outlook. Bitcoin has doubled in value this year and surged 40% since the U.S. election, as investors get bullish on Read More…
Chart OverviewThe Euro is under significant pressure as the U.S. Dollar strengthens on the back of Donald Trump’s presidential victory. The heightened demand for the dollar has sent the Euro tumbling into a critical support zone at 1.06305. Can the Euro hold this support line, or if further declines are on the horizon. Let’s break Read More…
Chart OverviewThe U.S. Dollar Index (DXY) has staged a tremendous rally following Donald Trump’s presidential victory, fueled by expectations of pro-growth policies and a potential hawkish stance from the Federal Reserve. After a sharp climb of 6.89%, the dollar has reached a critical resistance zone near 106.13-108, leaving traders to wonder: is the dollar too Read More…
Crude Oil Futures Introduction Crude oil futures are showing some bullish support after testing the $68 level again. This level is proving to be a fortress for bulls, requiring significant selling pressure to break lower. At the moment CL looks bullish and there are a few things that we can look at to reinforce this. Read More…
Chart OverviewThe U.S. Dollar Index (DXY) has seen a significant rally on the back of Donald Trump’s return to the presidency, as market sentiment anticipates potentially stronger economic policies and interest rate hikes. This has positioned the dollar for further gains, pushing it past a critical resistance zone and igniting speculation about new all-time highs Read More…
Introduction Investors are viewing Trump’s return as very bullish for pro-business policies, fueling the recent rally that we see. It is difficult now to think of something that could send the market lower if the ongoing geopolitical conflicts wouldn’t do it. At the moment, the S&P 500 is up 4% since the election and what Read More…
