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…
Gold prices eased on Wednesday after reaching a one-week high in the previous session amid safe-haven inflows. Investors rushed to the safe-haven yellow metal due to fears of an escalation in the Russia-Ukraine war. Gold (Source: Bloomberg) On Tuesday, Russian President Vladimir Putin said the country had updated its nuclear threshold following Ukraine’s recent attack. 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…
Equities were set for a red day on Tuesday as risk appetite plunged amid worries of an escalation in the Russia-Ukraine war. Meanwhile, stocks ended high in the previous session due to optimism ahead of Nvidia’s earnings report. Russian President Vladimir Putin surprised markets on Tuesday by announcing a lower threshold for using nuclear power Read More…
Currency futures held steady on Monday as the dollar traded near a one-year high. Most currencies ended last week down, as the dollar gained over 1.6% on the Trump trade. Meanwhile, mixed US data had little impact on market sentiment. Currency futures had a rough week as markets continued to price the impacts of Trump’s Read More…
