The buyers and sellers are in constant conflict with one another.
EURUSD is approaching an important area of potential resistance. This area includes the 50% Fibonacci level as well as a previous swing high. A break above this area could lead to further gains in the currency pair.
In an era heavily reliant on instant communication, the recent WhatsApp server outage has sent shockwaves through the global online community. As users experienced connectivity disruptions, concerns grew and Twitter became ablaze with a deluge of tweets, amassing a staggering 25,300 posts in just one second. This unexpected event has prompted a worldwide discussion on…
Bitcoin’s(btc) recent performance is an indication that there is currently a weak appetite for risk. This could be due to a variety of factors, such as economic uncertainty or political instability. Whatever the reason, it’s important to keep an eye on Bitcoin and other cryptocurrencies as their prices may be more volatile than usual. In…
EUR/USD is having difficulty climbing beyond the 1.0100 mark. The EURUSD pair is starting off the new week on a positive note, but is having trouble maintaining momentum and climbing beyond the 1.0100 mark. Prices have remained steady near the 1.0115 area, which is a three-week high that was reached last Friday. The downside doesn’t…
Gold price (XAU/USD) has delivered a downside break of the consolidation formed in a narrow range of $1,720.89-1,723.08 in the Asian session. The precious metal is declining after printing a fresh two-week high around $1,735.00 on Monday. The gold prices are witnessing the heat amid lower consensus for US inflation. Investors should be aware of the fact…
Stock market is facing a tumultuous ride as investors grapple with fears that the Federal Reserve’s tightening of monetary policy may lead the economy into a recession. Major indices, such as the Nasdaq Composite and the S&P 500, have experienced significant declines, with the former down 4% at its session low and the latter off…
The crypto market is seeing a lot of growth and it looks like retail investors are looking to “buy when there is blood on the streets”. This is a good strategy for investors to follow when looking to invest in a market that is seeing a lot of growth. Bitcoin’s price increased on Monday, reaching…
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