
GBPUSD continues to find resistance at the 100 weekly SMA, where it has formed a bearish reversing chart pattern.
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Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 45 paise to hit a record low of 87.95 against the U.S. dollar in early trade on Monday (February 10, 2025) weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders
eth-usd Olumide Adesina•Monday, February 10, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> The cryptocurrency industry is still beset by regulatory uncertainty. Ethereum ETF options were anticipated to be a significant breakthrough, but the Securities
Silver holding up despite a strong US dollar and higher bond yields Trade tensions may support silver’s resilience Bullish signals from RSI and MACD favour bullish bias Summary Silver hung tough on Friday despite a stronger US dollar and higher US bond yields—an environment that historically would have challenged the precious metal. Nor did it
xrp-usd Skerdian Meta•Sunday, February 9, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> (%) MARKETS TREND The market trend factors in multiple indicators, including Simple Moving Average, Exponential Moving Average, Pivot Point, Bollinger Bands, Relative
Broker CRM solutions provider FXBO (formerly known as FX Back Office) has announced its integration with Brokeree’s Social Trading for cTrader. With this turnkey solution, brokers can launch copy trading services in a few hours, after which all cTrader brokers can simultaneously access two flagship technologies: a copy trading platform and comprehensive client data monitoring
Arslan Butt•Sunday, February 9, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> Bitcoin traders brace for volatility as key US inflation data and Fed policy updates take center stage this week. The US Consumer Price
Arslan Butt•Sunday, February 9, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> Gold (XAU/USD) closed at $2,861 as the precious metal continues its steady ascent within a well-defined ascending channel. Investors remain cautious ahead of
Arslan Butt•Sunday, February 9, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> XRP is currently trading at $2.42, down 0.88% in the last 24 hours, struggling to hold key support levels as bearish pressure intensifies.
It was a wild, wild week in the online trading industry, beginning with the Trump Tariffs affecting the capital and FX markets and continuing with the sale of one of the oldest names in Retail FX, as well as the departure of a number of C-Suite level executives from long-held positions at various companies. Who
Created on February 09, 2025 In the wake of a .25 interest rate cut from the Bank of England this past Thursday, the GBP went into the weekend near the 1.23905 ratio. The GBP/USD did accomplish a move higher when the whole week of trading is considered. A low of nearly 1.22470 was seen early
meta Skerdian Meta•Friday, February 7, 2025•2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> This week Facebook seems to be the only winner, as the Meta stock finished with decent gains, while major indices ended lower.
Tornado Cash Olumide Adesina•Saturday, February 8, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> (%) MARKETS TREND The market trend factors in multiple indicators, including Simple Moving Average, Exponential Moving Average, Pivot Point, Bollinger Bands,
btc-usd Olumide Adesina•Saturday, February 8, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> President Donald Trump’s threat to impose reciprocal tariffs on numerous nations next week dealt a blow to Bitcoin causing the price to
EUR/CHF’s stabilized after steep decline to 0.9359 last week and turned into sideway trading. Initial bias stays neutral this week first. While another recovery cannot be ruled out, risk will stay on the downside as long as 0.9516 resistance holds. Firm break of 0.9336 support will solidify the case that corrective rebound from 0.9204 has
Despite all the volatility last week, USD/CHF is still bounded in range trading below 0.9200. Initial bias stays neutral this week first. Further rally is expected with 0.8956 resistance turned support intact. Firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of 0.8964 will complete
USD/JPY’s fall from 158.86 extended lower last week but lost momentum after hitting 38.2% retracement of 139.57 to 158.86 at 151.49. Initial bias stays neutral this week first. On the upside, firm break of 153.70 resistance will retain near term bullishness, and turn bas back to the upside for retesting 158.86. However, sustained trading below
Gemini Olumide Adesina•Saturday, February 8, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> (%) MARKETS TREND The market trend factors in multiple indicators, including Simple Moving Average, Exponential Moving Average, Pivot Point, Bollinger Bands, Relative
The dollar collapsed when a 25% tariff meant for Canada and Mexico failed to take off. The Bank of England lowered borrowing costs. Data on Friday showed a mixed picture of the US labor sector. The GBP/USD weekly forecast indicates a brief respite for the pound as Trump’s policies weaken the dollar. Ups and downs
xrp-usd Olumide Adesina•Saturday, February 8, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> (%) MARKETS TREND The market trend factors in multiple indicators, including Simple Moving Average, Exponential Moving Average, Pivot Point, Bollinger Bands, Relative
eth-usd Olumide Adesina•Saturday, February 8, 2025•1 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Share in Facebook “> (%) MARKETS TREND The market trend factors in multiple indicators, including Simple Moving Average, Exponential Moving Average, Pivot Point, Bollinger Bands, Relative