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Last week Bitcoin jumped quite a bit, forming the tower candlestick. This candlestick is strongly supported at the level of 16000. The price of Bitcoin also broke the weekly downtrend and got back to the supporting level of 16000. Next, Bitcoin has tested the broken trendline. The asset has been remaining in a very narrow […]

10 Essential Tools For New Forex Traders When starting to trade in the forex market, new forex traders need to be aware that there are many factors to consider. The process of learning about this market can be overwhelming, so it’s important to cover all the basics before beginning. One of the first steps is […]

Daily Market Outlook, January 16, 2023  Risk Appetite Remains Buoyant, As The Dollar Makes New Lows For 2023 Asian Equities once again took a positive impetus from the rally on Wall Street Friday, with the benchmark SP500 notching up a 0.4% gain confirming back to back positive weekly gains to kick off the new year. […]

Type: Bullish Rise Key Levels:Resistance:291.70Pivot:277.30Support:263.15 Preferred Case:Looking at the H4 chart, my overall bias for ZINC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 291.70, where the 50% Fibonacci line is. Alternative Scenario:Price […]

The market major sticks to the peaks of April. The current quote is 1.0860. The USD remains stressed by the market expectations of the upcoming end of the tight monetary policy of the Federal Reserve System as long as inflation in the country is slowing down. After the December report on the CPI was published, […]

On Monday, the leading crypto has grown to 21,150 USD. Growth over the week amounted to 22.64%, the main part of this happening over the last four days. Since the beginning of the year, the BTC has grown by more than 28.00% – and this has happened on a low-liquid market. Buyers went through all […]