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The BTC has risen to 17,197 USD. Weekly increase is assessed at 3.33%. For now, the technical picture is mostly positive. Firstly, after the week closed above 17,000 USD, the daily chart formed a Bullish Engulfing pattern, which gives a chance to buyers. Secondly, the crypto market restored its correlation with the US indices, and […]

EURUSD, “Euro vs US Dollar” The currency pair completed a wave of decline to 1.0482. Today the market has completed an impulse of growth to 1.0635. A consolidation range has formed around this level at some point. With an escape upwards, a pathway to 1.0768 will practically open. After this level is reached, the pair […]

How to Develop a Trading Mindset What does a successful trader require? Does Being a Successful Trader Really Exist? What are the best strategies for stock market trading success? Well, a lot of traders, both seasoned and new players, frequently find themselves posing these queries to others or to themselves! If you’re one of them, […]

Type: Bearish Drop Key Levels:Resistance:1535.00Pivot:1492.25Support:1457.75 Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bearish due to the current price being under the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 1457.75, where the 61.8% Fibonacci line is. Alternative […]

EZ CPI Cools Again The latest eurozone inflation data seen today has fuelled hopes that the inflationary spiral which ballooned last year, is now passing. Eurozone CPI was seen cooling to 9.2% last month, down from 10.1% the prior month, falling below the 9.6% result the market was looking for on the headline reading. While […]

USD On The Rise It’s been a good start to the year for the US Dollar which rallied through the week, driven by the hawkish December FOMC minutes and a bumper ADP employment print. Focus now shifts to the headline event and the first US labour reports of the year. A buoyant Dollar on the […]