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Bitcoin Rally Approaching Key Level The rally in Bitcoin continues to gather pace today with the leading crypto coin now back up to levels not seen since November 2021. BTC futures have now risen more than 40% off the YTD lows as demand soars in the wake of the SEC approving spot-Bitcoin ETFs. The approvals […]

#US500 #USTECH #US30 Action Areas For The Week Ahead To access today’s actionable analysis for the SP500, Nasdaq & DowJones Click Here! Disclaimer: The material provided is for informational purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author and not […]

XAUUSD, “Gold vs US Dollar” Gold is rebounding from the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 2027 is expected, followed by a rise to 2065. An additional signal confirming the rise might be a rebound from the […]

USDJPY, “US Dollar vs Japanese Yen” USDJPY quotes remain in the overbought area on H4. The RSI is approaching the resistance line. In this situation, a test of +1/8 (150.78) is expected, followed by a rebound from this level and a price decline to the support at 7/8 (149.21). The scenario could be cancelled by […]

Weaker USD Helping Stocks US stock markets remain well-bid into the middle of the week as USD stays muted on the back of a set of weaker-than-forecast data yesterday. Following on from the weak January retail sales data we saw the prior week, durable goods yesterday came in well below forecasts. The headline monthly figure […]

TitlePotential Bullish Bounce off 61.8% Fibonacci Support TypeBullish Bounce Preference:Price could fall towards the pivot point of 190.732 which is an overlap support that aligns with the 61.8% Fibonacci retracement level and potentially reverse from here; we could see momentum carry price up to its 1st resistance at 191.297 which is a pullback resistance that […]