Gold's price action has been consolidating in a broad range for over half a year now, which is a confirmation of the very strong range-trading conditions that prevail at present. Under those conditions, bulls and bears may implement the highly effective strategy of picking the underlying range's tops and bottoms. And given that the price action is currently drawing near one of the range's extremes, bears may [...]
Read full analysisThe most popular cryptocurrency in the world has been massively undervalued since late 2021 owing to a number of contributing factors. But upon closer examination, the price action appears to be establishing a massive Head and Shoulders pattern which, if realised, would entail the development of an even bigger downtrend in the long run. Nevertheless, this may also entail bulls with an opportunity to go long [...]
Read full analysisFollowing a prolonged consolidation within the boundaries of a narrow range, the price action of the EURUSD is finally attempting a major breakout. If proved successful, this could entail the beginning of a new massive uptrend. Both currencies are affected by soaring inflation, with consumer prices in the U.S. topping a four-decade peak and headline inflation in the Eurozone reaching an all-time high. [...]
Read full analysisThe rally of the Nasdaq reached a climax in late November, and ever since then, the price action of the index has been on the retreat. Currently, a minor bullish pullback appears to be developing, which would allow bears to utilise trend continuation trading strategies; chiefly, they would be able to sell the next peak in anticipation of continued price depreciation afterwards. [...]
Read full analysisThe price of Ethereum plummeted sharply earlier today following a sweeping selloff in the crypto market. Over the last couple of days, Bitcoin , the benchmark cryptocurrency, fell by over 6 per cent. There are multiple factors contributing to the selloff, with the most significant one being the temporary strengthening of the dollar. The greenback is currently advancing ahead of the release of the December [...]
Read full analysisEarlier today, the price of the commodity rallied on the latest tribulations in the global geopolitical sphere. The escalation of tensions in Kazakhstan unnerved markets, which were already worried by the prospects of a potential Russian invasion of Ukraine. This caused an upsurge in demand for energy, thereby causing oil to rise. Nevertheless, the price action is currently probing a major resistance level [...]
Read full analysisThe price action of Bitcoin, similarly to other prominent assets, has been consolidating around the Holidays owing to diminished trading activity. The cryptocurrency fell from the November peak and is currently threading just below the psychologically significant threshold at $50000.00. The majority of cryptocurrency enthusiasts expect the crypto flagship to resume appreciating shorty as trading activity [...]
Read full analysisThe price action of gold continues to be consolidating within a broad range, which has been developing over the last several weeks. Given these very strong ranging conditions, traders may implement contrarian trading strategies, aiming to pick tops and bottoms within the boundaries of the range. Market pressures remain subdued in those early days of the new year due to low overall trading activity. [...]
Read full analysisThe price action of EURUSD is currently establishing a bullish pullback within a broader downtrend, exhibiting a clearly discernible corrective behaviour. The underlying set-up thus entails the possibility of implementing contrarian trading strategies. Market liquidity remains quite subdued due to low trading activity, something that is not at all that surprising during the [...]
Read full analysisThe price of Ethereum is due for a bearish correction owing to a combination of contributing factors. Chiefly, the low market liquidity that is observed at the end of each year - the consequence of market seasonality - is owing to diminished trading activity. Historically, this tendency entails probable selloffs of higher-risk assets, such as Ethereum. [...]
Read full analysisGold's price action has been consolidating in a broad range for over half a year now, which is a confirmation of the very strong range-trading conditions that prevail at present. Under those conditions, bulls and bears may implement the highly effective strategy of picking the underlying range's tops and bottoms. And given that the price action is currently drawing near one of the range's extremes, bears may [...]
The most popular cryptocurrency in the world has been massively undervalued since late 2021 owing to a number of contributing factors. But upon closer examination, the price action appears to be establishing a massive Head and Shoulders pattern which, if realised, would entail the development of an even bigger downtrend in the long run. Nevertheless, this may also entail bulls with an opportunity to go long [...]
Following a prolonged consolidation within the boundaries of a narrow range, the price action of the EURUSD is finally attempting a major breakout. If proved successful, this could entail the beginning of a new massive uptrend. Both currencies are affected by soaring inflation, with consumer prices in the U.S. topping a four-decade peak and headline inflation in the Eurozone reaching an all-time high. [...]
The rally of the Nasdaq reached a climax in late November, and ever since then, the price action of the index has been on the retreat. Currently, a minor bullish pullback appears to be developing, which would allow bears to utilise trend continuation trading strategies; chiefly, they would be able to sell the next peak in anticipation of continued price depreciation afterwards. [...]
The price of Ethereum plummeted sharply earlier today following a sweeping selloff in the crypto market. Over the last couple of days, Bitcoin , the benchmark cryptocurrency, fell by over 6 per cent. There are multiple factors contributing to the selloff, with the most significant one being the temporary strengthening of the dollar. The greenback is currently advancing ahead of the release of the December [...]
Earlier today, the price of the commodity rallied on the latest tribulations in the global geopolitical sphere. The escalation of tensions in Kazakhstan unnerved markets, which were already worried by the prospects of a potential Russian invasion of Ukraine. This caused an upsurge in demand for energy, thereby causing oil to rise. Nevertheless, the price action is currently probing a major resistance level [...]
The price action of Bitcoin, similarly to other prominent assets, has been consolidating around the Holidays owing to diminished trading activity. The cryptocurrency fell from the November peak and is currently threading just below the psychologically significant threshold at $50000.00. The majority of cryptocurrency enthusiasts expect the crypto flagship to resume appreciating shorty as trading activity [...]
The price action of gold continues to be consolidating within a broad range, which has been developing over the last several weeks. Given these very strong ranging conditions, traders may implement contrarian trading strategies, aiming to pick tops and bottoms within the boundaries of the range. Market pressures remain subdued in those early days of the new year due to low overall trading activity. [...]
The price action of EURUSD is currently establishing a bullish pullback within a broader downtrend, exhibiting a clearly discernible corrective behaviour. The underlying set-up thus entails the possibility of implementing contrarian trading strategies. Market liquidity remains quite subdued due to low trading activity, something that is not at all that surprising during the [...]
The price of Ethereum is due for a bearish correction owing to a combination of contributing factors. Chiefly, the low market liquidity that is observed at the end of each year - the consequence of market seasonality - is owing to diminished trading activity. Historically, this tendency entails probable selloffs of higher-risk assets, such as Ethereum. [...]