Analysis

Basic overviewThe US dollar has weakened across the board recently due to a more dovish than expected FOMC decision last week as the Fed decided to signal a further tapering of the QT period starting in June and Fed Chairman Powell…

The US dollar weakened across the board last week due to a more pessimistic-than-expected FOMC decision, as the Fed decided to signal a further tapering of the QT period starting in June, and Fed Chair Powell also repeatedly backtracked on…

Photo by mykhailo_kolisnyk on Pixabay KuCoin, one of the world’s largest cryptocurrency exchanges, has recently announced a significant update that will impact its Indian user base. Starting from April 10, 2024, KuCoin will implement a 1%…

Buyers are unable to stop the downtrend, and sellers are taking advantage. The price has been down considerably in the past seven days, and it’s interesting to see if the upcoming support level will hold. Key support: $164…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

Hey traders, it's time for another round of Apple stock technical analysis. As one of the world's most valuable companies, understanding Apple's (AAPL) stock trajectory is super important for investors. Let's look at the chart I've included…

US NONFARM PAYROLLS – USD/JPY, GOLDThe U.S. dollar and gold prices will be very sensitive to the upcoming U.S. jobs reportMarket expectations suggest the U.S. economy created 200,000 payrolls in MarchStrong job growth should be positive for…

Bitcoin’s second quarter started on a turbulent note, with the options market once again serving as a harbinger of sharp movements, notably in the downside skew of risk reversals. Bitcoin briefly plummeted to $65,500 from…

USDThe Fed left interest rates unchanged as expected with basically no change to the statement. The Dot Plot still showed three rate cuts for 2024 and the economic projections were upgraded with growth and inflation higher and the…

There has been a decline in Bitcoin that few predicted. An expert trader at Binance clarifies this tendency, arguing that it has to do with how the market behaves. As the price of bitcoin rises, a lot of traders start to shift from…