Setup

Today, Bitcoin (BTC) briefly traded above $69,000, approaching its all-time high (ATH) value of $73,737 set earlier this year in March. Bitcoin’s “bullish setup” is reminiscent of the 2020 rally After months of sideways price…

Ethereum has largely shown sideways movement between $2,500 and $2,350 in the past seven days. This sideways movement has not yet led to a clear path for how cryptocurrencies will perform going forward, dampening the sentiment of many…

Do you remember the resistance area we identified a few days ago? Well, WTI has broken above the region! This time, we look at the possibility of a breakout and retest situation: West Texas Intermediate (USOIL) 4 hours Chart by…

Oppenheimer analysts see a more favorable setup for consumer staples stocks as the market anticipates a rate cut from the Federal Reserve. “Fed easing has historically been positive for consumer staples stocks, and the group has generally…

The native cryptocurrency's rally may lose momentum at key technical resistance levels! Do you think btcusd is about to enter a downtrend? We take our signals from the daily chart: Bitcoin (BTC/USD) Daily Chart by TradingView…

Cable is consolidating at a key support area ahead of potential catalysts this week. Will a bounce from the support zone help extend the GBP/USD uptrend? We are approaching the four-hour time frame for evidence:GBP/USD currency pair…

Can’t get enough of trading commodity-related currencies? We gotchu! NZD is having trouble extending its gains against CAD after a strong showing so far this week. Is NZD/CAD ready to extend its longer-term downtrend? Or are the bulls…

Most Read: Gold Price Outlook: Fed May Shake Up Markets. Pullback or Rally in Store?The Bank of Japan is set to wrap up its March monetary policy meeting on Tuesday (Japan time, still Monday in NY). After recent media leaks, the institution…

EUR/AUD just pulled back after making new 2024 highs! How low will the pair go before the bulls step back in?Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If you haven’t…

GOLD PRICE OUTLOOKThe U.S. nonfarm payrolls survey will steal the limelight on FridayA weak jobs report should be bullish for gold prices, while strong data should be negative for the precious metalThis article scrutinizes gold’s technical…