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BTC/USD Signal: Bitcoin’s Bullish Trend To Continue As FOMO Continues
Bitcoin's bullish trend set to continue, fueled by FOMO, as price hits $50,000. Investors eye ETFs, with technical analysis indicating a potential rise to $52,500 and strong market sentiment.
EUR/USD Analysis: Warning Of Oversold Levels
Warning of potential oversold conditions as pair hits 1.0722. Bearish trend persists amid US dollar strength and robust economic data, with focus on psychological support and resistance levels.
Forex Today: US Stock Markets Reach New Records
Markets are dominated by rising US stock markets breaking to new all-time highs, with all three major indices reaching new record prices Friday.
AUD/USD Signal: Forecast Ahead Of US CPI And Australia Jobs Report
AUD/USD pairs show potential for bullish movement, targeting key resistances, with technical analysis indicating a slight upward momentum.
BTC/USD Signal: Bitcoin Price Uptrend Is Intact As FOMO Sets In
Bitcoin's uptrend remains robust with growing FOMO, pushing towards $50,000. BTC/USD shows bullish signs amid strong ETF demand and positive technical indicators, suggesting continued growth.
Weekly Forex Forecast - Sunday, Feb. 11
Last week saw chances of a US rate hike at the next Fed meeting continuing to decline, boosting the US dollar. However, the major US stock indices also advanced once again to reach new record highs.
WTI Crude Oil Weekly Forecast: Prices Edged Higher Going Into Last Weekend
WTI Crude Oil finished its trading last week near highs while sustaining values above the 76.000 USD level rather comfortably.
EUR/USD Weekly Forecast: Choppy Results As Angst And Trading Questions Grow
The EUR/USD finished the week near its highs, which might have confused some traders who have found the choppy lower results in the currency pair tough to decipher.
XAU/USD Gold Price Analysis: Gold Recovers Despite Strong Dollar
Recovery towards $2,044 amidst strong USD, geopolitical tensions. Resistance at $2,055-$2,070, support at $2,000-$1,985. Market eyes US Fed policy and Treasury yields impact. Gold's trend influenced by risk sentiment.
GBP/USD Analysis: Sterling Shows Resilience
Sterling recovers to 1.2642, showing strength against USD. Key support at 1.2518, potential resistance at 1.2775. Market dynamics influenced by UK bond yields and Bank of England's gradual rate cut approach.
BTC/USD Signal: Bitcoin Prepares A Bullish Breakout
Bitcoin eyes bullish breakout to 45,000 amid ETF inflows and risk-on sentiment. Bearish view: sell-stop at 43,000, target 42,000. Fed's rate stance and upcoming halving event key influencers. Watch 43,720 resistance.
XAU/USD Gold Price Analysis: Prices Recover Despite Strong Dollar
XAU/USD rebounds to $2,033 amidst a robust USD. Strong support at $2,000, with geopolitical tensions and central bank actions as key drivers. Watch for resistance at $2,055 and $2,070 in fluctuating markets.
USD/JPY Analysis: Bulls In Control, Waiting For Catalyst
Market influenced by US resilience to rate hikes and diverging central bank policies between the Fed and BoJ.
Cocoa Analysis: Record Highs And Volatility Flavors In The Commodity
Yesterday’s push higher in Cocoa added to its record breaking prices, as upwards velocity in the commodity continues to create speculative profits and potential dangers for traders.
EUR/USD Analysis: Bearish Performance Continues
Euro remains bearish, hovering below 1.0800. Potential decline to 1.0710, with key resistance at 1.1000. Analysts predict Euro to underperform in 2024, influenced by Fed and ECB policies, market risks.
AUD/USD Signal: Aussie Stalls But Bearish Trend Still Intact
The AUD/USD exchange rate was flat after the Reserve Bank of Australia published its first interest rate decision of the year.
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