Tag: Trend
Bitcoin Price Prediction: Trump Advises HODL as Cryptocurrency Soars
Bitcoin has been making headlines recently, with the latest news coming from former US President Donald Trump. In a surprising turn of events, Trump has expressed his admiration for the achievements of the Bitcoin...
EUR/USD Consolidates Ahead of US Core PCE Inflation Data
EUR/USD is currently in a consolidation phase as investors await the release of the US core PCE Price Index for June. The annual US core PCE inflation is expected to have slowed down to...
USDJPY Hits Lowest Level Since May 16 | ForexLive Trading Update
The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the price to drop below the 50% mark of the upward...
Japan Flash PMIs July 2021: Manufacturing 49.2, Services 53.9 – Forexlive
Foreign exchange trading is a risky business that may not be suitable for everyone. It's important to be aware of the risks involved, especially with leverage, which can increase your exposure to losses. Before...
AUDUSD Forecast: Pair Rebounds from Key Support | Forexlive
The US Dollar continues to face pressure as recent data shows strong growth alongside decreasing inflation. A positive US Retail Sales report indicates that consumer spending may not be as weak as previously thought,...
XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area
The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63 with certain target prices and stop-loss levels is recommended. On...
GBP/USD Weekly Analysis: Bearish Turnaround Deepens
The GBP/USD pair saw a significant decline last week as the Cable hit fresh lows on Friday. This bearish trend was driven by upbeat US Purchasing Managers Index (PMI) data, which boosted the US...
Gold Price Drops $40 After Short-Lived Rally
Gold prices took a hit today, dropping by $40 after a brief rally that had investors hopeful. The drop has reignited concerns about the chart pattern that has been forming in the gold market.Over...
Understanding the Reasons Behind the Doubling of Oil Prices
Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse that occurred in 2016 led to OPEC devising a plan...











