MARKET UPDATES
View our daily technical and market news articles to shield your trading knowledge.
Wise Technical Analysis Articles
With our daily technical analysis articles you can improve your day-to-day trading activity the most. Purely created articles from our team of experts.
Bitcoin is bullish against $40000 mark
Bitcoin is drifting sideways again as it tests support just below the $46000 mark. The crypto is seen to be trading around $46300 level at the time of writing as bulls prepare to be back in control.
Gold carves a potential bottom below $1800
Gold has rallied through $1815-16 levels after carving a potential bottom around $1798 mark on Tuesday. The yellow metal could still drop through $1780-85 zone before resuming higher again.
Gold prepares to take on $1812-30 zone near term
Gold prices dropped through $1773 lows on Thursday before finding support again. The drop from $1793 was in-line with price action of a gartley.
US dollar index is bearish against 97.00
The US dollar index might have carved a lower high around 96.50 mark on Tuesday. The index dropped through 95.80 levels on Wednesday before finding some support.
US dollar index targets 94.00-93.00 near term
EURUSD seems to be on the verge of breaking out of the triangle consolidation above 1.1383 mark. The single currency pair reached 1.1386 early on Monday before pulling back.
EURUSD resumes Wave 3 rally towards 1.1700
EURUSD dropped to 1.1225-30 zone on Tuesday before finding support. The drop was in-line with expectations and might have completed a lower degree corrective wave 2.
Weekly MARKET OUTLOOK
The future is in your hands. Learning is the path every trader has to go through toward achieving long-term success. Click the button below to subscribe and start receiving our Weekly Market Outlook.
