Monthly Archives: December, 2023

GBPJPY Postpones Anticipated Bullish Rally, Faces Bearish Pressures

The GBPJPY pair encountered notable downward pressure on the last trading day, leading to a breach below the 186.25 level. A double bottom pattern...

EURJPY Faces Significant Losses, Enters Bearish Territory

The EURJPY pair has succumbed to a pronounced bearish bias, recently dipping below the 61.8% Fibonacci correction level at 160.20. This decisive move confirms...

Dogecoin (DOGE) Faces Resistance with Potential Double Top Formation

Dogecoin (DOGE) is currently encountering a critical resistance level, raising concerns among traders as a potential double top formation emerges. This bearish reversal pattern,...

Bitcoin Surges Past $40,000 on Dovish Fed Bets and ETF Speculation

Bitcoin reached a milestone on Monday, surpassing $40,000 against the US dollar for the first time in 2023. The surge was fueled by growing...

Ethereum (ETH) Price Surges, Eyeing New High Amid Bullish Trends

Ethereum (ETH) is currently experiencing a bullish surge, capturing the attention of the cryptocurrency community. As a significant player in the altcoin market, Ethereum's...

S&P/ASX 200 Reaches New 1-Month High, Closing Up 0.73%

Australian stocks demonstrated positive momentum on Monday, with the S&P/ASX 200 closing higher, driven by notable gains in the Gold, IT, and A-REITs (Australian...

Asian Shares Display Mixed Performance; Gold Surpasses $2,100 Record

Asian markets exhibited a mixed trend on Monday, with gold reaching record highs above $2,100 at the onset of a week marked by crucial...

Nikkei 225 Records 0.73% Decline at Closing on Monday

In Monday's trading session, Japan stocks witnessed a downturn, primarily driven by losses in the Precision Instruments, Communication, and Electrical/Machinery sectors. The Nikkei 225,...

An In-Depth Look at the Security of Investing in Mutual Funds

Investing is inherently intertwined with risk, and for many individuals, mutual funds have emerged as a popular and accessible investment vehicle. The keyword "mutual...

A Guide on How to Buy ICICI Mutual Funds Online

In the ever-evolving landscape of financial markets, mutual funds have emerged as a popular investment avenue, providing investors with a diversified and professionally managed...

What is the difference between stop loss and stop limit?

In the dynamic world of forex trading, managing risk is paramount. Traders employ various tools and strategies to safeguard their investments, and two common...

Why spread is so high: Causes, Impacts, and Strategies

In the world of forex trading, the keyword "forex spread" plays a crucial role in understanding market dynamics. The spread, defined as the difference...

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