Monthly Archives: December, 2023

What does a minus 3 spread mean?

In the intricate world of foreign exchange trading, commonly known as forex, market participants often encounter various terms and concepts that can be perplexing...

AUD/USD Encounters Firm Resistance Amidst Bullish Outlook

The AUD/USD pair displayed a bearish bounce after reaching the anticipated target at 0.6780, nearing the 0.6700 level. However, the price has initiated a...

NZD/USD Hits Target Amidst Bearish Trend

The NZD/USD pair encountered robust resistance at 0.6290, prompting a clear downward rebound and indicating a potential shift towards intraday declines. The anticipated path...

USD/CHF Prepares for Further Decline

The USD/CHF pair has maintained a sideways trend in recent sessions, anticipating a downward momentum to facilitate a resumption of the primary bearish trend....

Japan Stocks Close Lower; Nikkei 225 Down 1.62%

Japan stocks ended lower on Thursday, with losses in the Power, Gas & Water, and Warehousing sectors leading the decline. At the close in...

Bitcoin (BTC) Anticipates Breakout, Analysts Predict Upside Surge

Bitcoin (BTC) has rekindled excitement among traders and enthusiasts as crypto analysts foresee an imminent breakout to the upside. Recent statements from prominent analysts...

Lisk (LSK) Announces Transition to Ethereum as Layer-2 Scaling Solution

Lisk (LSK), a delegated proof of stake (DPOS) protocol, has revealed its strategic plans to migrate to Ethereum, serving as a layer-2 scaling solution....

XRP Faces Resistance Amidst Market Recovery, But Signs of a Potential Reversal Emerge

In the midst of a gradual crypto market recovery, XRP encounters a challenge at a significant resistance level, prompting discussions among traders and analysts....

Oil Prices Retreat, Ending Three-Day Winning Streak

Oil prices experienced a decline on Thursday, interrupting a three-day winning streak, with concerns over diminished demand triggered by an unexpected U.S. crude inventory...

Oil Prices Rise, But Unexpected US Crude Build Dampens Momentum

Oil prices experienced an uptick, although the surge faced resistance following an unforeseen increase in U.S. crude inventories, reigniting concerns about a potential oversupply...

What is difference between brent and crude oil?

In the complex world of energy trading, two terms frequently make headlines and impact global markets: Brent and crude oil. While both are essential...

What is best web3 coins to invest in?

The emergence of Web3 technology has revolutionized the digital landscape, introducing decentralized, community-driven platforms that aim to redefine the way we interact with the...

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