Monthly Archives: January, 2024

GBPJPY Anticipates Positive Momentum Following Temporary Retracement

The GBPJPY pair experienced a brief negative retracement last Friday, reaching 174.75, influenced by stochastic negativity resulting from its exit from overbought territories. However, it's...

EURJPY Establishes a New Bullish Channel

The EURJPY pair has successfully established a fresh minor bullish channel, consolidating the dominance of the bullish scenario by securing a position above the...

EURGBP Anticipates Substantial Decline

The EURGBP pair has experienced a series of adverse closures beneath the 0.8695 barrier, signaling a descent below the MA55 and settling close to...

GBPUSD Exhibits Positive Momentum, Awaits Bullish Resumption

The GBPUSD pair has encountered challenges in re-entering the bullish channel, leading to a period of sideways trading in recent sessions. However, there is...

Gold Prices Surpass $2,050 Amid Safe-Haven Demand and Rate-Cut Hopes

In the Asian trading session on Monday, gold prices rebounded, recovering most of their losses from the start of the new year. Persistent tensions...

Asian Shares Start Week Mixed as China Skips Rate Cut; Nikkei 225 Hits Fresh 34-Year Peak

Asian markets kicked off the week with a mixed performance, as China's central bank's decision to forego a rate cut surprised investors. Meanwhile, Japan's...

Japan Stocks Reach 5-Year High as Nikkei 225 Gains 0.98%

Japan stocks saw an upward trajectory in Monday's trading session, with the Nikkei 225 climbing 0.98% to achieve a new 5-year high. The positive performance...

Oil Prices Inch Up Amid Middle East Developments and Supply Disruption Concerns

Oil prices saw a modest increase on Monday, with market attention drawn to potential supply disruption risks in the Middle East. The rise comes...

Bitcoin Faces Value Decline Following ETF Launch and Shifting Market Sentiment

In a notable turn of events, Bitcoin's market value has witnessed a significant downturn, falling to $42,239 today. This decline extends a four-day slide...

What is the name of dow 30 index etf?

As investors seek exposure to the illustrious Dow 30 Index, Exchange-Traded Funds (ETFs) provide an efficient and accessible avenue to participate in the performance...

What is web3 crypto?

Web3 crypto represents the convergence of blockchain technology and the decentralized web, paving the way for a new era of digital innovation. As an...

What is a calendar put spread?

In the dynamic world of forex trading, where risk management and strategic decision-making are paramount, options strategies play a crucial role in navigating market...

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