FxAnalysis7

FxAnalysis7

The world’s largest cryptocurrency, Bitcoin is once again following the path to recovery, as the coin has surged almost 1% over the past one week, trading at 30,500, adding up to the monthly gain of 12.87%, according to the latest charts retrieved by CoinMarketCap. Bitcoin, which had an unstable flow till last due to various micro and macro factors, finally...

FxAnalysis7

Gold Selling Zone 1973. 1980. 1992. 2017. 2037. 2055. Technical Overview From a technical perspective, some follow-through selling below the $1,950 region will be seen as a fresh trigger for bearish traders and expose the 100-day Simple Moving Average (SMA), currently pegged near the $1,931 zone. Failure to defend the said support will make the Gold price...

FxAnalysis7

Currently Euro/usd price is below 20, 50 & 100 Exponential Moving Average which indicates the chances for short in 4 hours time frame, further today news for Core PPI and Fomc may direct the market for a long term momentum in short. The US Dollar (USD) is the world’s dominant currency and the Euro (EUR) is the second most-traded. As a result, business in EUR/USD...

FxAnalysis7

Gold is making lower high in short term therefore we are looking 2038-40 range to sell. Meanwhile long term trend is bullish. The expected trading range for current week is between 2007.00 support and 2045.00 resistance. Open: 2024.000 Close: 2016.810 High: 2029.150 Low: 2019.370

FxAnalysis7

Will BTC continue its long position..? Let’s see for a long breakout confirmation According to our current Bitcoin price prediction, the value of Bitcoin is predicted to rise by 6.73% and reach $ 30,873 by May 12, 2023. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 64 (Greed). Bitcoin recorded...