In a turbulent economic year, the naira, Nigeria’s currency, has experienced a sharp decline, shedding more than half of its value against the US dollar in official markets and even more in the parallel market. Bloomberg identifies it as the world’s worst-performing currency, trailing only behind the Lebanese pound and the Argentine peso. The primary […]
BTCUSD Drops Before Reaching the $45,000 Resistance BTCUSD drops in price, thereby experiencing a decline, failing to breach the $45,000 resistance level. Despite encountering resistance during its initial attempt in early December, where it faced an immediate rejection and dropped to $40,200, subsequent efforts to approach this significant level were met with a similar outcome, […]
Market Analysis – December 28th Gold buyers aim to finish stronger this year. Gold has been maintaining a high tempo, with expectations of finishing the year on a strong note. The bears have loosened their grip and have been unable to put up further resistance. Over the past week, the buyers have grown stronger in […]
Market Analysis – December 27th FTSE100 buyers are eyeing a breakout as bullish momentum builds. The FTSE100 index has been experiencing an aggressive bullish streak as buyers aim to reach a significant level of 7800.00. Despite facing strong opposition from sellers for several months, the buyers have remained focused and determined. It will be intriguing […]
USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade Analysis: December 29 USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade heads lower as the price leaves the premium zone. At the premium zone, the […]
Market Analysis – December 26 EURCHF begins its bullish retracement as the price makes a BOS immediately after breaching the 0.94050 level. Apparently, the price is heading into the premium zone. This is likely to lead to a notable correction phase, as the downward trend resuming anytime soon is unlikely. According to the Stochastic Oscillator, […]
Price may surpass $24 level SILVER Price Analysis – 28 December Silver’s price may rise and test the $25 and $26 resistance levels if buyers can hold the $23 price level and the $24 resistance level is breached. In the event of significant selling pressure, a lower price breach of the $23 barrier would aim […]
Uniswap market may increase further Uniswap Price Analysis – 28 December The purchasing pressure may completely destroy the resistance levels at $6.8 and $7.2 if it rises beyond the $6.5 level. If sellers are successful in bringing the price below the $5.8 support level, the price levels of $5.4 and $5.1 will be tested. The […]
In a day marked by relative stability, the British pound demonstrated resilience, maintaining its status as one of the strongest currencies of the year. Trading at $1.2732, the pound exhibited a modest 0.07% gain, following a recent peak at $1.2794. Against the euro, it remained steady at 86.79 pence. Over the past three months, the […]
