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Pound Sterling Shows Early Strength Ahead of UK Budget

GBP/USD Moves Towards 1.3650 Regardless of Diplomatic Risks, as CPI Increases BoE Calls

As the US dollar took a break on Wednesday after Tuesday’s profits, GBP/USD has bounced back to over 1.3600. The pound stayed undisturbed by diplomatic incertitude, however did get some assistance from boiling inflation numbers that increased BoE calls.    The Causes and Effects Despite increasing diplomatic incertitude as momentum grows in the direction of […]

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Ethereum Trades in a Confined Range as Demand and Supply Reach Equilibrium

Ethereum Trades in a Confined Range as Demand and Supply Reach Equilibrium

Ethereum is in a sideways trendThe altcoin trades between $3,000 and $3,400 Ethereum ETH) Current StatisticsThe current price: $3,135.91Market Capitalization: $369,959,674,234Trading Volume: $13,876,892,629Major supply zones: $4,000, $4,500, $5,000Major demand zones: $3,500, $3,000, $2,500 Ethereum (ETH) Price Analysis January 19, 2022 Ethereum’s (ETH) price is in a range-bound move as demand and supply reach equilibrium. Since […]

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US Wall Street 30 Declines Significantly, May Reach Level 33951

US Wall Street 30 Declines Significantly, May Reach Level 33951

Key Resistance Zones: 35000, 35500, 36000Key Support Zones: 27000, 26500, 26000 US Wall Street 30 (US30USD) Long-term Trend: BearishUS30USD is in a downtrend as it may reach level 33951. The index faced rejection at level 36700. Buyers could not sustain the bullish momentum above the recent high. Sellers have broken below the moving averages indicating […]

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