BTC/USD Analysis: Price Approaching Key Resistance

The Reserve Bank of Australia kept its key rate at a 12-year high of 4.35%. The market widely expected the decision, so it did not cause a spike in volatility. However, we note that the RBA warned that it was ready to raise the rate. In its commentary on the rate decision, the Australian central […]

UK inflation falls to 3.9%, lower than expected British pound declines The British pound has declined on Wednesday. In the European session, GBP/USD is trading at 1.2658, down 0.58%. UK inflation surprises on the downside UK inflation was lower than expected in November and the surprising release has sent the British pound lower today. Headline […]

USDCAD broke support level 1.3410 Likely to fall to support level 1.3300 USDCAD currency pair under the bearish pressure after the pair broke the support level 1.3410 (low of wave B of the previous ABC correction (2) from the middle of July). The breakout of the support level 1.3410 accelerated the active short-term impulse wave […]