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Market Picture The crypto market is sitting at $2.23 trillion, roughly back to levels of a week earlier, with two legs of growth—at the end of the day on Thursday and the start of trading on Monday. Sentiment has returned from fear to neutral territory (48), while sentiment in US stock indices is close to […]

The post Bitcoin and Ethereum Are Trying to Break Resistance appeared first on Action Forex.

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27/03/2024

Gold Price Could Resume Rally Unless This Level Gives Way

Key Highlights Gold rallied above the $2,150 and $2,170 resistance levels. A key contracting triangle is forming with support at $2,160 on the 4-hour chart. EUR/USD struggled to continue higher above the 1.0865 resistance. Bitcoin price regained strength for a move above the $70,000 resistance. Gold Price Technical Analysis Gold prices started a fresh increase […]
02/08/2024

USD/JPY – Surging Yen Improves to 15-week High

The Japanese yen continues to rally. USD/JPY is trading at 148.86 in the European session, down 0.31% on the day at the time of writing. On Thursday, the yen strengthened as much as 148.50, its best showing since May 11. Yen continues to pummel US dollar Only three weeks ago, the yen looked dead in […]
29/10/2024

Bitcoin’s Bullish Breakout

Market Picture The crypto market cap rose by 4.7% to $2.4 trillion in the last 24 hours, supported by a surge in top coins. These are the market’s highest levels since late July. Back then, the market stalled around these levels and soon turned lower. This time, the trend is more bullish, as the market […]