The US dollar has maintained its strong stance since the arrival of key economic data such as the CPI and GDP growth. This has fueled an upward correction in the greenback. Consequently, this caused the USDCAD to continue its upward correction through the 1.4000 resistance level. Key Price Levels: Resistance Levels: 1.4100, 1.4300, 1.4500 Support…
Polkadot has quickly become a standout in the blockchain space, known for its ability to connect multiple chains and foster interoperability. As the demand for scalable, cross-chain solutions grows, Polkadot’s future has potential. In this article, we explore various analytical Polkadot predictions for 2024, 2025, and beyond. Polkadot Price History Polkadot (DOT) officially launched its…
The ATR indicator on the S&P 500’s 4-hour chart (US SPX 500 mini on FXOpen) currently shows a reduction in price volatility. This drop in volatility can likely be attributed to:→ The market having fully absorbed the impact of Trump’s recent presidential win;→ No unexpected news from yesterday’s CPI report, which matched analysts’ inflation expectations….
The price continues to rise and, apparently, is not going to stop anytime soon, approaching the previously established maximum with each step. The breakdown of this important value will once again cross out all the efforts of sellers and again force us to revise the current wave marking. For now, there is a margin of…
What is the “Berma Plan” for Entering a Trade? The “Berma Plan” is a trend following system. Where we use all the tools mentioned before to search for currency pairs that are moving in a clear direction, with a strong momentum, whether up or down. To do this, we will follow the next steps. First,…
Daily Pivots: (S1) 196.89; (P) 197.35; (R1) 198.05; More… Intraday bias in GBP/JPY remains neutral as range trading continues below 199.79. Further rally is expected as long as 55 D EMA (now at 195.24) holds. Above 199.79 will resume the rebound from 180.00 to retest 208.09 high. However, sustained break of 55 D EMA will…
What is “Berma Grid” It is a grid of dotted lines drawn in the background of the chart. Its purpose is to show the main direction of price movement. The “Berma Grid” consists of a set of standard deviation channels, all calculated for the same period. The difference between these channels is the multiplier used…
The United States Federal Bureau of Investigation (FBI) raided the home of Polymarket’s CEO, Shayne Coplan, on Wednesday morning (local time) and seized his phone, as first reported by the New York Post. However, the 26-year-old hasn’t been arrested or charged. Although there is no official confirmation, a Bloomberg report indicated that the Department of…
ZKsync Price Forecast: November 14 ZKUSD price rises today again, retarding the bearish moves, as it recovers with the entire crypto market gaining about 3.8% in the past 24 hours. The crypto remains in an uptrend and is trading close to the upper resistance area. Thus, if the coin closes above the current level at…
Australia’s October jobs report was a bit of a mixed bag. Headline job gains met expectations, but they slowed down quite a bit from September’s big jump. The economy added 15,900 jobs, which kept things positive but was way below the downwardly revised 61.3K gain from the month before. Link to Australia’s Labor Force Survey…