| Updated: November 9, 2023
The leading cryptocurrency pair is trading with a bearish bias at 11,755 level, and it’s likely to gain immediate support at 11,500 level that is extended by an upward trendline. What happens if BTC/USD manages to break below 11,500? Let’s discuss it in a BTC/USD price forecast video.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
German Inflation Dips to 2.3%, STOXX 600 Suffers 1.77% Drop Key momentsGermany’s annual consumer price growth slowed to 2.3% in March.
European stocks tumbled, with the STOXX 600 index losing 1.77% and STOXX 50 falling 1.87%.
The observed slowdown in Germany’s March inflation data may serve as […]
T-Mobile U.S. Inc.’s share price down, offers free iPhone trials, music services to consolidate positions T-Mobile U.S. Inc., which is currently the fourth-biggest wireless carrier in the U.S., made an announcement today, revealing that it has decided to offer free trials of its network. The company will also provide its prospective customers with […]
EUR/USD edges slightly higher after German GDP data, ECB easing speculation The euro advanced against the US dollar on Tuesday, after data revealed the largest euro zone economy, Germany, expanded in the fourth quarter at the fastest annualized pace since the three months through March 2012. However, gains were […]
Reliance announces acquisition of Mid-West Materials Reliance Inc (NYSE: RS) said earlier this week it had acquired all the outstanding equity interests of Mid-West Materials Inc, a premier flat-rolled steel products provider.The company did not disclose any financial details of the […]
Commodities trading outlook: crude oil, natural gas futures Both Brent and West Texas Intermediate crude benchmarks swung between gains and losses on Monday as investors eyed the developments in eastern Ukraine where a Malaysian Air jet was shot down, deepening the worst standoff between Russia and the […]
Apache Corp.’s share price up, locates big oil reserves off the coast of Australia Apache Corp. announced the discovery of crude reserves amounting to as much as 300 million barrels off the coast of Western Australia, prompting a surge for its partners shares, ahead of Wall Street trade opening later today.According to […]