| Updated: November 9, 2023
The leading cryptocurrency pair BTC/USD continues to trade bullish at 11,500 support levels extended by an upward channel. On the higher side, the BTC/USD prices may find resistance at 11,800 zones. The leading technical tool, MACD, supports selling bias now, while the 50 EMA supports buying in BTC. Let’s check out the Bitcoin price forecast video analysis to learn more.
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.
GBP/USD reacted slightly to UK consumer inflation report British pound showed little reaction against the US dollar on Tuesday, after a report said that consumer inflation in the United Kingdom remained flat in July in consonance with preliminary estimates.GBP/USD touched a session high at […]
Forex Market: USD/CAD daily trading outlook Yesterday’s trade (in GMT terms) saw USD/CAD within the range of 1.3030-1.3139. The pair closed at 1.3121, gaining 0.59% compared to Fridays close. It has been the 158th gain in the past 291 trading days and also a second consecutive one. The […]
Gold swings on QE outlook, increased Chinese physical demand Gold swung between gains and losses on Tuesday as market players weighed ambivalent expectations about the timing of Fed parings its monetary stimulus against increased physical demand from China before the nations Golden Week holiday. Silver, […]
Forex Market: AUD/USD daily forecast During yesterday’s trading session AUD/USD traded within the range of 0.9362-0.9456 and closed at 0.9384.At 8:40 GMT AUD/USD traded at 0.9400, gaining 0.06% for the day. The pair touched a daily high at 0.9406 at 8:25 GMT.Fundamental […]
GBP/USD trades little changed following CBI industrial order data The pound traded little changed against the US dollar, after the Confederation of British Industry (CBI) released mixed data on UK factory orders in January.Having hit a session high at 1.6452 at 10:10 GMT, GBP/USD traded little changed at […]
Apple shares rebound on Thursday, tech giant speaks in defense of App Store as criticism intensifies In a new blog post describing functions and guidelines, Apple Inc (AAPL) earlier this week publicly defended its App Store against intensifying criticism in relation to how the tech giant treats competitors.Apple shares closed higher […]