| Updated: November 9, 2023
The BTC/USD price is consolidating within a sideways trading range of 11,897 to 11,700 level. On the two-hourly charts, the leading cryptocurrency pair has formed an ascending triangle pattern. Is it going to break out and what happens to BTC/USD prices when it breakout? Let’s get to know about it in video analysis.
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.
Forex Market: GBP/USD hovers above 1 1/2-week lows as investors bet on earlier Fed tapering GBP/USD traded within a relatively tight range on Monday, while hovering just above lows unseen in 1 1/2 weeks, as market players were weighing up the possibility of an earlier asset purchase tapering by the Federal Reserve.The major […]
EUR/USD lower on German consumer confidence, Syria tension The euro slipped to lower levels against the US dollar on Wednesday, as tension in the Middle East escalated and laid support to safe haven assets.EUR/USD fell to its lowest point today at 1.3370 at 7:11 GMT. Support was likely to be found […]
Commodities trading outlook: gold holds near 5-month high, copper heads for sixth weekly decline Gold fell on Friday on a firmer dollar but still hovered near the highest in five months after the European Central Bank introduced an asset-purchasing program and ahead of a Greek vote, the outcome of which may lead to the country leaving the […]
Ryanair Holdings’ share price up, posts a 8% drop in net profit, but forecasts profit growth due to flying more passengers The largest discount airline in Europe – Ryanair Holdings made an official statement today, revealing that it projects to swing back to growth this year, after it posted its first profit fall in half a decade. Currently, the company has […]
Vitol Corp. acquires Royal Dutch Shell’s Australian refinery and filling stations in a 2.6-billion dollar deal Royal Dutch Shell Plc, which is currently the largest oil company in Europe, revealed that it reached an agreement with Vitol Group over the acquisition of its Australian refinery and filing stations in a deal estimated to 2.9 billion […]
Forex Market: GBP/USD daily trading outlook Friday’s trade saw GBP/USD within the range of 1.4247-1.4431. The pair closed at 1.4258, plummeting 1.08% on a daily basis, or at the sharpest rate since November 5th, when it fell 1.15%. It has been the 8th drop in the past 10 trading days. […]