As we all know, Christmas and the holiday season make the market especially volatile. So, get ready for different unexpected and illogical market moves.Bitcoin keeps moving in a very narrow range, trying to define the next move. The asset might potentially pull from the resistance at the level of 18350 next to the broken uptrend. So, let’s observe what will happen next.Silver is approaching the resistance at the level of 24.75. The asset might potentially try to either pull back or break the level through. As silver seems to be heading up, it could break this level through. However, it would be wise to check the price movements or the candlestick formations next to this level.The currency pair EUR/USD is forming a pennant after the breakout of the downtrend. It might signify a potential jump. Currently, the asset’s price is testing the level of 1.0600. The currency pair might gain the required support at this level and head up.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/bitcoin-trading-flat-but-not-for-long"
via IFTTT
Subscribe to:
Post Comments (Atom)
Don’t count resources out
Commodities have performed poorly over the past year, but they tend to move in long and volatile cycles. from Moneyweek RSS Feed https://m...
-
The new strain of covid found in South Africa could disrupt plans by governments and central banks to rebuild economies. Financial markets a...
-
Fidelity “FIS” is a global financial services technology company and a leader in providing technology solutions to merchants, banks and cap...
-
Asian Equities Sink on Covid FearsIt’s been a mixed start to the week for global equities benchmarks with US and European asset markets rema...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.