Share:
  • Duration:

Summary

In this video, we can see how the lines we have been following and the price levels derived from those lines were taken by astute players to buy these markets. We also convey a few recommendations on how to use charts in the case of cryptos.

Share:

Follow us on Telegram

Stay updated of all the news

Join Telegram

Latest Live Videos


Follow us on Telegram

Stay updated of all the news

Join Telegram

Latest Live Videos

Editors’ Picks

AUD/USD remains confined in a familiar range ahead of Australian CPI

AUD/USD remains confined in a familiar range ahead of Australian CPI

AUD/USD ticks higher during the Asian session on Wednesday and stalls the sharp pullback from a fresh YTD top touched the previous day. Hopes for a trade deal remain supportive of a positive risk tone and support the pair amid subdued USD demand. However, mixed signals regarding US-China trade talks act as a headwind for the Aussie.

AUD/USD News
USD/JPY consolidates above 142.00 as traders keenly await BoJ policy update

USD/JPY consolidates above 142.00 as traders keenly await BoJ policy update

USD/JPY struggles to capitalize on the previous day's modest uptick and oscillates in a narrow band on Wednesday as traders move to the sidelines ahead of the crucial BoJ policy meeting. The divergent BoJ-Fed expectations and trade-related uncertainties support the JPY and cap the pair amid the underlying USD bearish sentiment. 

USD/JPY News
Gold drifts lower to near $3,310 ahead of key US data releases

Gold drifts lower to near $3,310 ahead of key US data releases

Gold price extends the decline to near $3,315 during the early Asian session on Wednesday. The precious metal edges lower amid easing trade tensions and better risk sentiment in global markets. Traders will keep an eye on the US ADP Employment Change, PCE and the flash Q1 GDP reports later on the day. 

Gold News
Australia CPI expected to show inflation eased further in Q1, backing case for more rate cuts

Australia CPI expected to show inflation eased further in Q1, backing case for more rate cuts

Australia will release multiple inflation figures on Wednesday and financial markets anticipate price pressures easing further at the beginning of 2025, paving the way for additional Reserve Bank of Australia interest rate cuts.

Read more
May flashlight for the FOMC blackout period – Waiting for the fog to lift

May flashlight for the FOMC blackout period – Waiting for the fog to lift

We expect the FOMC will leave its target range for the federal funds rate unchanged at 4.25-4.50% at its upcoming meeting on May 6-7, a view widely shared by financial markets and economists. Market pricing currently implies only a 9% probability of the FOMC cutting the fed funds rate by 25 bps.

Read more
The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

Read More

MAJORS

Cryptocurrencies

Signatures