| Updated: 
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.
Commodity Market: Gold hits a fresh 33-week low as rising US bond yields reduce the metal’s appeal Spot Gold extended losses from the prior several trading days on Friday, while hitting a fresh 33-week trough, as the recent surge in US bond yields continued to weigh on demand for the safe-haven metal.Gold also looked set to […]
US stock futures unchanged, waiting on US data US stock index futures were almost unchanged today as important data on US unemployment rate is yet to be released. The important indicator could be a turning point in the discussion of whether US government should taper on bond buying […]
Euro zone’s Construction Output sunk again Earlier today was reported, that construction sector in the single currency zone continued to contract for the fifth month in a row. It turned out to be the most prolonged decline in economic activity in the region since World War […]
GBP/USD Holds Above Key Averages Ahead of UK GDP Key Moments
GBP/USD trades near 1.3635 in early European dealings, rebounding after a two-day decline.
UK Q4 GDP is projected to rise 0.2% QoQ, with a stronger print seen as supportive for GBP against the USD.
Price holds […]
Forex Market: EUR/MXN daily forecast During yesterday’s trading session EUR/MXN traded within the range of 18.019-18.137 and closed at 18.059.At 7:08 GMT today EUR/MXN was adding 0.12% for the day to trade at 18.074. The pair touched a daily high at 18.075 at 7:05 […]
GBP/USD rises to 12-week high on Fed rate peak conviction The GBP/USD currency pair scaled a fresh 12-week peak on Monday, as market players awaited a host of macro data in the week ahead, including the Federal Reserve's preferred measure of inflation, for further clues on future interest rate […]