| Updated: 
Bitcoin prices continue to trade bullish at 11,700 levels, and the upward channel is likely to drive more buying in Bitcoin. The recent hammer pattern on the two-hourly timeframe is also supporting bullish bias; let’s consider taking buying trades today. Check out the BTC/USD price forecast 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.
USD/CHF hovers above 8 1/2-year low after US CPI surprise Key pointsUSD/CHF just above lows last seen in January 2015
US headline, core CPI inflation slows to levels unseen since 2021
US inflation data prints add to expectations of Fed rate peak in JulyUSD/CHF registered a […]
UniCredit shareholders preferring repurchases to dividends, CEO says According to UniCredit’s Chief Executive Officer Andrea Orcel, the bank returns capital to its shareholders mostly in the form of share buybacks rather than dividends, as this is what investors prefer."This is what shareholders tell us […]
South Africa’s CPI inflation lowest since December 2023 Annual consumer price inflation in South Africa has eased to 5.1% in June from 5.2% in the preceding two months, data by Statistics South Africa showed.It has been the lowest inflation rate since December 2023.Last month, inflation […]
USD/CAD on over one-week lows due to Chinese economic reforms US dollar reached its lowest point in more than one week against the loonie, as Canadas commodity export outlook improved due to Chinese package of economic reforms.USD/CAD slipped to a session low at 1.0416 at 13:35 GMT, also the pairs […]
Alstom SA share price up, projects rising full-year sales and seals energy assets deal with General Electric Alstom SA said that its expects full-year sales to increase after a record order intake.According to the companys statement, Alstom projects its sales to increase at a “high single digit” rate while its operating profit margin is likely […]
The largest foreign automakers in an epic battle over the Chinese market The largest foreign auto makers have recently started a fierce competition after three years of seizing market share from Chinese rivals. The goal of highest priority for Ford Motor Co., Volkswagen AG and Hyundai Motor Co. is to record […]