| Updated: 
The BTC/USD prices continue to trade in line with our previous forecasted levels. For now, the BTC/USD pair may find support at 11,700 level, and violation of this level can drive sharp selling in the Bitcoin. Check out the Bitcoin price forecast video to learn more about trade ideas. Good luck!
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 daily trading outlook Yesterday’s trade saw GBP/USD within the range of 1.4640-1.4739. The pair closed at 1.4665, shedding 0.21% on a daily basis. It has been the 20th gain in the past 45 trading days. The daily high has been the highest level since May 3rd, when a […]
Hungarian Central Bank Eyes Cuts as Forint Holds Firm Key MomentsCommerzbank’s Michael Pfister expects the Hungarian central bank to restart its rate-cutting cycle. Consensus points to a 25-basis-point move.
Hungary records the lowest core HICP inflation among CE3 countries. However, […]
Australia inflation at 2-year low, AUD/USD off 2-week high Australia's annual inflation rate was reported at 4.1% in the final quarter of 2023, while slowing from 5.4% in Q3.It has been the lowest inflation reading since the fourth quarter of 2021.In comparison, market consensus had […]
Verizon shares close slightly higher on Friday, company loses 68 000 phone subscribers in Q1, full-year revenue forecast withdrawn Verizon Communications Inc (VZ) reported last week a loss of 68,000 phone subscribers, who pay a monthly bill, in Q1 and pulled its full-year revenue forecast amid lockdowns and store closures that have led to a considerable decrease in […]
Time Warner Inc. share price down, Turner Broadcasting unit to cut 10% of global workforce Time Warner Inc.s Turner Broadcasting unit said on Monday it will slash 1 475 positions, or 10% of its headcount, as part of its cost-cutting program aimed at redirecting funds to investing.Time Warners Chief Executive Officer Mr. Jeff […]
Euro Faces Pivotal Test as EUR/USD Rally Stalls Below 1.1900 Key Moments
EUR/USD confirmed a bullish breakout from a bull pennant. However, it stalled just above 1.1900, a level that has capped gains for years.
Conflicting forces on the U.S. dollar — softer policy signals versus strong […]