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The market went into a contraction followed by expansion over the weekend. It could be that the trend phase is just beginning. A clearing of the long stops of the Friday trends is very likely and there is a nice value area underneath.

Edgezone Updated 

BTCUSDT Chart Analysis Data The chart analysis was conducted using weekly charts of the BTCUSDT price from 2011 to the present. Technical Analysis A clear uptrend is visible on the weekly chart. The BTCUSDT price has risen in 2023. The resistance level of 32.000 was reached on Jul 2023, but not exceeded. Since then, the price has declined and has now...

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The Euro rose today after the NFP report (Non-Farm Payrolls) missed expectations. The report indicates the number of new jobs created in the US outside of the agricultural sector. It is considered one of the most important indicators of the health of the US economy and the monetary policy of the Fed (Federal Reserve). The NFP data shows that the US economy...

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Analysis of EUR/USD for the week of October 23rd to 29th, 2023 Technical Analysis EUR/USD was trading at 1.0575 on October 22, 2023. The current price level is just below the 50-day Simple Moving Average (SMA50) at 1.0560, with the 200-day Simple Moving Average (SMA200) at 1.0615. From a technical perspective, EUR/USD is currently in a sideways phase, with...

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EURUSD Analysis for the period from 21.09.2023 to 25.09.2023 Fundamental Analysis The European Central Bank (ECB) kept interest rates unchanged on 20.09.2023. The ECB expects inflation in the eurozone to continue to fall in the coming months. This is a positive signal for the EURUSD. Forecast Based on technical and fundamental factors, the probability of...

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EUR is getting ready to test an important level. What do you see in the white zone? what is that which could be within the range of the EUR tomorrow? And especially with the upcoming news for tomorrow ;-) My bias is still long

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EURUSD Analysis for the Next 2 Weeks Fundamental Data The fundamental data for EURUSD is currently mixed. On one hand, inflation in the Eurozone is declining, which tends to support the Euro. On the other hand, the US economy is still robust, which supports the US Dollar. Upcoming News Over the next two weeks, there are some important news events that could...

Edgezone Updated 

As expected in our last analysis, the EUR continued its downward trend this week and reached our second target precisely. From a technical perspective, the market is now significantly oversold, and we can anticipate a correction upwards for the remainder of the week.

Edgezone Updated 

Fundamental analysis The fundamental analysis of the EUR/USD exchange rate shows that the two currency areas are currently in different phases of their economic cycles. The US economy has already entered a recession, while the European economy is still growing. This suggests a stronger dollar in the coming weeks. The US Federal Reserve (Fed) has already...

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Bitcoin Analysis Fundamental Data Over the past 6 months, the fundamentals for Bitcoin have been very positive. Demand for Bitcoin has surged as more and more people see Bitcoin as a store of value and as an investment. The supply side for Bitcoin is limited, as there will only be 21 million Bitcoins. The inflation rate is high in many countries, making Bitcoin...

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EURUSD on the Run for retesting 1.1000 Area . Inflation Data coming . High Vola possible.

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Long with target 1.1060... Liquidity at 1.1046 which should be cleared.

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Short towards 50% Fib and fair value gap M15. After the push higher, a correction to this level of 1.0985 is likely.