The market capitalization of Bitcoin, the leading cryptocurrency by market value, surged to a historic high of $1.35 trillion before experiencing a slight downturn. Bitcoin climbed to $67.5 thousand, edging close to its previous record of about $69 thousand set in November 2021. Presently, Bitcoin is trading at $66.5 thousand, …

Japan’s Nikkei index managed to recover most of its early losses and closed relatively stable on Tuesday, March 3, as investors seized the opportunity to buy into declining stocks following a dip from record highs. The index dipped marginally by 0.03% to 40,097.63 points, significantly paring down its losses which …

Oil, Crude, trading

The Canadian Dollar pair has made modest upward attempts, finding support around the 1.3510 level and reaching its peak at 1.3585 during the previous trading session. In terms of technical analysis today, we cautiously lean towards a positive outlook, contingent upon the pair maintaining stability above the mentioned support level …

japanese-yen

Oil, Crude, trading

The previous trading session saw mixed activity in US crude oil futures contracts, with prices touching the official target at $80.40 per barrel before retracing slightly. Technically, the resistance level at $80.40 exerted downward pressure on oil prices, prompting a temporary retreat. Currently, prices are hovering near the lower end …

Gold prices surged in the latest trading session, surpassing the targets outlined in technical reports from the previous week. The precious metal reached a peak of $2118 per ounce, marking a significant milestone in its upward trajectory. Analyzing the 4-hour chart through a technical lens reveals that the simple moving …

The EUR/USD pair has exhibited a slight upward bias during the initial trading sessions of the week. However, this upward momentum has been limited, with the pair struggling to consolidate above the key resistance level of 1.0860. On the technical front, analyzing the 4-hour time frame chart reveals that the …

Oil prices remained relatively steady on Monday following the decision by the OPEC+ alliance to extend voluntary production cuts until the end of the second quarter, in line with market expectations. Brent crude futures edged down by 14 cents to $83.41 per barrel by 1035 GMT, after experiencing a 2.4 …