Created on August 12, 2026 Bearish view Sell the BTC/USD pair and set a take-profit at 60,000. Add a stop-loss at 67,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 67,000. Add a stop-loss at 66,000. Bitcoin price remained on edge today, falling for four consecutive days, and reaching…
At the interbank foreign exchange, the rupee opened at 95.40 before slipping further to 95.42, down 6 paise from its previous close. File photo for representational purposes only. | Photo Credit: Reuters The rupee fell 6 paise to 95.42 against the U.S. dollar in early trade on Wednesday (August 12, 2026), weighed down by the…
Key Highlights Bitcoin faced a few rejections near $65,500. There was a move below a bullish trend line with support at $64,850 on the 4-hour chart of BTC/USD. Ethereum also struggled above $1,920 and trimmed gains. The US Consumer Price Index could increase by 3.4% in July 2026 (YoY). Bitcoin Price Technical Analysis Bitcoin price…
Created on August 11, 2026 The Aussie dollar continues to consolidate near the 50 SMA, with key U.S. inflation data having the potential to spark the pair’s next major move. Here are the crucial support and overhead areas to watch. Following the Aussie dollar (AUD/USD) gaining ground late last week after a soft U.S. employment…
Created on August 11, 2026 Bullish view Bearish view The GBP/USD pair rose for the third consecutive day as the US dollar softened after last week’s US nonfarm payrolls (NFP) data. It rose to 1.3510, up by nearly 2% from its lowest point in July as focus shifts to the upcoming US inflation and UK…
Created on August 11, 2026 Bearish view Sell the BTC/USD pair and set a take-profit at 60,000. Add a stop-loss at 66,875. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 66,875. Add a stop-loss at 60,000. Bitcoin price wavered on Tuesday, even as American investors continued rotating to the…
On a day when etoro announced a fairly important acquisition of TradeZero giving it a stronger foothold in the US online brokerage market, it also released its Q2 2026 financial results, showing a slowing of activity and a drop in profitability. etoro Revenues, or what it calls Net Contribution, fell by 11% from Q1 levels…
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Copper (HG_F) commodity published in members’ area of the website. As our members know, Copper Futures recently completed a pullback that provided a high-probability trading setup. The decline unfolded as a clear Elliott Wave Zig…
Both WTI and Brent have returned to inflated levels again as traffic in the Strait of Hormuz grinds to a halt. There seems to be no end in sight to the war, and many economies are reporting diminishing reserves of crude. In today’s Market Outlook, let’s take a look at Forex trading on GBPUSD, Gold,…
Created on August 11, 2026 The USD/ZAR has seen some upwards momentum the past day and half, this after the currency pair correlated to the broad Forex market and displayed powerful selling mid-Friday when financial institutions reacted to U.S employment data. As speculators and some financial institutions remain wary of sudden sparks from the Middle…