Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Bitcoin price (BTCUSD) achieves new historical highs

Economies.com
2024-11-10 19:02PM UTC

Bitcoin price (BTCUSD) rallied upwards sharply to surpass our waited target at 80000.00$ and continues to record new historical highs, and the way seems open to achieve more gains in the upcoming period, noting that the next station reaches 81000.00$ barrier, while breaking 78650.00$ will stop the bullish rally and push the price to achieve some bearish correction.

End of day crude oil price forecast update - 08-11-2024

Economies.com
2024-11-08 16:28PM UTC

Crude oil price keeps declining to break 70.58$ level and attempt to hold below it, to pave the way to achieve more expected decline in the upcoming sessions, noting that closing the day below this level will push the price towards 68.64$ as a next negative station, while trading above it again will lead the price to start new recovery attempts and visit 72.15$ initially.

The NZDUSD price forecast update 08-11-2024

Economies.com
2024-11-08 09:02AM UTC

The NZDUSD price presses negatively on 0.6000$ support line and attempts to break it, to hint heading to activate the negative scenario again, and we suggest targeting 0.5960$ followed by 0.5915$ areas as next negative stations.

 

Therefore, the bearish bias will be expected for today unless the price consolidated above 0.6000$ and surpassed the minor resistance at 0.6025$.

 

The expected trading range for today is between 0.5950$ support and 0.6060$ resistance

 

Trend forecast: Bearish

The AUDUSD price forecast update 08-11-2024

Economies.com
2024-11-08 09:02AM UTC

The AUDUSD price begins to attack 0.6632$ level and attempts to break it, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming sessions, reminding you that confirming the break is required to push the price towards 0.6536$ as a next main target, while the continuation of the bearish wave depends on the price stability below 0.6691$.

 

The expected trading range for today is between 0.6590$ support and 0.6690$ resistance

 

Trend forecast: Bearish