Key Highlights Ethereum is eyeing a key upside break above the $4,000 resistance zone. ETH price is facing hurdles near a contracting triangle with resistance near $3,950 on the daily chart. Bitcoin price started a decent increase above $98,000 after a short-term downside correction. Gold prices extended gains and traded above the $2,700 zone. Ethereum […]
The post Ethereum Sets Sights on New All-Time High: Can It Deliver? appeared first on Action Forex.
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Germany’s economy is forecast to contract by -0.1% in 2024, according to the Ifo Institute. The economy has been “treading water for five years”, with growth stalled amid structural challenges. The institute presents two possible Read more…
Daily Pivots: (S1) 0.8817; (P) 0.8836; (R1) 0.8860; More… Outlook in USD/CHF remains unchanged as corrective fall from 0.8956 should have completed at 0.8735 after hitting 55 D EMA. Intraday bias remains on the upside Read more…