Page 125 - Technical Analysis News Today

Bitcoin price defends $69K amid rumors of Morgan Stanley approving BTC ETFs on its platform Bitcoin (BTC) price continues to hold above the $69,000 threshold for the third day as markets anticipate the month of April, which will bring the much-anticipated BTC halving.

Gold price is treading water near $2,170 early Tuesday, consolidating the previous rebound to the $2,181 level.

EUR/USD fluctuates at around 1.0850 in the early European session on Tuesday after closing in positive territory on Monday.

Options data suggests that traders have started betting and positioning for elections. There is a steady creation of short strangles at the 21,000 and 24,000 strikes for June expiry. The strategy provides a cushion of only 1,000 points on the downside but 2,000 points on the upside, analysts say

Pepe (PEPE) price has joined the broader cryptocurrency community, awakening after a show of strength in the Bitcoin (BTC) price.

For todays session market is expected to trade within this range. Analysts advises traders to trade in index with strategies such as Short Straddle which could be beneficial if index remains rangebound.

Bitcoin’s (BTC) directional bias has been unclear lately after its dip below $70,000.

​Sebi on Tuesday barred two individuals from the securities market for three years and imposed a penalty of over Rs 77 lakh on them for their involvement in front-running. Front-running refers to an illegal practice in the stock market where an entity trades based on advanced information from a broker or analyst before the information has been made available to its clients.

The EUR/USD price rallied in the short term, briefly moving above the mid-1.0800 level. The pair looks to correct the strong sell-off.

EUR/GBP has formed a possible Double Bottom reversal pattern at key support lows for the pair during the month of March.