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<p>In November, the monthly trading volume on Exness slipped below $4 trillion, a significant correction from the peak in the previous month. According to the latest official numbers, the broker handled $3.93 trillion in trading volume last month, marking a decline of about 19 percent month-over-month.</p><p>The decline came after

<p>Binance, the largest crypto exchange in terms of trading volume, has withdrawn its bid for a collective investment fund. This application was previously submitted to the financial market regulator in Abu Dhabi. The decision to retract its bid stems from Binance's ongoing reassessment of its “global licensing needs", according to

<p>Changpeng Zhao, the Founder and former CEO of Binance, must stay in the United States until his sentencing is scheduled in February, a US federal judge ruled on Thursday. This decision overruled Zhao's previous bail agreement that would have allowed him to visit his UAE residency but requires him to return to the US two […]

Main scenario: consider long positions above the level of 1988.28 with a target of 2170.00 – 2220.00 after correction. Alternative scenario: breakout and consolidation below the level of 1988.28 will allow the pair to continue declining to the levels of 1953.46 – 1889.05. Analysis: a descending correction appears to have formed as the fourth wave [

Main scenario: consider short positions from corrections below the level of 85.30 with a target of 55.00 – 45.00. Alternative scenario: breakout and consolidation above the level of 85.30 will allow the asset to continue rising to the levels of 91.05 – 95.65. Analysis: a downside correction presumably continues developing as second wave of larger [

At first sight, the environment isn't favorable to the XAUUSD's rally. Inflation is slowing down, recession is far away, and geopolitics is no longer dreadful. Still, gold is rising. Why? Let’s discuss it and make a trading plan. Weekly fundamental forecast for gold Gold remains the biggest mystery of 2023. It has grown 13% this […

Main scenario: consider short positions from corrections below the level of 147.50 with a target of 139.60 – 136.60. Alternative scenario: breakout and consolidation above the level of 147.50 will allow the pair to continue rising to the levels of 151.85 – 156.00. Analysis: an ascending wave of larger degree C continues forming on the […]

Main scenario: consider short positions from corrections below the level of 1.2730 with a target of 1.2300 – 1.2030. Alternative scenario: breakout and consolidation above the level of 1.2730 will allow the pair to continue rising to the levels of 1.2876 – 1.3000. Analysis: the first wave of larger degree (1) is presumably formed on […]

Main scenario: consider short positions from corrections below the level of 1.0917 with a target of 1.0515 – 1.0255. Alternative scenario: breakout and consolidation above the level of 1.0917 will allow the pair to continue rising to the levels of 1.1017 – 1.1152. Analysis: a bearish wave of larger degree A is presumably completed on […]

Main scenario: consider long positions from corrections above the level of 0.8546 with a target of 0.9109 – 0.9246. Alternative scenario: breakout and consolidation below the level of 0.8546 will allow the pair to continue declining to the levels of 0.8392 – 0.8238. Analysis: the downside fifth wave of larger degree (5) is presumably unfolding [&he