FX.co ★ Market Review: Gold Hits New Highs, Dollar Gains & Bitcoin Drops

In today's market review for February 24th, we discuss the upcoming US Consumer Confidence Index and analyze the latest market moves. The US Dollar continues to strengthen, putting pressure on major currency pairs and stock indices.

We review the massive rally in Gold, which confidently set new highs and completed our weekly targets. Meanwhile, Bitcoin continues its downward spiral, punishing buyers who trade without stop-losses. We also analyze the setups for EUR/USD and GBP/USD as they hold in their demand zones, and the excellent shorting opportunities approaching for USD/CAD and USD/JPY.

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