USDJPY Analysis The USD/JPY pair is currently trading slightly above the major uptrend line connecting the major moves of 2023 and 2024. This trendline near 143.85 was a key technical level supporting the market structure. But in light of the...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis; the market price is falling. The market respects the trend line too much; the price moves up from the bottom and reaches the trend line, and then the market price rises...
Ripple plans to acquire Hidden Road for $1.25 billion Ripple has announced the acquisition of multi-asset prime broker Hidden Road for $1.25 billion. This will be one of the largest acquisitions in the history of the cryptocurrency company. This is...
General Points about USDCHF: The USDCHF market has been falling steadily and has now reached the 0.8400 border, signaling significant bearish pressure. For buyers, this drop is concerning as it reflects a continuous loss in value, causing...
A forex cycle line is a tool used in technical analysis to identify and predict market cycles, trends and potential turning points. It helps traders visualize the cyclical nature of price movements, making it easier to understand when the market is...
