The Bitcoin market showed positive momentum early on Friday, indicating an effort to push higher. A sustained move up could pave the way for Bitcoin to test the major resistance zone between $108,000 and $110,000. This range represents a formidable...
NZD/JPY’s current market structure indicates an optimistic outlook, driven by robust technical factors. The pair’s pivot point at 86.86 acts as a linchpin, ensuring that the bullish momentum remains intact. The preferred scenario anticipates a rise...
The NZD/USD currency pair exhibits bearish tendencies, reflected in the technical analysis that suggests a potential fall of 29 to 43 pips. The pivot point at 0.5608 serves as a significant resistance level, acting as a critical threshold that...
GBPUSD GBP/USD Outlook: As of January 18, 2025, the GBP/USD pair is under pressure as the U.S. dollar maintains its strength, driven by strong economic data and elevated U.S. Treasury yields. Here’s an in-depth look at the current factors impacting...
GBP/USD Technical Analysis The GBP/USD pair is currently downtrend, trading below the significant resistance level at 1.22500. According to the technical structure, the market is in a sell-off, and the chart has a strong downtrend. The pair recently...