Market Analysis and Insights: Bitcoin is trading around $71,524, extending a powerful recovery after breaking above the $70,000 psychological barrier for the first time in more than two months. The latest advance has been supported by falling...
*EURCHF M15 Technical Analysis* The EURCHF 15-minute chart shows a sharp impulsive decline followed by a consolidation phase between two defined zones. On August 19, price dropped from the 0.94015 area down toward 0.92965 with strong bearish...
GBP/USD M30 Technical Outlook: Bullish Structure Faces Short-Term Rejection Market Structure The GBP/USD M30 chart shows a strong bullish impulse followed by a corrective phase. Price climbed from the 1.3600 area and accelerated toward 1.3658,...
During yesterday's downside push on the AUDCAD currency pair, the short sellers managed to drive price action all the way down to test a local dynamic support level in the form of an ascending trendline sitting around the 0.9830 area. Moving into...
On Thursday, NZD/USD rises for the second day in a row to around 0.5940. In today's session, the NZD/USD pair advances by 0.12%. The positive performance of NZD results from the possibility of another interest rate hike by the country's central...