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...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
The NZD/USD currency pair is demonstrating a bearish outlook, with an anticipated decline of 29 to 43 pips based on the provided analysis. The pivot point at 0.5608 remains a pivotal resistance level, with the downside bias prevailing as long as the...
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...
The NZD/USD currency pair continues to exhibit bearish tendencies, supported by technical signals that suggest a potential decline of 29 to 43 pips. The pivotal resistance level at 0.5608 serves as a critical threshold, with the downside bias...
