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...
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 pair is currently reflecting a bearish sentiment, with technical analysis indicating a potential decline of 29 to 43 pips. The pivot point at 0.5608 is a critical resistance level that shapes the immediate market outlook. As long as the...
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 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...
