The NZD/USD (New Zealand Dollar/US Dollar) exchange rate, currently at 0.6112, is experiencing a bearish trend. This indicates that the New Zealand Dollar is weakening against the US Dollar. Various factors could contribute to this movement,...
XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...
EUR/USD D-1 In this analytical post, I would like to open the daily chart. In essence, the situation there has not changed since my last trading post. The euro/dollar pair is still trading within the downward price channel, which was formed at the...
Bitcoin Trading Analysis: Bullish Momentum or Bearish Reversal? Bitcoin's recent price action has created a sense of optimism among traders. Yesterday, it surged towards the 59,400 level before rallying to test the 62,500 level, indicating strong...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...