The NZD/USD pair experienced selling pressure during European morning trading on Friday, with prices dipping below 0.5585. This downward movement can be attributed to several key factors, primarily the strength of the US dollar. The US Dollar Index...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. Market prices are rising but are trying to change their structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
XAU/USD I am also for going to 2739.48 to start with, and only after that the downward movement opens on the correction to close the triangle breakout to 2614.23. Then growth to 2806.16. And there they can go well even higher. Regarding the...
#Bitcoin chart analysis I open the daily chart for Bitcoin and notice that the ascending price channel was formed earlier. I can see that within this channel, Bitcoin traded from the 90,000 level to the 108,000 level, which became a new local high....
Analyzing the GBP/USD hourly chart reveals a clear downtrend, emphasizing bearish momentum dominating the pair's movement from late December to early January. The price action displays lower highs and lower lows, a classic hallmark of a downward...
