Technical analysis of EURUSD Today we will be doing a technical analysis of EUR/USD. EUR/USD is the main currency pair in the forex market. The market is currently sitting between our support and resistance levels. EUR/USD remains bullish and is...
The currency pair has experienced a notable rally, reaching a higher high and reinforcing its established uptrend. After peaking, the pair has started moving sideways, potentially forming a Bull Flag continuation pattern. If this pattern holds, it...
RBA’s Assistant Governor Sarah Hunter recently indicated that these rates are contributing to what is expected to be a mild economic downturn. While the labor market remains tight, showing levels of employment growth, Hunter emphasized that this...
USDJPY currency pair - D1 chart. During this senior period, it is striking how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. A good descent that ended in late November, early December at the...
BTC/USD Technical Analysis and Market Outlook The BTC/USD market has seen significant price volatility today. After hitting an intraday high of 99.494, the BTC/USD market has corrected a lot and is currently trading around 97.151. These price...