EURUSD Technical Analysis: The market has been in a consistent downtrend after getting rejected from the $1.05300 level. The price is currently hovering around the minor support level of 135, which could serve as a key turning point. If this support...
I believe Bitcoin’s recent failure to surpass the critical resistance level of $106,448 highlights a pivotal moment in its price action, as this zone has historically acted as a psychological and technical barrier for traders. I interpret this...
Forecast of EURUSD The price of the EURUSD increased generally on the daily time frame chart for the price adjustment, and last Friday this trading asset even crossed the 50 EMA line. On Monday of this week, however, the EURUSD completed the price...
Currently, NZD/USD is operating in a distinctly bearish regime, with technical factors aligning to suggest that further downside is likely. The pair is trading below its pivotal level of 0.5666, a critical threshold that, if not breached to the...
USD/JPY currently enjoys a strong bullish technical configuration, with the pivot at 154.59 acting as a vital support level that underpins the pair’s upward momentum. The RSI is firmly above 50, indicating that buying pressure remains robust and...