The currency pair has managed to halt its two-day losing streak, but it remains under pressure, trading near the crucial 0.5755 support level during the early European session on Wednesday. A deeper analysis of the four-hour chart reveals that the...
NZD/USD Weekly Analysis: Bullish Momentum Amid Strong Economic Data Good morning, traders! The NZD/USD market experienced a bullish scenario last week, largely influenced by favorable economic developments in New Zealand and the United States. The...
EUR/USD stays under pressure and trades below 1.0500 in the American session on Wednesday. The US Dollar stays resilient against its rivals after the data showed that the annual CPI inflation edged higher to 2.7% in November, not allowing the pair...
EUR/USD Technical Analysis Right now, EUR/USD is hovering around 1.0560, showing some consolidation after a recent drop. I’m watching 1.0530 as a key support level—if it breaks, we could see the pair slide further toward the 1.0500 mark, which is...
BTC/USD Technical Analysis and Expectations The BTC/USD market is trending up. Earlier today, it successfully broke the resistance zone at 98700 and the uptrend line. Following this breakout, the BTC/USD price started to move higher, indicating...
