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...
The currency pair is retracing its recent gains, trading around 0.8850 during the European session on Wednesday. After a strong performance in previous sessions, the US Dollar (USD) faces downward pressure due to subdued Treasury yields, following a...
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...
Euro tests 1.05 as sticky inflation fuels uncertainty The euro fell slightly during early trading on Wednesday, testing the critical 1.05 level following the release of US CPI data. The consumer price index showed a month-on-month increase of 0.3%,...
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...