Technical Analysis BTC/USD 1-hour chart: BTC/USD tested the support zone at 95500, which is closely aligned with the 100 simple moving average on the hourly timeframe. This level has created a strong base for buyers. After testing the support 95500,...
The main events by the morning: November 29 Steelmaking is declining in Russia. According to data for January-October 2024, steel production decreased by 7% compared to the same period last year and amounted to 59.1 million tons. The largest drop...
The price has recently shown signs of recovery after significant intraday losses against the dollar, bringing the pair down to the mid-151.00s as the European trading session approached on Friday. This rebound comes amid growing concerns that...
GBP/USD Technical and Fundamental Analysis Hourly Chart GBP/USD is forming an uptrend on the hourly chart and is currently testing resistance near 1.27300. This level is important as a break above it could open the door for further bullish...
USD/CHF Technical Analysis: Right now, the USD/CHF pair seems to be moving sideways. It's trading between key support at 0.8900 and resistance at 0.8950. If it breaks through the resistance, I could see the price pushing towards the 0.9000 level,...