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...
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...
The pair is experiencing a second consecutive day of follow-through selling, with the exchange rate dropping back below the 1.4350 mark during the early Asian session on Friday. This downward move is largely driven by a stronger U.S. Dollar (USD),...
EURUSD currency pair - H4 chart. The wave structure here is building its order downwards. The MACD indicator is in the lower sales zone. The news from the USA regarding technology largely and predictably declined. And the technology from the...
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...