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BITCOIN TECHNICAL ANALYSIS: Current Trend and Chart Patterns: Bitcoin is currently trading below a descending trendline, established by connecting multiple swing highs from early June to mid-August. This trendline signals a bearish market...
EUR/NZD (Euro To New Zealand Dollar) The GBPCAD pair which is currently in a bullish trend seems to be experiencing a downward correction phase. The downward price correction can go to FR 50 - 1.7633 or FR 61.8 - 1.7579 which means it is below SMA...
EUR To NZD (Euro To New Zealand Dollar) In recent weeks, the journey of the EurNzd market has been dominated by bearish movements and it is observed that sellers continue to respond to price declines and the 1.7850 area appears as a dynamic...
Crude Oil (#CL) Technical Analysis Crude oil has been under significant bearish pressure since the end of July, consistently trading below the crucial moving averages: EMA50, EMA100, and EMA200. This trend highlights a strong downward momentum...