The Euro (EUR) is looking vulnerable against the British Pound (GBP) after a corrective rally that started in mid-June. Analysts believe the EUR/GBP currency pair could be poised to resume its medium-term downtrend. EUR/GBP formed a bearish reversal...
The current price being below the Moving Average (MA) validates our assumption regarding market trends. The Moving Average Convergence Divergence (MACD) indicator, however, does not yet signal a sell for this currency pair. We are patiently awaiting...
NZD/USD,D1 The spot prices of NZD/USD are currently trading at a record low level for the past three months, just above the critical 0.6000 level. This confirms a bearish breakout on the charts, as the price has dropped below the 50-day moving...
Market Analysis and Trading Insights: Bitcoin Outlook Welcome to Interlock's Trading Journal! Today, we delve into a comprehensive analysis of Bitcoin's current market trends and potential trading opportunities. Market Overview Bitcoin recently...
Charting the Course: Silver The present analysis of the Silver Price behavior is subject to discussion. The 'butterfly' pattern on your chart was confidently broken by buyers, leading to significant growth in silver prices. Early in the week, there...