This week has seen no significant changes in the market. The prevailing trend continues to favor a downward movement, as indicated by the recent performance of currency pair quotes. Notably, the quotes have dipped below the psychological level of...
USDJPY currency pair - D1 period chart. The price was falling for the main part of the last week because weakening the US dollar was going on in the market, especially the euro and the pound grew almost vertically. The ascending wave structure can...
BTC/USD Technical Analysis and Weekly Forecast The BTC/USD market is trading in a downtrend, around 82483. The market faces selling pressure, with significant support at 82000 and resistance at 85400. We are closely watching whether the BTC/USD...
The US dollar has recently been losing ground against the Japanese Yen, but the situation remains dynamic since Yen has now begun to return some of its previous profits. While registering this, the market is in a state of flow, and the general...
EUR/USD Technical Outlook: EUR/USD has been stuck in a consolidation phase, hovering between 1.0920 and 1.0980. The 200-day SMA around 1.0950 is acting as a key pivot level, and right now, momentum looks neutral. The RSI is sitting near 52, showing...
