The Australian dollar tried to rally during Tuesday's session, but gave up all of its earlier gains as US markets opened. The 0.62 level proved to be a significant resistance point, with further barriers looming at 0.63 and 0.6350. These levels are...
GBPUSD TECHNICAL ANALYSIS Seeing that the price movement has increased quite well until tonight, it seems that the GBPUSD market trend has been confirmed as bullish, so for future trading plans it is recommended to focus on looking for buy entry...
EUR/USD Technical Analysis The EUR/USD currency pair remains in a downtrend on the 4-hour time frame. The market structure suggests that selling pressure is ongoing, as the pair is currently trading near the 50-day Simple Moving Average (SMA), which...
Bitcoin (BTC) is trading at approximately $96,471, with an increase of 4.91% from the last closing price. Throughout the day, the price reached a high of $97,379 and a low of $91,588, indicating some volatility. Support Level: The first major...
The USD/JPY (US Dollar / Japanese Yen) pair presents a unique set of dynamics in the forex market, driven by a blend of technical patterns, economic factors, and market sentiment. Analyzing this pair requires understanding not only the typical...
