USD/JPY Market Sentiment The USD/JPY market is showing a strong uptrend today. Both market sentiments determine the USD/JPY market price action, and the recently released US Headline PPI (MoM) and US PPI (MoM) data boosted the US dollar’s strength...
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...
General Points about GBPNZD: The GBPNZD market appears under the control of sellers, as the price has currently reached the 2.1737 level. A bearish sentiment dominates the market. At present, there are no fundamental factors that could strengthen...
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 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...