Current Developments in EUR/USD Our conversation today will delve into the price action analysis of the EUR/ USD currency pair. The resistance along the upper edge of the triangle on the weekly EUR/USD chart was likely by buyers a while ago, but...
The British Pound (GBP) experienced a volatile start to the new trading week against the US Dollar (USD). After initially gaining ground and surpassing the 1.3400 level, the pair faced downward pressure, ultimately closing near the round-figure...
TRADING CHART ON GBP/NZD H1. The market saw buyers trying to provide resistance yesterday, Monday, as the price approached the daily dynamic support of 2.0960, which could lead to a rebound. In the Asian session, the price struggled to surpass...
Analysis of Bitcoin's Price Dynamics Bitcoin is currently navigating a challenging landscape, facing notable selling pressure despite recent comments from Fed Chair Jerome Powell about potential interest rate cuts later this year. Traditionally,...
The NZD/USD pair is currently trading near a significant level, as shown in the chart. By using Bollinger Bands, it can be observed that the market might be oversold, given that the price is approaching the lower band. However, the MACD (Moving...