The NZD/USD currency pair's current technical setup suggests a nuanced scenario where bullish and bearish forces are delicately balanced. The critical support level at 0.5693 serves as a key pivot point, determining the pair's short-term direction....
I decided to analyze a younger timeframe for the New Zealand dollar pair. I noticed that earlier, after a rebound from the local minimum at 0.5540, the pair moved upward. I observed the formation of an ascending price channel in the shape of a...
Bitcoin, as of January 26, 2025, continues to exhibit notable volatility, reflecting its position as a leading cryptocurrency in the global market. Currently trading near $102,500, Bitcoin is navigating a delicate balance influenced by macroeconomic...
The AUD/USD pair has remained under sustained selling pressure, with price action failing to break through the critical resistance level at 0.6550. This level has proven to be a formidable barrier, reflecting the overwhelming bearish sentiment...
The AUD/USD pair is entrenched in a persistent downward trend, with the pivotal resistance level of 0.6550 remaining unbroken despite multiple recovery attempts. This failure to breach a key technical level has cemented the bearish outlook, as...
