On Wednesday, the NZD/USD currency pair recorded a modest increase of 0.30%, reaching a price level of 0.5615. This uptick occurred as the pair extended its gains above the 20-day Simple Moving Average (SMA). The movement above this moving average...
EUR/USD Price Move Lookout The topic at hand is the price action analysis of the EUR/USD currency pair. The EUR/USD H4 chart, as we approach the market close this Friday, displays a bearish sentiment with the pair trading around 1.0380. The price...
Bitcoin Bitcoin saw a remarkable price today, rising to 106,006 before correcting. The BTC/USD price is currently trading around 104,517. On the downside, the nearest support level is 104,000, which overlaps with the exponential moving average (EMA)...
Technical Indicators Analysis 100 EMA (Exponential Moving Average): The 100 EMA is currently acting as a dynamic resistance level, which reinforces the prevailing downtrend in the market. This suggests that the price is struggling to rise above this...
USD/JPY Technical Analysis and Forecast USD/JPY is trading in a strong uptrend, with the price hovering around 155.115. The market price is approaching a significant resistance level on the hourly chart: 155.30. A successful break above this level...