expectations of a decline between 47 and 70 pips if the price continues to trade below the critical pivot point of 1.2536. This level represents a key resistance zone that has historically acted as a barrier to upward movement, and as long as the...
EUR/USD Daily Technical Analysis EUR/USD experienced selling pressure yesterday, as the price faced rejection from the $1.04400 level and closed at $1.03980. Today’s price action shows a further decline toward $1.03500, a key support level, where...
USD/JPY Technical and Fundamental Analysis Technical Analysis: On the H4 timeframe, USD/JPY is in a downtrend, as the price is moving lower along a trendline. It is trading below the 200-day Simple Moving Average (SMA) and has formed a significant...
BTC/USD Update H1 Chart: The BTC/USD market is in a bear market, with the price falling sharply after touching a daily high of 99085. However, the market is trading at 96168, indicating a bullish trend. The BTC/USD market price fell below the 100...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
