BTC/USD Technical Analysis and Sentiment Overview The BTC/USD price is currently in a downtrend. Earlier today, it reached 102640 before quickly reversing and falling. At the time of writing, it is trading at 97402, which has broken below the key...
USD/CHF ANALYSIS D1 Period Chart Let’s analyze the USDCHF currency pair on the D1 period chart. The wave structure is still in the process of forming an upward trend, and we’ve seen a slight increase in price in the initial days of the new year,...
USDCAD TECHNICAL ANALYSIS At the base of H1 on the right, it appears that a buy signal has not yet appeared, namely a candlestick that is able to penetrate the upper line of the Bollinger Bands around the yellow rectangle 1.4500 to 1.4300, as long...
EUR-GBP PAIR REVIEW The EUR-GBP market showed a slightly aggressive movement in Monday's trading. The price had moved below its daily open which opened yesterday morning at 0.8295. Below this area, the EMA 633 H1 and EMA 200 H1 crossed with their...
The Reserve Bank of New Zealand (RBNZ) recently justified its rate cuts by citing a challenging economic outlook and subdued inflation, which has now returned to the central bank’s target range of 1% to 3%. Earlier this year, the RBNZ lowered the...