As I analyze the daily chart for the Kiwi, I observe that the descending price channel was previously broken when the price surged through its upper border at 0.5665. Following this breakout, I notice that the Kiwi began to trend upward, forming an...
On Friday, I observed another sell signal when the price broke the 0.57543 support level from top to bottom. I noted that the price consolidated below this level, confirming a sell opportunity towards the 0.57178 support. I now consider this sell...
26 February 2025 NZD/USD slides further to near 0.5700 as the US Dollar gains ground recovering from the 11-week low. The NZD/USD extends its losing spree for the fourth trading day on Wednesday and slides to near the key level of 0.5700 in European...
Market Fundamentals: Market analysts widely anticipate that the Reserve Bank of Australia will keep interest rates steady at 4.35% in its upcoming policy decision. However, given Australia’s weaker-than-expected third-quarter Gross Domestic Product...
The chart illustrates Bitcoin’s price action on the hourly timeframe, incorporating Bollinger Bands and the Stochastic Oscillator. Initially, Bitcoin traded within a relatively narrow range, fluctuating around the middle Bollinger Band. This...
