The New Zealand Dollar (NZD) is facing strong selling pressure against the US Dollar (USD), with the NZD/USD pair struggling to hold above its key 20-day simple moving average (SMA). This critical support level has been rejected four times this week...
Bitcoin Trading Analysis: Bullish Momentum or Bearish Reversal? Bitcoin's recent price action has created a sense of optimism among traders. Yesterday, it surged towards the 59,400 level before rallying to test the 62,500 level, indicating strong...
Crude Oil Price Movement We are currently discussing the analysis of the price behavior of Crude Oil. We are currently moving towards the middle Bollinger band, situated at 82.36. We will observe whether the price breaks higher or reverses downward...
The Silver's price behavior analysis is currently open to discussion. Although Silver is formally declining within the descending channel, it is a minor correction within a more significant upward trend. The influential daily bearish candlesticks...
The EUR/JPY currency pair, which stands at 171.13 as of the current moment, is exhibiting a bearish trend. While the market appears to be moving slowly at present, there are compelling reasons to anticipate a significant movement in the coming days....