As of Thursday, the AUD/USD currency pair is trading at approximately 0.6220 and is attempting to break above a descending channel on the daily chart. A successful breakout from this channel could weaken the current bearish bias in the market and...
The NZD/USD currency pair is currently trading at 0.5667, with the Relative Strength Index (RSI) slightly below the 70 level, indicating that the market is exiting the overbought zone but still retains bullish momentum. The price has recently broken...
Technical analysis of the EURUSD pair The technical analysis on the 4-hour chart shows the beginning of a new downward wave for the pair as the price is now trying to break a strong support area. During this week, the pair price is trading in an...
Daily Analysis of USD/JPY Currency Pair Overview Yesterday, the USD/JPY currency pair broke down below the significant support level of 154.75. However, the market quickly rebounded and surpassed this level again, indicating a potential false...
Bitcoin sank below $100 thousand: the market reacts to the initiatives of the White House On Monday, the cost of bitcoin dropped below the $100,000 mark for the first time in a week, despite the beginning of the presidential term of Donald Trump,...
