EUR/GBP UPDATES The EURGBP pair experienced a decline towards the demand area 0.8435 - 0.8429, making the direction of the bullish trend weaken. The reason is that the price is currently still below the 200 SMA, while the 50 EMA appears to be...
EUR/JPY analysis: When EUR/JPY approaches the level of 171.30, it presents an opportunity for traders to assess the potential for further market movements. Specifically, if the pair manages to overcome this level, it may trigger a significant...
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...
Update Analysis of NZD/USD Time frame H4:- Today's Asian session was silent, activity in the FX market was very low, and NZDUSD prices appear to be stuck at the middle end of the current trading range on the 4-hour chart, despite several attempts by...
US West Texas Intermediate (WTI) crude oil prices took a tumble on Tuesday, falling below $80.50 after briefly touching $81.50. This decline stemmed from a combination of factors. First, optimism lingered in the market that crude oil stockpiles...