channel. This breakout needs to be accompanied by a break above the monthly pivot level. The monthly pivot level is a significant resistance point; surpassing it can indicate a shift in market sentiment toward a bullish trend. When the price closes...
Hello, GBP/USD is trading near 1.2700, weaker than the US dollar's renewal on Thursday. Downtick, however, lacks follow-through as traders wait for BoE policy announcements to place fresh bets. GBP/USD is trading within touching distance of the...
In Tuesday's session, the NZD/JPY pair saw promising upticks, edging closer to the 97.00 resistance point after a strong defence of the 20-day Simple Moving Average (SMA) at 96.30, which has proven to be resilient against sellers' attempts. The...
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BITCOIN DISCUSSION Bitcoin Discussion: Understanding the King of Cryptocurrencies Introduction: Bitcoin, the first decentralized cryptocurrency, has been the topic of discussion since its inception in 2009. Created by Satoshi Nakamoto, Bitcoin's...