BTCUSD Analysis: Important Support Under Threat
On May 7, Binance, the largest cryptocurrency exchange, suspended the withdrawal of bitcoins twice due […]
Dollar Index: Dollar Comes Under Increased Pressure on Rate Peak Speculations, US Loans
The dollar index started the week in negative mode, pressured by speculations of a peak […]
EURUSD Extends Sideways Move, Failing to Post Higher High
EURUSD had been in a steady uptrend after finding its feet at the March low of […]
EUR/USD Faces Significant Resistance, Dollar Weakens Further
Key Highlights EUR/USD is facing strong resistance near 1.1090. A key bullish trend line is […]
WTI Oil: Recovery from New Multi-Month Low Likely to be Limited as Negative Fundamentals weigh
WTI contract is holding in recovery mode for the second straight day, following a dramatic […]
EURGBP Selling May Continue
EURGBP erased Tuesday’s fast pickup, extending its two-day decline to a new one-month low of […]
USDCAD Hovers Near 1.3500 after the Pullback from 1.3640
USDCAD is diving beneath the 1.3500 psychological mark and the 20-day simple moving average (SMA) […]
AUD/USD and NZD/USD Target Additional Gains
AUD/USD is moving higher and might climb further higher above 0.6740. NZD/USD is also rising […]
GBP/USD: Cable Hits New 2023 High on Results of UK Local Elections/Weaker Dollar
Cable hit new 2023 high in early Friday, lifted by results of UK local election, […]
USD/JPY Extends Losses While Gold Spikes To New ATH
Key Highlights USD/JPY started a fresh decline after the Fed rate hike. It broke a […]
USDCHF Rally Should Fail for More Downside
The 45 minutes chart below shows $USDCHF ended wave 1 at 0.885 and rally in […]
EURCAD Buying The Dips At The Blue Box Area
Hello fellow traders. In this technical article we’re going to take a quick look at […]