Things are bad when there is a need to look far into the past to draw support lines. EUR/USD is no exception in that regard. At the time of writing, EUR/USD had touched 1.05856 – its lowest level since April 2017. Pummelled by escalating events related to war in Ukraine, further lockdown fears in China, […]
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In our previous analysis of Bitcoin’s price (14 April), we: → constructed a long-term ascending channel (marked with blue lines); → highlighted resistance level R, suggesting that the bulls were seizing the initiative in an Read more…
The EUR/USD pair surged to a fresh three-year peak on Monday, holding steady at 1.1518 amid growing unease over US economic policy. Key Drivers Behind the EUR/USD Rally Investors returning from the Easter break were met with Read more…
Daily Pivots: (S1) 188.59; (P) 188.92; (R1) 189.33; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target Read more…