USD/JPY pulls back after testing the 50-Day SMA (132.32) for the first time since November, but the exchange rate may stage further attempts to push above the moving average as it no longer exhibits the range bound price action carried over from last month. USD/JPY no longer exhibits range bound price action USD/JPY seems to […]
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Bitcoin is in a “transition phase,” consolidating below $70,000 after retreating from $71,000, however the recovery lacks the “ingredients of a decisive bullish turn”. Despite accelerating institutional inflows into US Spot Bitcoin ETFs, the average Read more…
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Key Highlights GBP/USD started a recovery wave above 1.3380. A major bearish trend line is forming with resistance at 1.3450 on the 4-hour chart. Crude oil prices saw heavy swing moves above the $80.00 pivot Read more…