Tag: Downtrend
Crude Oil Resumes Downtrend, Despite Expected China Demand
It seemed like crude Oil was going to turn bullish, as the US economy starts to rebound while China is reopening after three years of restrictions and [...]
BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari
The Binance-native blockchain BNB Chain has continued to show steady activity growth in the fourth quarter of 2022 despite the broader crypto bear mar [...]
Oil Downtrend in Question on OPEC Meeting, EIA Inventories and FED
Crude Oil has been bearish since June last year with central banks picking up the pace of rate hikes and the global economy heading into a recession. [...]
USD/JPY Breaks Key Downtrend Line But Bulls Have Work to Do
USD/JPY Price, Chart, and AnalysisUSD/JPY has seen modest gains in JanuaryThey’ve taken it through a previously dominant downtrendHowever it’s still q [...]
USD/JPY Resumes Downtrend, As Technicals and Fundamentals Point Down
USD/JPY was retracing higher on a bullish trend since the crash post BOJ pivot in the third week of December, but the upside momentum didn’t continue [...]
Natural Gas Slipping Below $4, As Warm Winter Keeps Downtrend On
Oil and Gas prices surged higher in spring this year as the conflict in Ukraine surged and the sentiment turned negative. Gas approached the $10 level [...]
Is USD/JPY Resuming Downtrend After the Retrace Higher?
USD/JPY used to be on a strong bullish trend throughout this year until late October, as the Bank of Japan (BOJ) and the Ministry of Finance of Japan [...]
GBP/USD Breaks Downtrend at 1.2000; Time to Buy?
GBP/USD is hovering around 1.2010 as it seeks clarity amid contradictory signals and the end-of-year holiday season. The cable pair GBP/USD welcomed b [...]
Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
Canadian Dollar, USD/CAD, Australian Dollar, China PMI – Asia Pacific Market Open
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FX Daily: Too early for a broad dollar downtrend
USD: Weakness may not last longYesterday’s US CPI read dealt a big blow to the dollar. Decelerating core inflation (0.3% month-on-month) surely repr [...]
USD/CAD Trading Signal Update – What Could Drive a Downtrend?
The Canadian currency was relatively unchanged versus the United States dollar on Monday and continues to trade near $1.3837. However, USD/CAD stayed [...]
Crude Oil Resumes the Downtrend, As MAs Turn Into Resistance
Crude Oil has been bearish since June, as central banks picked up the pace of rate hikes and the global economy headed into recession. But, the Crude [...]
NZD/USD – Soc Gen say to watch 0.6010/0.6060 for signal to continue downtrend
Société Générale on the New Zealand dollar. Analysts at the bank say the recent interim NZD/USD low "near the lower limit of a multi-month down slopin [...]
Bitcoin (BTC) Technical Outlook – Long-Term Downtrend Remains in Play
Bitcoin (BTC) Charts and Analysis:Macro fundamentals continue to control Bitcoin’s price action.The odds of a breakout are shortening.
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Gold Steady Under $1,665 – Downward Trendline to Drive Downtrend
The gold price is trading at $1,655, following a strong surge. The gold price is undergoing a healthy pullback in the Tokyo session. As the bearish bi [...]