Tag: zone
USD/JPY Rebounds Ahead of June Low to Keep RSI Out of Oversold Zone
Japanese Yen Talking PointsUSD/JPY appears to be reversing ahead of the June low (128.60) as it attempts to halt a four-day decline, and the exchange [...]
EUR/USD Eyes Former Support Zone After Staging Four Day Rally
EUR/USD Rate Talking PointsEUR/USD extends the series of higher highs and lows from last week on the back of US Dollar weakness, and the exchange rat [...]
Historically accurate Bitcoin metric exits buy zone in ‘unprecedented’ 2022 bear market
Bitcoin (BTC) is enjoying what some are calling a "bear market rally" and has gained 20% in July, but price action is still confusing analysts.As the [...]
Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone
Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVie [...]
EFCC storms BDC office in Wuse zone 4 over alleged forex smuggling
Operatives of the Economic and Financial Crimes Commission, EFCC today, Friday stormed Wuse Zone 4, Abuja, home to most bureau de change operat [...]
Trying to Sell EUR/USD Below the 1.0250-70 Resistance Zone
EUR/USD turned quite bearish earlier this month, pushing below the parity level and reaching 0.9950s, before reversing higher, claiming back some of t [...]
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
“Now that we have clear digital asset definitions established, a milestone that many governments have still failed to achieve, we can move forward. Th [...]
Gold Bounces-off $1,820 Support Zone – Quick Daily Outlook
The gold price fluctuated within a range of $1,821.88-1,835.00. Investors anticipate a decisive move in the precious metal as they await US Durable Go [...]
Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone
Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before Monday.BTC/USD 1-hour candle cha [...]
USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone
Canadian Dollar Talking PointsUSD/CAD snaps the series of lower highs and lows from the start of the week even as Canada’s Consumer Price Index (CPI) [...]
NZD/USD Rebound Materializes as RSI Reverses Ahead of Oversold Zone
NZD/USD appeared to be on track to test the June 2020 low (0.6185) as it traded to a fresh yearly low (0.6196) earlier this week, but recent price ac [...]
Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ethereum's native token Ether (ETH) entered its "oversold" territory this June 12, for the first time since November 2018, according to its weekly rel [...]
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
The recent downtrend in price has stabilized above the May 12 low at $25,338, which contributed to rising momentum on the daily chart. For example, th [...]
AUD/USD Forex Technical Analysis – Bullish Traders Targeting .7245 – .7343 Retracement Zone
The Australian Dollar finished higher on Friday, powered by a combination of strong domestic retail sales data and U.S. data that eased fears over a p [...]
Euro Maintains Bid on Mixed Euro Zone PMI
EUR/USD, EUR/GBP Analysis and Talking PointsMixed Euro Zone PMI Amid Robust Services SectorECB Rate Hike Chatter Underpins the EuroEUR/GBP Eying YTD [...]