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Tag: Analysis
NZD/JPY Price Analysis: Pair retreats to 87.50 as losses resume
NZD/JPY fell to 87.48 on Friday, extending its weekly losses. Indicators are dangerously close to oversold conditions, signaling a potential correction. Bearish momentum remains intact, […]
NZD/JPY Price Analysis: Pair tumbles and eyes break of 90.00-92.00 range
NZD/JPY fell 0.27% on Friday, trading near the 90.30 level. Pair tallied a 3-day losing streak and seems to be scaping the 90.00-92.00 range to […]
Analysis: 98% of NFTs Launched in 2024 Unprofitable, Only 0.2% Yield Gains
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NZD/USD Price Analysis: Pair saw a volatile session, high near 20-day SMA then retreated
NZD/USD pair traded volatile during Friday’s session, clearing all of its daily gains. Pair initially soared to a high around 0.5970 near the 20-day SMA […]
EUR/GBP Price Analysis: Bearish respite, indicators remain negative
EUR/GBP rose by 0.14% to 0.8320 in Thursday’s trading session. Bears took a breather after recent declines but technical indicators remain deeply negative. RSI signals […]
EUR/GBP Price Analysis: Consolidation on as the pair awaits directional cues
The EUR/GBP cross faced rejection at the crucial 100-day SMA last week, signaling a potential shift in trend. The cross might sideways within a range […]
EUR/GBP Price Analysis: Aiming higher with bulls recovering but with more work to do
The EUR/GBP currency pair continues to trade sideways between the 20 and 100-day SMA . RSI indicates recovering buying pressure and the MACD is green. Sellers […]
EUR/GBP Price Analysis: Sellers hit the gas and take further ground
EUR/GBP weakens further, and buying pressure continues to retreat. The RSI is moving dangerously near the oversold threshold. The 0.8380 presents a strong barrier against […]
NZD/JPY Price Analysis: Sideways consolidation persists, bears to stay cautious
NZD/JPY gained ground on Friday’s session, mildly to 89.95. The RSI holds near neutral territory, indicating a balance between buying and selling forces. The MACD […]