EURUSD Wave Analysis

Key Highlights Gold is attempting a fresh increase from the $2,292 support zone. A major bearish trend line is forming with resistance at $2,355 on the 4-hour chart. EUR/USD could gain bullish momentum if it clears the 1.0780 resistance. Oil prices might continue to move up toward the $85.00 resistance. Gold Price Technical Analysis Gold […]

Market Picture The Asian session continues to be tough for cryptocurrencies. The total market capitalisation had risen to $2.05 trillion the previous evening, recovering from a drop earlier in the day. Still, selling prevailed again at the start of the new day on Thursday, bringing the capitalisation back to $2.0 trillion (+0.8% in 24 hours). […]

EURUSD holds above 20-day SMA but bias turns neutral Bulls still have a chance as field of support levels lies beneath But double-top formation hard to ignore EURUSD has retreated from last week’s 14-month high of 1.1213, erasing the short-term bullish bias. But the pair is so far managing to hold above the 20-day simple […]