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BTCUSD manages to halt its short-term decline But its rebound encounters resistance around 40,000 Momentum indicators still deep in their negative zones BTCUSD (Bitcoin) has experienced a strong decline from its recent two-year peak of 49,051, dropping to as low as 38,460. Despite the price’s attempt for recovery, the short-term oscillators are still heavily tilted to the […]

The post BTCUSD Pauses Selloff and Battles with 40,000 appeared first on Action Forex.

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26/08/2024

News of the Week (August 26— August 30): EURUSD Analysis!

EURUSD presents enticing opportunities for all traders—keep watching! The EURUSD pair, often referred to by traders as the “Fiber,” is the most traded currency pair in the Forex market. It reflects the Euro’s relative strength against the US Dollar, two of the world’s most significant currencies. The US Dollar’s value is heavily influenced by economic […]
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EUR/USD Shows Strength Amid Anticipation of Key Events

The EUR/USD pair is exhibiting resilience, navigating around the 1.0850 mark on Tuesday, following a sequence of rises in the previous two sessions. The current market atmosphere is one of cautious optimism, as participants brace for significant upcoming events, including a speech by Jerome Powell, the head of the US Federal Reserve, and the release […]
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USDJPY Wave Analysis

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