Dollar Tries to Extend Gains

BTCUSD falls temporarily below 60,000 ahead of halving Momentum indicators point to intensifying downside pressures BTCUSD (Bitcoin) experienced a strong pullback following the formation of a triple top pattern, sliding below its 50-day simple moving average (SMA). Meanwhile, the price dropped to a fresh six-week low a tad beneath the 60,000 psychological mark, just a couple of days ahead of […]

The Euro recently encountered resistance at the 1.0890 level against the US Dollar, prompting a downside correction. This decline was marked by a break below a key bullish trend line, with support situated at 1.0860 on the hourly chart of EURUSD. Meanwhile, the USDCHF pair is demonstrating positive momentum, trading above the 0.9110 resistance zone. […]

DXY: The DXY (US Dollar Currency Index) chart currently exhibits a bullish overall momentum, indicating strength in the US Dollar. According to your analysis, there is potential for a bullish breakout through the 1st resistance level and a subsequent rise towards the 2nd resistance level. The 1st support level at 102.66 is considered significant for […]