After a recent shake-up in the crypto world, where Binance and its CEO pleaded guilty to AML violations, it was believed that EASYMARKETS:BTCUSD might take a hit. However, the popular crypto pair just took a pause from moving further north. Now from the technical perspective, we see that the pair is currently struggling with overcoming the 38000 mark....
With the upcoming interest rate announcement from the RBNZ, NZDUSD traders remain steady and not making any crazy moves yet. The expectation is for the decision to be without any fireworks and to come out neither with a hike, nor a cut. The rate is forecasted to remain at +5.50%. If so, we might not experience huge moves in NZD during the release, unless the press...
Looking at the technical picture of EASYMARKETS:USDJPY on our daily chart, we can see that, overall, the pair is still trading above a medium-term upside support line drawn from the low of March 24th. Lately, the rate has been seen distancing itself from that line. That said, from around the end of October, EASYMARKETS:USDJPY has been noticed trading in a...
