Despite doing an upward move during the last few sessions following the weak Chinese economic data released on Friday, EURAUD remains positioned within a severe downtrend. The Euro has been hammered of late as the ECB has embarked on its first tightening cycle in a decade with Europe facing a recession. While European policymakers have not been as blunt as their...
This is the daily chart of the BTCUSD... A DAILY cloe above the 9200 zone would be bullish. Price is also approaching the descending trend line and breaking it will give more bullish sentiment. Furthermore, breaking the 10400 zone where we have a a resistance line and a horizontal zone would give a stronger sentiments that the bulls are in control. We also have...