Tag: currency
Bitcoin Price (BTCUSD) Forecast – November 7, 2024
Jennifer -
Bitcoin (BTC) has recently experienced a decline, testing the previously breached resistance level of its bullish channel. For the cryptocurrency to maintain its upward...
Ethereum Price Forecast: Support Breaks on November 5, 2024
Jennifer -
Ethereum (ETHUSD) has decisively broken below the $2,432 support level, settling under it and indicating a period of negative pressure in the upcoming sessions....
Bitcoin Price Forecast: Continued Decline on November 5, 2024
Jennifer -
Bitcoin (BTCUSD) has resumed its downward trajectory, recently reaching the $67,000 mark. This movement reinforces expectations of a persistent bearish trend in the short...
Bitcoin Price Update: Continued Decline and Forecast for November 1, 2024
Jennifer -
The price of Bitcoin (BTCUSD) continues to experience downward pressure, achieving the negative target of $69,605 outlined in our previous technical analysis. The cryptocurrency...
EURNZD Price Update: Bullish Breakthrough and Forecast for November 1, 2024
Jennifer -
The EURNZD currency pair has successfully resumed its bullish momentum, breaking through the resistance level at 1.8150. This move confirms a shift towards a...
CHFJPY Price Analysis and Forecast – October 31, 2024
Jennifer -
The CHFJPY currency pair has consistently closed below the 177.25 level, increasing the likelihood of triggering the previously suggested corrective bearish trend. The stochastic...
Nifty IT Down Over 3%: Factors Behind the Decline in IT Stocks
Jennifer -
The Indian stock market's Nifty IT index experienced a notable downturn on Thursday, falling by nearly 3.5%. This decline in the IT sector can...
EURJPY Breaks Through Resistance – Forecast for October 28, 2024
Jennifer -
The EURJPY currency pair has successfully overcome negative pressures, creating a price gap that allowed it to surpass the 164.75 barrier. The pair has...
EURNZD Exhibits Positive Momentum – Forecast for October 28, 2024
Jennifer -
The EURNZD currency pair has shown renewed bullish momentum, with recent price movements indicating an upward trend. Following a rally in the stochastic indicator...
How is Gold Weighed in Taiwan?
Jennifer -
Gold, a timeless symbol of wealth and prosperity, has been used for centuries as a currency and a store of value. In Taiwan, like...
What is a Bear in Forex Trading?
Jennifer -
In the realm of forex trading, market sentiment plays a crucial role in influencing currency values. Traders and investors must constantly analyze market conditions,...
Where Is Blockchain Used Other Than Cryptocurrency?
Jennifer -
Blockchain technology has gained significant attention in recent years, primarily due to its association with cryptocurrencies like Bitcoin and Ethereum. However, the potential applications...