Browsing: Descending

GBP/USD is positioned above the descending channel, suggesting a weakening bearish bias. The descending channel’s upper boundary acts as primary…

NZD/USD continues to trade within a descending channel pattern, reflecting an ongoing bearish bias. An upward correction is indicated as…

Digital assets hovered in the green on Thursday as Bitcoin finally hit the $100,000 milestone, currently trading at $102,835. Terra…

The EUR/JPY cross may depreciate further as the daily chart analysis suggests a prevailing bearish bias. A corrective move could…

EUR/AUD tests an immediate barrier at a nine-day EMA at 1.6308 level near the upper boundary of the descending channel.…

NZD/USD tests the upper boundary of the descending channel near the nine-day EMA at 0.5980 level. The 14-day RSI remains…

NZD/USD tests the 14-day Exponential Moving Average at the 0.6000 level. The 14-day RSI remains below the 50 level, indicating…

EUR/USD may return to the descending channel pattern as bearish bias is still in play. The nine-day Exponential Moving Average…

EUR/USD tests the upper boundary to re-enter the descending channel pattern. If the 14-day RSI falls below the 30 level,…

NZD/USD attempts to remain within the descending channel pattern. If the 14-day RSI breaks below the 30 level, it would…