archiveTechnical Analysis

Pi Network (PI) recovers by 1% at press time on Wednesday after six consecutive bearish candles. The technical outlook indicates a bearish inclination in the days leading up to July’s biggest token unlock, while sentiments remain muted following the Pi2Day announcements.  Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of weakness mid-week as bullish momentum continues to fade. BTC extends its decline to trade below $106,000, while ETH and XRP slip below their key support levels, raising concerns of a deeper correction on the horizon. If BTC continues to face a pullback...

EUR/USD fluctuates in a narrow channel above 1.1700 on Monday.The near-term technical picture suggests that the bullish bias remains unchanged.Comments from central bankers could trigger the next big action in the pair.EUR/USD seems to have entered a consolidation phase above 1.1700 on Monday following the previous week's impressive rally. Euro PRICE This month The table below shows the percentage change of Euro (EUR) against listed major currencies this month. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -2.95% -1.39% 0.13% -0.98%...

AUD/JPY consolidates for third day but lifts 0.21% as high-beta FX gain on peace news.Trump confirms full ceasefire between Israel and Iran via social post.Pair eyes June high at 94.83; break above 95.00 could expose 97.32 and 99.15 YTD peak.The AUD/JPY consolidates within the 93.80-94.70 range for the third straight trading day, yet it is slightly up 0.21%, trading at 94.35 as Tuesday’s Asian session begins.Breaking news revealed that US President Donald Trump posted on his social network that Israel and Iran had fully agreed to a total ceasefire, which...