Tag: Downtrend

Japan doubtless will not intervene to reverse yen downtrend – Japan ex-top FX diplomat

Japan former high foreign money diplomat Naoyuki Shinohara spoke with Reuters. Highlights:Japan doubtless will not search to reverse the yen's downtrend with exchange-rate intervention as latest falls mirror financial fundamentals, former high foreign money...

Looming Debt Ceiling Deal to Go away Greenback Locked in Downtrend

By Mike Gleason, Cash Metals Alternate Because the debt ceiling struggle in Washington heads all the way down to the wire with the danger of a technical default looming, traders are rising nervous....

Lengthy-Time period Downtrend Stays however Indicators of Fatigue Seem

For many of Q1 2023 WTI crude oil costs oscillated between two very essential ranges as merchants tried to gauge the longer-term course of the commodity. The extent of resistance at $82.50 supplied...

NZD/USD – Soc Gen say to watch 0.6010/0.6060 for signal to continue downtrend

Société Générale on the New Zealand dollar. Analysts at the bank say the recent interim NZD/USD low "near the lower limit of a multi-month down sloping channel at 0.5565" also coincides with a...

Bitcoin (BTC) Technical Outlook – Long-Term Downtrend Remains in Play

Bitcoin (BTC) Charts and Analysis:Macro fundamentals continue to control Bitcoin’s price action.The odds of a breakout are shortening. Recommended by ...

Avalanche Might Continue Its Downtrend As Price Slips To $16

Avalanche had performed well over the past week, however, the coin depreciated significantly over the last 24 hours. It shed close to 12% over the past day. AVAX experienced tough resistance at the...

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