Retraces

The cryptocurrency market saw a significant pullback yesterday, with many assets falling to lower levels. Avalanche (AVAX) suffered a 15% decline from its recent local high of $28.01. This pullback has caught the attention of…

While the dollar is falling at a record pace, Bank of America said in a note on Tuesday that investors may be inclined to breathe a sigh of relief. However, the bank questioned whether the path was really clear yet. After a spike in…

Bitcoin jumped above $65,000 for the first time in weeks, but the Mt. Gox news sent the asset down more than $2,000 in minutes. The prices of several altcoins, which mostly represent the meme coin industry, have risen by…

USD/CAD has now regained its previous gains in today's trading. The price is now falling and testing the swing zone between 1.3604 and 1.3615. A move below this level would have traders looking towards the 38.2% retracement of the…

Bitcoin tried to take down the $52,000 level during the weekend but saw little success and is now down to $51,000 once again. Ethereum jumped to a new multi-year peak at over $3,100 but was stopped there, while XRP, ADA,…

The USDJPY moved lower after the Bank of Japan interest rate decision (no change) and statement/press conference. However, although the price was able to break below its key 100-day moving average at 147.557 and 61.8% retracement at 147.45,…

The USDCAD raced lower last week and continued that fall yesterday to a low of 1.36284. However, the move lower stalled, and the price moved back above a swing area between 1.3659 and 1.3668 (and held support on a dip). Sellers turn the…

NZDUSD drops below 100 hourly. The seller takes control.the NZDUSD New Zealand dollar / US dollar NZD/USD is a commonly offered currency pair that…

XRP has seen a price rebound of over 15% after initially hitting a 10-month high over the past week. Last week saw the world's sixth largest cryptocurrency by market capitalization rise to more than $0.58. The last time this digital asset…