Category: Range

  • New Zealand CPI Fell to RBNZ’s Target Range in Q2 2024

    New Zealand’s quarterly CPI reading came in slightly weaker than expected at 0.6% versus 0.7% in the second quarter of 2024, bringing the annual inflation reading down from 3.3% to 2.2% – within the central bank’s target range of 1-3%. This represents the slowest pace of increase in year-on-year price…

  • Chart Art: EUR/JPY’s Range Resistance Remains Intact!

    Euro speculators maintain their position against the yen ahead of the European Central Bank’s policy announcement! Do you think that the EUR/JPY pair will remain within its range pattern in the following trading sessions? Or is the pair ready to break through? EUR/JPY for 4 hours Chart by TradingView Within…

  • USDCHF this week settles in a higher up and down trading range.

    A week ago today, the USD/CHF pair broke to the upside and broke out of the “red box” that trapped the pair back to August 20. The US jobs report was the catalyst for the move to the upside, but by Monday, the price had fallen back to the top…

  • Chart Art: Will USD/CAD’s Range Resistance Hold?

    Dollar traders gather! The USD/CAD pair’s upside is capping around a key technical resistance area. Will the pair maintain its range pattern? Or will we witness a breakthrough? USD/CAD Forex 4 Hours Chart by TradingView In case you missed it, the US dollar rose a few points against its counterparts…

  • Chart Art: EUR/USD Is at a Range Support Ahead of the U.S. NFP Release!

    Looking for trade setups during the US Nonfarm Payrolls report? We have arrived! In case you missed this news, the EUR/USD pair looks like it is poised near a technical support level ahead of Uncle Sam’s employment updates. EUR/USD for 4 hours Chart by TradingView The euro is not having…

  • Bitcoin Predictions Range From $56K To $180K: Analysts

    This article is also available in Spanish. Bitcoin price has been a hot issue recently as different financial institutions offer different future pictures for it. Bitcoin is worth approximately $63,000 as of September 26, 2024; Shows some consistency after previous fluctuations. Related reading This price is still well above its…

  • Hamster Kombat futures in tight range ahead of airdrop

    Hamster Kombat futures were trading pre-market in a tight range as speculation mounted for upcoming airdrops and trading. Hamster Kombat (HMSTR) token was trading at $0.011 on Sunday, September 22 as the airdrop countdown continued. It is down more than 96% from its high point this year. Hamster Combat Airdrop…

  • USDCHF continues its up and down trading within trading range

    The USD/CHF pair continues to trade within a narrow range, oscillating between 0.8400 and 0.85368 since August 20 (a month ago now). Most of the price action has been contained within this range, with short-term extremes on either side quickly fading away. Key technical levels include the 100-bar moving average…

  • USDCHF continues its up and down trading within trading range

    The USD/CHF pair continues to trade within a narrow range, oscillating between 0.8400 and 0.85368 since August 20 (a month ago now). Most of the price action has been contained within this range, with short-term extremes on either side quickly fading away. Key technical levels include the 100-bar moving average…

  • Chart Art: Gold (XAU/USD) Still Stuck in a Range!

    Gold has risen to record highs over the past few days, but it appears to be struggling to break out of consolidation. Check out these turning points I’m watching! Gold (XAU/USD) Forex 1 Hour Chart by TradingView All this talk about the size of the Fed’s potential rate cut in…

  • Gold Technical Analysis – We remain stuck in the range

    Basic Overview Markets were waiting for the US non-farm payrolls report for a clear signal of a 25 or 50 basis point rate cut at the upcoming FOMC meeting, but instead we got a mixed report with some better details. As a result, the odds of a 50bp rate cut…

  • Chart Art: EUR/NZD Long-Term Range Support

    After being rejected at the long-term resistance level, the EUR/NZD pair now appears to be focused on testing support. Will the floor hold up again? Take a look at these turning points that I watch for on the daily time frame: EUR/NZD Daily Currency Pair Chart by TradingView A combination…

  • Chart Art: EUR/NZD Long-Term Range Support

    After being rejected at the long-term resistance level, the EUR/NZD pair now appears to be focused on testing support. Will the floor hold up again? Take a look at these turning points that I watch for on the daily time frame: EUR/NZD Daily Currency Pair Chart by TradingView A combination…

  • Bitcoin Price To ‘Chop’ Around This Range Until Q4, Analysts Say

    Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…

  • Bitcoin Price To ‘Chop’ Around This Range Until Q4, Analysts Say

    Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…

  • Markets will remain range bound until November elections: Wells Fargo By Investing.com

    Wells Fargo analysts believe the U.S. stock market is likely to remain rangebound until the November election. The bank said the pound, which recently fell 9.7% from its July peak to its August low, was now stuck between key support and resistance levels. Wells Fargo describes this as “no man’s…

  • Bitcoin price stuck in range as 2 charts signal big breakout

    Bitcoin price remained in a narrow range on August 19, continuing a consolidation phase that lasted for about two weeks. Bitcoin (BTC) was trading at $58,000, contributing to a 2.2% decline in the global cryptocurrency market cap, bringing it down to $2.06 trillion. Bitcoin continues to consolidate The unspectacular price…

  • Bitcoin price stuck in range as 2 charts signal big breakout

    Bitcoin price remained in a narrow range on August 19, continuing a consolidation phase that lasted for about two weeks. Bitcoin (BTC) was trading at $58,000, contributing to a 2.2% decline in the global cryptocurrency market cap, bringing it down to $2.06 trillion. Bitcoin continues to consolidate The unspectacular price…

  • Inflation in Israel rises back above target range

    Israel’s consumer price index rose 0.6% in July, slightly above expectations. In the 12 months to the end of July 2024, the inflation rate rose to 3.2% from 2.9% at the end of June, according to figures released by the Central Bureau of Statistics today. As a result, inflation rose…

  • RBI’s firm grip to keep rupee anchored in narrow range: Reuters poll By Reuters

    By Anant Chandak and Vivek Mishra BENGALURU (Reuters) – The outlook for the Indian rupee is little changed from last month as interventions by the Reserve Bank of India keep the currency, considered expensive compared to peers, in a narrow range, a Reuters poll of foreign exchange analysts showed. A…