The USD/JPY pair on the H1 timeframe demonstrates a clear structure of price movements influenced by both technical and fundamental factors. The current market level at approximately 157.72 reflects a phase of consolidation following a strong...
The technical analysis of NZD/JPY suggests that the pair is in a consolidative phase, with key levels that could determine the future direction. The pivot point at 87.05 is crucial, as it serves as a baseline for the market’s movements. If the price...
The NZD/USD currency pair exhibits a bullish trend, with a potential rise of 31 to 46 pips, as long as the support at 0.5572 holds. The RSI, trading above 70, suggests that the pair is in a strong uptrend, but it may also indicate an overbought...
From my perspective, analyzing the EUR/USD pair on the H1 timeframe suggests a market currently dominated by bearish sentiment, but signs of potential recovery are starting to emerge. The price has been in a clear downward trajectory, breaking key...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...