The NZD/JPY pair’s bullish outlook is supported by a well-defined technical framework, suggesting an upward movement of 56 to 82 pips as long as the pivot point at 86.86 remains unbroken. The RSI’s position above 50 reflects a strong market...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
The NZD/JPY currency pair is exhibiting bullish tendencies, supported by a technical setup that suggests a potential upward movement of 56 to 82 pips. The pivot point at 86.86 serves as a critical level, underpinning the overall upward trajectory....
NZD/JPY’s current market structure indicates an optimistic outlook, driven by robust technical factors. The pair’s pivot point at 86.86 acts as a linchpin, ensuring that the bullish momentum remains intact. The preferred scenario anticipates a rise...
The NZD/USD currency pair exhibits bearish tendencies, reflected in the technical analysis that suggests a potential fall of 29 to 43 pips. The pivot point at 0.5608 serves as a significant resistance level, acting as a critical threshold that...
