General Points about NZDJPY: We can see that the NZDJPY market closed at the 87.40 level, and it has the potential to move further downward. Sellers are gaining momentum, and the pair may continue its decline if bearish pressure persists. A bearish...
Technical Analysis AUD/USD D-1 Chart Technical Analysis From a technical perspective, caution is advised. AUD/USD’s key support is at 0.6087, the lowest level in 2025, a break below which could push the pair towards the psychological 0.6000 level....
The GBP/JPY currency pair staged a recovery on Tuesday, rebounding to around the 193.00 level during the European session after earlier losses. This rebound was fueled by improved investor sentiment following the US decision to postpone planned...
February 5, 2025 The EUR/USD pair is trading around 1.0390, reflecting a slight decrease from the previous session's close of 1.0345 The USD struggles to lure buyers amid Fed rate cut bets and lends support to the major. Concerns about Trump’s...
#NZD/USD If we look only at the technical data, then after yesterday's fall to determine the support level of 0.5508, we could expect a short-term sideways movement, but it was not there, as the prices after rebounding from the support rose,...