NZD/JPY currently exhibits a technical structure that suggests a potential movement of 66 to 93 pips, depending on how price action develops around the pivotal level of 86.27. This key level acts as a determinant of direction, meaning that as long...
Analyzing the movement of the USDCAD currency pair, we can see that Friday's market activity showed significant price strengthening, with the daily range covering a notable upward movement. The price nearly reached a strong resistance level at...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
AUDUSD AUDUSD outlook: The Australian Dollar (AUD) has been under pressure recently, continuing its bearish trend against the U.S. Dollar (USD). This is largely due to the strength of the U.S. Dollar, supported by resilient economic data and hawkish...
February 5, 2025 The GBP/USD pair is trading around 1.2530, reflecting a recent upward trend. Technical Indicators: Moving Averages: The pair is trading above its 20-day Simple Moving Average (SMA), indicating a bullish trend. Relative Strength...
