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/JPY currency pair is currently at a crossroads, with both bullish and bearish technical indicators. The pivot point at 87.05 is the key level to monitor, as it serves as a major support. If the price rebounds from this level, the next...
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,...
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...
USD/JPY drops to near 157.30 even though the US Dollar posts a fresh two-year high. Traders pare Fed dovish bets on the back of upbeat US NFP data for December. Deepening risk-aversion sentiment has improved the JPY’s safe-haven appeal The USD/JPY...
