The NZD/JPY pair appears to be in a consolidation phase, with critical technical levels determining its next move. The pivot point at 87.05 is of particular importance, as it acts as a key support level. If the price rebounds from this point, a rise...
The AUD/USD pair is expected to experience an upward movement of 21-41 pips, contingent on maintaining its position above the pivot level of 0.6160. In this scenario, long positions are favored, with targets identified at the 0.6215 and 0.6235...
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...
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,...
The NZD/USD pair is currently exhibiting a bullish trend, with an expected rise of 31 to 46 pips if the support level at 0.5572 holds. The RSI above 70 signals that the market is in an uptrend, but it also suggests that the pair could be in...