The NZD/USD currency pair exhibits a bullish trend, with a potential rise of 31 to 46 pips, as long as the support at 0.5572 holds. The RSI, trading above 70, suggests that the pair is in a strong uptrend, but it may also indicate an overbought...
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/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...
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 USD/JPY pair on the H1 timeframe demonstrates a clear structure of price movements influenced by both technical and fundamental factors. The current market level at approximately 157.72 reflects a phase of consolidation following a strong...