The NZD/USD pair is currently reflecting a bearish sentiment, with technical analysis indicating a potential decline of 29 to 43 pips. The pivot point at 0.5608 is a critical resistance level that shapes the immediate market outlook. As long as the...
The technical analysis of NZD/JPY highlights a constructive outlook, with the pair poised for a potential rise as long as the pivotal support at 86.86 holds firm. The projected upward movement to 88.04 aligns with the underlying bullish sentiment,...
GBP/JPY is in a precarious technical state, with indicators pointing to potential downside risk despite its relative proximity to critical pivot and resistance levels. The pivot at 190.79 is instrumental in defining the immediate trajectory, as...
The GBP/JPY pair's technical structure suggests that bearish momentum could dominate in the short term unless significant changes occur in market conditions. The pivot point at 190.79 acts as a pivotal threshold, and the pair's inability to sustain...
The NZD/JPY currency pair continues to display an intricate balance between technical and fundamental influences, making it a focal point for traders seeking opportunities in the forex market. Anchored by the critical support level of 86.86, the...