The NZD/JPY pair’s bullish outlook is supported by a well-defined technical framework, suggesting an upward movement of 56 to 82 pips as long as the pivot point at 86.86 remains unbroken. The RSI’s position above 50 reflects a strong market...
NZD/JPY’s current market structure indicates an optimistic outlook, driven by robust technical factors. The pair’s pivot point at 86.86 acts as a linchpin, ensuring that the bullish momentum remains intact. The preferred scenario anticipates a rise...
The NZD/USD currency pair is demonstrating a bearish outlook, with an anticipated decline of 29 to 43 pips based on the provided analysis. The pivot point at 0.5608 remains a pivotal resistance level, with the downside bias prevailing as long as the...
Market speculation surrounding the European Central Bank's next policy decision is a key driver of the pair movements. Traders are widely anticipating a 25 basis point (bps) cut in the Deposit Facility Rate at the upcoming ECB meeting. Earlier...
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,...