The NZD/JPY currency pair is exhibiting bullish tendencies, supported by a technical setup that suggests a potential upward movement of 56 to 82 pips. The pivot point at 86.86 serves as a critical level, underpinning the overall upward trajectory....
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,...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
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 exhibits bearish tendencies, reflected in the technical analysis that suggests a potential fall of 29 to 43 pips. The pivot point at 0.5608 serves as a significant resistance level, acting as a critical threshold that...
