Despite the earlier move above the 1.0300 barrier, EUR/USD’s daily uptick ran out of steam and slipped back to the 1.0280-1.0290 band amid the marginal retracement in the US Dollar.EUR/USD remains vulnerable, with key support levels at 1.0176 (YTD...
The technical analysis of USD/JPY reveals that the currency pair is currently experiencing a mixed trading environment, with indicators suggesting both bearish and bullish possibilities. The pivot point at 155.89 is critical, as it serves as a...
The NZD/USD currency pair saw a slight 0.30% increase on Wednesday, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This move above the SMA could act as a trigger for a bullish shift in the market, as it suggests that the...
The NZD/JPY pair is showing clear signs of bearish momentum, with a potential decline of 53 to 79 pips in the near future. The pivotal resistance level at 88.21 plays a key role in determining the market direction. As long as the price remains below...
The GBP/JPY currency pair is currently experiencing a state of indecision in the market, characterized by a series of mixed signals from various technical indicators. The primary focus is on the pivot point, which stands at 190.64. This level is...
