The AUD/USD pair is currently trading around 0.6200 during the European session on Tuesday, pausing its recent recovery. The pair faces a complex mix of fundamental and technical factors that are influencing its direction. On the fundamental side,...
NZDUSD currency pair - let’s consider the D1 period chart. January was passed earlier, and the movements were in different directions. There was a good upward correction, which was preceded by a bullish divergence on the MACD indicator used, but...
The GBP/NZD pair currently presents a bearish outlook, with the technical configuration firmly suggesting a downside move in the range of 129 to 173 pips. The pivot point at 2.2175 is acting as a strong resistance level, and as long as the price...
USD/JPY USD/JPY is showing some interesting price action today, with both technical and fundamental factors driving the market. Technical Analysis: Yesterday, the pair faced some selling pressure, breaking below 154.96 and nearly touching 153.75...
As investors supported the US dollar against the Japanese yen in a risk-on market environment, the USD/JPY rapidly increased over 155.00. US President Trump postponed a 25% tariff order on Canada and Mexico for 30 days. Investors anticipate the US...
