Technical analysis of GBPNZD Today I picked GBP/NZD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 2.2560, the...
The ongoing geopolitical tensions surrounding the Russia-Ukraine conflict continue to add volatility to the forex market, with the Swiss Franc (CHF) gaining appeal as a safe-haven currency. Russian President Vladimir Putin recently indicated that...
GBPJPY TECHNICAL ANALYSIS The GBPJPY currency pair is currently trading at 191.102 and remains within a defined range of 187.011 to 194.777. The overall trend continues to exhibit bullish characteristics as long as the pair sustains trading above...
GBPJPY CURRENCY PAIR ANALYSIS It turns out that last Wednesday gbpjpy failed to retrace around the price of 192.39. This happened because yesterday gbpjpy was still able to continue its increase to a higher level. After the area at the price of...
USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...