The GBP/JPY pair is showing potential for an upward move, with key resistance at 193.33 acting as a target for bullish traders. Investors are closely monitoring price action while considering fundamental and technical factors that influence the...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it. It is only...
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I observe that the NZD/USD pair has shown notable upward momentum recently, aligning with key levels established since late January. I note that the price remains above the senior moving average, currently positioned at 0.5825, which reinforces my...
Technical analysis of EURJPY Today I will start technical analysis on EUR/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below the resistance level at 161.13 and above...