The New Zealand Dollar (NZD) is showing signs of a potential upward movement, with key resistance levels in focus. In the short term, the NZD could test the 0.5705 level before stabilizing, though the next resistance at 0.5725 is unlikely to be...
Today's Analysis: EUR/JPY Outlook In my analysis of the EUR/JPY currency pair, I've observed several key technical indicators and price movements that suggest a potential downward trend, despite some signals that might indicate short-term growth....
USD/JPY Short-Term Outlook Current Market Sentiment The H4 chart for USD/JPY is clearly exhibiting a bearish trend, with prices consistently moving downward. Recently, the price reached a resistance level at 154.029 but has since declined....
The Reserve Bank of New Zealand (RBNZ) has been compelled to adopt an aggressive policy-easing approach due to declining inflationary pressures, weakening labor demand, and sluggish business activity. Meanwhile, the U.S. Dollar faces headwinds as...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...