NZD/JPY currently exhibits a technical structure that suggests a potential movement of 66 to 93 pips, depending on how price action develops around the pivotal level of 86.27. This key level acts as a determinant of direction, meaning that as long...
AUD/USD As of today, AUD/USD continues to struggle near multi-year lows, with both technical and fundamental factors weighing on its movement. Technical Analysis: I’ve been tracking the downtrend, and AUD/USD recently tested the 0.6130 support...
If the pair successfully breaks below the support level of 156.70, bearish momentum will likely strengthen, allowing sellers to continue pushing the price downward. However, a mere breakout is insufficient; the price must remain below this level to...
Silent Points about NZDUSD: There is significant momentum in the NZD/USD market today, with the pair showing strength in the face of important economic events. This momentum is attributed to the upcoming release of the ADP Non-Farm Employment...
Core Points about USDCAD It is quite surprising that the USD/CAD market has dropped significantly from the 1.4500 level. The sharp decline indicates that selling pressure has increased, pushing the pair lower. Due to some fundamental effects, the...
