The technical analysis of NZD/JPY suggests that the pair is in a consolidative phase, with key levels that could determine the future direction. The pivot point at 87.05 is crucial, as it serves as a baseline for the market’s movements. If the price...
The forecast for AUD/USD suggests an upward movement of 21-41 pips if the price maintains trading above the 0.6160 pivot level. With this pivot level acting as a critical point, traders are advised to take long positions above it, targeting...
In the given scenario, AUD/USD is expected to rise by 21-41 pips if it trades above the pivot point of 0.6160. The primary strategy for traders would be to go long once the price stays above this level, with targets at 0.6215 and 0.6235. The RSI...
The technical indicators for NZD/USD suggest a bullish trend with the potential for a rise of 31 to 46 pips, provided the support at 0.5572 holds. The RSI is currently above 70, a typical sign of an overbought market, but also a sign of a strong...
AUD/USD managed to regain the smile and leave behind four consecutive daily retracements on Monday, gathering some traction soon after hitting lows not seen since April 2020 near 0.6130.The pair remains weak and faces the next support at the 2025...
