The NZD/JPY pair is currently positioned in a technical landscape where price movement is dictated by critical levels of support and resistance. At present, the market shows potential for a rise of 66 to 93 pips, assuming that the price remains...
The NZD/JPY currency pair is currently presenting a potential upward movement ranging between 66 to 93 pips, indicating that the market may see a bullish rebound if certain conditions are met. The pivot point, which serves as a critical level for...
GBP/USD Price Action Momentum GBPUSD resumed its bullish rely. Buyers managed to bring the price out of the sideway area. The dollar index which weakened significantly again made GBPUSD rise again. The price position tonight is in the resistance...
Technical Analysisound Sterling rises to near 50-day EMA The Pound Sterling declines against its major peers as traders price in a 25 bps interest rate cut by the BoE on Thursday. Investors should brace for high volatility amid uncertainty over...
General Points about USDCHF: Although there are no scheduled news events for CHF in this week's calendar, USD-related events have been causing a significant impact on the USD/CHF market. Economic data releases such as JOLTS Job Openings, ISM...