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 NZD/JPY currency pair presents a mixed outlook based on its technical indicators. Currently, the pivot point is situated at 87.05, which is a crucial level in determining the direction of price movement. The first target for the price would be a...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...
Based on the given analysis of AUD/USD, the price could rise by 21-41 pips if it stays above the pivot point of 0.6160. This is a clear indication of a potential bullish trend in the market, with the preferred approach being to take long positions...
The NZD/USD pair is currently exhibiting a bullish trend, with an expected rise of 31 to 46 pips if the support level at 0.5572 holds. The RSI above 70 signals that the market is in an uptrend, but it also suggests that the pair could be in...
