The USD/JPY pair on the H1 timeframe demonstrates a clear structure of price movements influenced by both technical and fundamental factors. The current market level at approximately 157.72 reflects a phase of consolidation following a strong...
The NZD/USD currency pair is currently showing bullish characteristics, with an expected upward movement of 31 to 46 pips as long as the support level at 0.5572 holds. The RSI above 70 indicates that the market is likely in an uptrend. However, the...
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...
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...
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,...
