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...
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...
February 5, 2025 The GBP/USD pair is trading around 1.2530, reflecting a recent upward trend. Technical Indicators: Moving Averages: The pair is trading above its 20-day Simple Moving Average (SMA), indicating a bullish trend. Relative Strength...
General Points about USDJPY The USD/JPY market has reached the 153.15 level and could potentially move higher, signaling a possible continuation of the upward trend. After a period of volatility caused by recent USD-related news events, I believe...
Technical analysis of the GBPUSD pair The technical analysis of the pair on the 4-hour chart shows the beginning of a correction downwards and then a return to the upside again. During this week, the price started trading with a price gap...