From my perspective, analyzing the EUR/USD pair on the H1 timeframe suggests a market currently dominated by bearish sentiment, but signs of potential recovery are starting to emerge. The price has been in a clear downward trajectory, breaking key...
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...
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...
USD/JPY drops to near 157.30 even though the US Dollar posts a fresh two-year high. Traders pare Fed dovish bets on the back of upbeat US NFP data for December. Deepening risk-aversion sentiment has improved the JPY’s safe-haven appeal The USD/JPY...
The NZD/JPY pair appears to be in a consolidation phase, with critical technical levels determining its next move. The pivot point at 87.05 is of particular importance, as it acts as a key support level. If the price rebounds from this point, a rise...
