The NZD/USD currency pair is currently facing a resistance range at 0.5930, which also serves as an important profit-taking level. Traders should watch this range closely as it indicates where the price might encounter selling pressure, making it a...
The Pound Sterling has recently shown impressive resilience against the US Dollar, despite the latter's weakened stance. The US Dollar Index (DXY) dipped below 104.80, contributing to the GBP/USD pair climbing to 1.3040, marking a 0.41% increase....
CAD/JPY,H1 The CAD/JPY currency pair is currently trading at 110.256, reflecting a situation that has caught the attention of many market participants. Presently, the market sentiment surrounding this pair is predominantly bearish. This bearish...
Although traders are waiting for the levels from which the yen pairs can bounce down after this upward wave, the price of the pair on the 4-hour chart gives a new upward target, which is the weekly resistance level of 206.64. The price of the pair...
The market has taken a bearish turn, and a downward channel has opened up, indicating that sellers are currently dominating. As the downward momentum continues, I expect that the price will decline to the 157.515 level. This specific level is...