The USD/JPY pair currently exhibits a compelling technical setup, suggesting potential bullish momentum with an anticipated rise between 88 and 132 pips. The pivot point at 155.54 acts as a crucial threshold, and as long as this level serves as...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Today, I am doing my trading analysis on NZD/USD. Looking at this timeframe of the NZD/USD market, the chart for NZD/USD shows that the NZD/USD hit $0.5573 on Friday, and NZD/USD is trading at 0.5577...
GBP/NZD’s outlook revolves around its ability to respect the pivot point at 2.1717, a crucial marker that could determine whether the pair achieves the projected rise of 92 to 137 pips. The preference for a rebound to 2.1920 highlights the market’s...
The USD/CHF currency pair exhibited stability on Friday, trading near the 0.9110 level during the Asian session, following three consecutive days of decline. This stability occurred despite ongoing weakness in the US dollar, which continued to lose...
The British pound sterling (GBP) experienced a significant decline against major currencies on Friday, following the release of disappointing retail sales data from the Office for National Statistics. This data revealed a 0.3% contraction in retail...