The USD/JPY's upward trajectory is underscored by a combination of technical indicators and market sentiment, pointing towards an expected rise of 88 to 132 pips. A key driver of this movement is the pivot point at 155.54, which acts as a...
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...
EUR/USD If the price value of EURUSD had consolidated above the level of 1.0300, then we could have gone higher. But alas, during the American trading session, the EURUSD quotes began to decline. And so, in small steps we reach the level of 1.0260....
The GBP/NZD currency pair is navigating a mixed technical landscape, with traders eyeing a possible rise of 92–137 pips. The preference for a rebound toward 2.1920 hinges on maintaining support above the pivot point at 2.1717, a critical level that...
The EURUSD pair is still under pressure from the strengthening US Dollar. In the previous trading session, the price attempted to rise above the 1.0300 psychological level, but was blocked by the EMA 50 and only consolidated. The bearish trend is...