The USD/JPY pair on the H1 timeframe demonstrates a clear structure of price movements influenced by both technical and fundamental factors. The current market level at approximately 157.72 reflects a phase of consolidation following a strong...
The NZD/JPY currency pair is currently at a crossroads, with both bullish and bearish technical indicators. The pivot point at 87.05 is the key level to monitor, as it serves as a major support. If the price rebounds from this level, the next...
AUD/USD managed to regain the smile and leave behind four consecutive daily retracements on Monday, gathering some traction soon after hitting lows not seen since April 2020 near 0.6130.The pair remains weak and faces the next support at the 2025...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...
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...