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...
The EUR/USD currency pair experienced a setback on Friday, closing 0.20% lower at approximately 1.0285. This decline reflects the pair's ongoing struggle to break above the 20-day Simple Moving Average (SMA), indicating a persistent resistance to...
The GBP/NZD pair faces a critical juncture, oscillating between the potential for a rise of 92 to 137 pips and the risk of further declines. At the heart of this outlook lies the pivot point at 2.1717, a level that represents the tipping point for...
The Average True Range (ATR) is a technical analysis indicator used in forex trading (and other markets) to measure market volatility. Introduced by J. Welles Wilder Jr. in his book "New Concepts in Technical Trading Systems," ATR helps traders...
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...
