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 GBP/USD market analysis highlights a bearish inclination, primarily dictated by the pivot point at 1.2205. This level represents a critical threshold, with downside momentum prevailing as long as the price remains below it. The RSI indicator’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 technical landscape for USD/JPY continues to favor bullish tendencies as the pair maintains its position above the pivotal level of 155.54. This key support point, if held, opens the door for potential advances to resistance levels such as...
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...
