The NZD/JPY pair appears to be in a consolidation phase, with critical technical levels determining its next move. The pivot point at 87.05 is of particular importance, as it acts as a key support level. If the price rebounds from this point, a rise...
The EUR/USD currency pair continued its downward trajectory on Monday, reaching a fresh 26-month low of 1.0200, a level not seen since late 2022. This decline occurred against a backdrop of lackluster European economic data and the anticipation of...
The forecast for AUD/USD suggests an upward movement of 21-41 pips if the price maintains trading above the 0.6160 pivot level. With this pivot level acting as a critical point, traders are advised to take long positions above it, targeting...
The AUD/USD pair is poised for a possible upward movement of 21-41 pips, provided it stays above the pivotal level of 0.6160. This suggests a bullish outlook, with traders encouraged to take long positions once the price remains above this key...
GBP-USD PAIR ANALYSIS For the market trend in the early trading session this week, the price was seen to have experienced a bearish rally but was still blocked by the 161.30 level so that the price again experienced an upward correction with a...