The technical setup for GBP/JPY points to a potentially healthy rebound provided that the pivot at 191.71 is maintained as support. With the RSI above 50, the market demonstrates a degree of bullishness, despite the MACD being positive but still...
Tokyo’s inflation data came in higher than the previous month, with headline Consumer Price Index (CPI) inflation rising to 3.0% year-over-year from 2.6%. Core CPI, which excludes fresh food and energy, climbed to 2.4%, up from 2.2%, though slightly...
The technical outlook for GBP/NZD is currently mixed, yet there is a potential for an upward move if the price can successfully defend the pivot level of 2.1911. Although the RSI is below 50—which typically indicates a lack of strong bullish...
USD/JPY currently exhibits a healthy bullish configuration that hinges on the strength of the pivot at 154.59, which is serving as a critical support level. The market is in a positive state, as demonstrated by the RSI being well above 50,...
USD/JPY is currently positioned in a healthy bullish configuration as long as the pivot point at 154.59 continues to serve as support. Technical indicators reinforce this outlook: the RSI is comfortably above 50, indicating sustained buying...
