The NZD/USD pair shows signs of bullish momentum, particularly as the price hovers near the key pivot point of 0.5950. Price action suggests a potential rebound if support at 0.5950 holds and RSI continues trending above its neutral line at 50....
The GBP/JPY pair remains bullish as long as the price holds firm above the critical pivot support level near 190.62. A potential upside extension is expected, with price likely targeting the next resistance zones at 192.81 and possibly 193.77...
Market Fundamentals: The spot price maintained its upward momentum during early European trading on Friday, supported by a broadly weaker U.S. Dollar (USD) and increasing expectations of further interest rate hikes from the Bank of Japan (BoJ)....
USD/CHF Technical View I am looking at the 4-hour timeframe; the market price is moving upward but recently dropped below the primary resistance level at 0.8250. After breaking through the support level, the price faces resistance at 0.8255. Once...
The USD/CHF pair is currently in a bearish phase as it continues to trade below key resistance at 0.8297. The pivot point for the USD/CHF pair stands at 0.8297, marking an important level for potential price movement. The overall market sentiment...