n the current trading environment, EUR/NZD presents a mixed technical picture that nonetheless holds the potential for a significant rebound, provided that the pivot level at 1.8334 remains intact. With the RSI comfortably above 50, there is...
T E C H N I C A L _ A N A L Y S I S A U D / U S D My friends! How are you today? Now let's talk about today's chart prepared in this time frame. On this price chart, the AUD/USD hit $0.6260 on Tuesday. AUD/USD is trading at 0.6211 at the time of...
GBP/JPY is currently positioned with a favorable technical outlook for an upward move, provided that the pivot at 191.71 holds as support. The RSI remains above its neutrality level of 50, suggesting that bullish momentum is still present, while the...
AUD/USD Daily Time Chart Analysis On the daily chart, AUD/USD ended the week in a downtrend, closing at 0.6210. Several factors are behind the weakness in AUD/USD. These factors include weaker-than-expected Australian economic data. A stronger US...
The technical outlook for GBP/USD at present is decidedly bearish, with multiple indicators converging to suggest that further declines are on the horizon. At the heart of this setup lies the pivot point at 1.2439, which currently acts as a robust...
