The GBP/JPY pair is facing a delicate balance between bullish and bearish forces in the market, as indicated by the mixed technical indicators and the pivotal 190.64 level. If the price rebounds from this level, the next notable resistance area is...
AUD/USD rose for the third day in a row on Wednesday, breaking above the 0.6200 hurdle and exposing the continuation of the ongoing recovery in the very short term at least, with the immediate resistance around 0.6300 prior to the release of the key...
The GBP/JPY currency pair is showing signs of mixed market conditions, with technical indicators suggesting both bullish and bearish possibilities. The key level of focus is the pivot point at 190.64, which is acting as a neutral level for the pair....
The NZD/USD currency pair saw a slight 0.30% increase on Wednesday, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This move above the SMA could act as a trigger for a bullish shift in the market, as it suggests that the...
The NZD/JPY currency pair on the H1 timeframe demonstrates a clear range-bound movement between support levels at 86.50 and 87.00 and resistance levels at 88.50 and 89.50. This price action indicates a state of market indecision, with the price...