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...
GBP/USD now suffers the bounce in the Greenback and gives away its earlier advance to the 1.2300 neighbourhood, refocusing on a potential new visit to 1.2200 and possibly below.From a technical perspective, the GBP/USD pair now seems to have found...
The British pound experienced a volatile session against the US dollar on Wednesday, reacting to the release of the US Consumer Price Index (CPI) report for December. While headline inflation exceeded expectations, core inflation, a closely watched...
The GBP/JPY pair is currently at a crossroads, with its price action hovering around the critical pivot point of 190.64. This level will be crucial in determining the future direction of the pair. A rebound from this level could push the price...
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...
