Market speculation surrounding the European Central Bank's next policy decision is a key driver of the pair movements. Traders are widely anticipating a 25 basis point (bps) cut in the Deposit Facility Rate at the upcoming ECB meeting. Earlier...
The NZD/JPY currency pair continues to display an intricate balance between technical and fundamental influences, making it a focal point for traders seeking opportunities in the forex market. Anchored by the critical support level of 86.86, the...
The NZD/JPY pair’s bullish outlook is supported by a well-defined technical framework, suggesting an upward movement of 56 to 82 pips as long as the pivot point at 86.86 remains unbroken. The RSI’s position above 50 reflects a strong market...
EUR/USD Technical Analysis The EUR/USD market is experiencing a downtrend in the 4-hour time frame. When we analyze the technical structure, we see that the market has established a clear sell structure, which indicates that the downward momentum...
The NZD/USD currency pair continues to exhibit bearish tendencies, supported by technical signals that suggest a potential decline of 29 to 43 pips. The pivotal resistance level at 0.5608 serves as a critical threshold, with the downside bias...
