The technical analysis of the NZD/JPY currency pair reveals that the market is likely to experience a decline in value, with potential movement of 53 to 79 pips. The pivot point is set at 88.21, which acts as a critical level for determining the...
USD/JPY falls sharply as U.S. consumer inflation data shows slowing core inflation. Bank of Japan Governor's hawkish comments lift Yen; U.S. 10-year yields drop 12bps. Upcoming Fed speeches and U.S. economic data key for further market direction.The...
The GBP/JPY currency pair appears to be in a consolidating phase, with the price fluctuating around the pivot point at 190.64. This level serves as a critical point for determining the direction of the market, and it’s likely that the price will...
The current technical analysis of USD/JPY highlights several crucial points to consider for future price movements. The pivot point at 155.89 is central to the analysis, indicating that this level could determine the short-term direction of the...
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...