The NZD/JPY pair is showing clear signs of bearish momentum, with a potential decline of 53 to 79 pips in the near future. The pivotal resistance level at 88.21 plays a key role in determining the market direction. As long as the price remains below...
The GBP/NZD currency pair is at a critical juncture with the pivot point at 2.1707. Traders are expecting a drop towards this level, followed by a possible bounce if support is found at 2.1707. The RSI is currently above the neutrality level at 50,...
On Wednesday, the NZD/USD pair gained 0.30%, reaching 0.5615 after moving above its 20-day Simple Moving Average (SMA). This marginal increase could be a crucial turning point for the currency pair, suggesting that the market may be shifting from...
The technical outlook for NZD/JPY indicates a strong bearish bias, with the pair potentially falling by 53 to 79 pips in the near term. The critical resistance level is 88.21, and as long as the price remains below this level, the market is expected...
The NZD/USD pair rose by 0.30% on Wednesday, reaching 0.5615 after breaking above its 20-day Simple Moving Average (SMA). This modest increase could act as a catalyst for further gains if the pair manages to hold its position above the 20-day SMA....
