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 chart of the NZD/JPY currency pair on the H1 timeframe displays a notable trend structure characterized by alternating phases of bullish and bearish movements. The price action reveals a progressive rise followed by a sharp decline, reflecting...
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...
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....
The currency pair USD CAD is currently in a consolidation phase after a significant bullish movement in the past. For over 3 weeks, the price has been consolidating in the high/resistance area. A sell structure has formed in the previous week, as...
