The AUD/USD pair continues its descent within a firmly entrenched bearish trend, reflecting a confluence of technical and fundamental factors working against the Australian Dollar. A pivotal resistance level at 0.6550 serves as a psychological...
The NZD/USD currency pair's current technical setup suggests a nuanced scenario where bullish and bearish forces are delicately balanced. The critical support level at 0.5693 serves as a key pivot point, determining the pair's short-term direction....
The NZD/USD pair is currently navigating a period of consolidation, with the 0.5693 level serving as a critical pivot for near-term price action. Holding above this level supports a bullish outlook, bolstered by the RSI indicator remaining above 50...
The bearish momentum in the AUD/USD pair shows no signs of abating, as the market remains firmly below the resistance level of 0.6550, a barrier that has consistently repelled any bullish attempts. The technical framework paints a compelling picture...
USD/JPY. The currency pair is trading at approximately 151.63, reflecting a 0.96% decrease from the previous close of 153.10. Over the past week, USD/JPY has risen by 0.54%, while over the past month, it has declined by 0.86%. The USD/JPY pair is...