USD/JPY Daily Technical Analysis Market Overview USD/JPY showed strong bearish movement yesterday as it broke below the key daily level of $153.710 with a strong bearish candle, closing at $152.600. Today, the market has been range-bound,...
NZDUSD Daily Time Chart Analysis The NZD/USD pair is currently trading in a consolidation zone between the 20-day and 50-day simple moving averages. The corresponding pair is moving within a horizontal channel with resistance at 0.5725 and support...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently trading around the 50-day SMA. Traders eagerly await the Bank of England (BoE) monetary policy announcement at 12:00 GMT. The pair is testing important momentum near the...
Currency pair AUDUSD - today we will consider the chart of the D1 period once again. January passed, and its movements went in different directions, as you can see. There was a good upward correction, which was preceded by a bullish divergence on...
Markets are now nearly fully pricing in a 25-basis-point rate cut at the upcoming Federal Reserve meeting, with investors keenly awaiting Fed Chair Jerome Powell’s press conference and the updated Summary of Economic Projections (dot plot). Any...