The GBP/JPY pair is currently benefiting from a very favorable technical environment that is firmly rooted in a bullish trend, with the pivot point at 191.82 playing a pivotal role in sustaining upward momentum. Trading above both the 20-period...
Gold Price Activity Recap We are currently engaged in a captivating discussion regarding the price behavior analysis of the Gold. Gold continues to display a strong bullish momentum, as seen in the 4-hour chart, with prices currently trading around...
The GBP/NZD pair currently presents a bearish outlook, with the technical configuration firmly suggesting a downside move in the range of 129 to 173 pips. The pivot point at 2.2175 is acting as a strong resistance level, and as long as the price...
USDJPY USDJPY outlook: The USD/JPY pair remains heavily influenced by the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ). While the Fed continues to maintain a relatively hawkish stance on interest rates, the...
USD/JPY USD/JPY is showing some interesting price action today, with both technical and fundamental factors driving the market. Technical Analysis: Yesterday, the pair faced some selling pressure, breaking below 154.96 and nearly touching 153.75...
