The NZD/CHF currency pair continues to exhibit bearish momentum, as long as the price remains below the key resistance level at exactly 0.5041 in the current trading session. The technical indicators reinforce the downside bias, with the RSI...
I believe the bears have managed to exert some pressure on this pair, setting a temporary minimum at 1.0822, but I notice that the price is starting to bounce back upward. I think if the buyers can push the price above the 1.0880 level, the efforts...
Technical analysis of GBPNZD Today I picked GBP/NZD in technical analysis. The market is bearish, and the selling momentum is helping the price fall. The market price reached the execution support level, and from this monthly support at 2.2560, the...
USDJPY Technical Analysis USDJPY is currently trading in a consolidation phase after a strong uptrend. The price is holding above the 150-period moving average, confirming that the overall trend remains bullish. However, the recent rising wedge...
USD/JPY USD/JPY Slides to Near 148.00 Amid Divergent BoJ Fed Expectations USD/JPY drops to 148.00 in Thursday's Asian session. A cautious risk tone and concerns regarding a global trade war keep the Japanese Yen anchored, pulling the pair down. The...
