The USD/JPY pair's current positioning highlights a bullish trend, supported by technical indicators and favorable market conditions. With the pivot point set at 155.54, the pair has found a strong foundation for further upward movement. The RSI...
The GBP/NZD currency pair is navigating a mixed technical landscape, with traders eyeing a possible rise of 92–137 pips. The preference for a rebound toward 2.1920 hinges on maintaining support above the pivot point at 2.1717, a critical level that...
GBP/NZD’s outlook revolves around its ability to respect the pivot point at 2.1717, a crucial marker that could determine whether the pair achieves the projected rise of 92 to 137 pips. The preference for a rebound to 2.1920 highlights the market’s...
Examining the GBP/USD market dynamics reveals a well-defined bearish trend, primarily driven by technical factors. The pivot point at 1.2205 acts as a critical benchmark for assessing market direction. As long as the price remains below this level,...
EUR/USD If the price value of EURUSD had consolidated above the level of 1.0300, then we could have gone higher. But alas, during the American trading session, the EURUSD quotes began to decline. And so, in small steps we reach the level of 1.0260....