The GBP/NZD currency pair is at a critical juncture with the pivot point at 2.1707. Traders are expecting a drop towards this level, followed by a possible bounce if support is found at 2.1707. The RSI is currently above the neutrality level at 50,...
The NZD/JPY pair is showing clear signs of bearish momentum, with a potential decline of 53 to 79 pips in the near future. The pivotal resistance level at 88.21 plays a key role in determining the market direction. As long as the price remains below...
Looking at the NZD/JPY pair, the technical setup suggests a bearish outlook in the short term, with a potential decline of 53 to 79 pips. The pivot point at 88.21 is crucial, as it serves as a key resistance level. As long as the price stays below...
GBP/USD Technical Analysis The GBP/USD market is currently in a clear sell structure supported by a strong downtrend on the H4 timeframe. The price is trading below the 200-day Simple Moving Average (SMA), which is positioned below the 50-day SMA,...
The current technical analysis of USD/JPY highlights several crucial points to consider for future price movements. The pivot point at 155.89 is central to the analysis, indicating that this level could determine the short-term direction of the...
