USD/JPY Price Forecast “USD/JPY’s breakout was well anticipated in our technical scan when we first highlighted about moving averages compression (MAC) last week. We noted that this pattern typically precedes a break-out trade. Daily momentum turned...
AUD/USD Technical Analysis: I’ve been watching the AUD/USD pair closely, and it seems to be trading in a consolidation range, with support around 0.6620 and resistance near 0.6700. The pair has shown some upward momentum, recently breaking above...
The Spot price has been trending upwards, reaching around 154.50 during the early Asian session on Monday. However, it has since pulled back slightly as the US Dollar (USD) retreats from a nearly three-month high achieved in the previous trading...
GBP/USD Technical Analysis, Outlook and Forecast The GBP/USD market is currently trading in an uptrend at 1.2682, with significant movement around key resistance and support levels. Initial resistance is set by resistance levels at 1.2700. A break...
The Kiwi pair remained under pressure during the Asian trading session on Monday, hovering around 0.5775. A mix of domestic and external factors continues to weigh on the New Zealand Dollar (NZD), with the expectation of another rate cut by the...
