The technical analysis of USD/JPY reveals that the currency pair is currently experiencing a mixed trading environment, with indicators suggesting both bearish and bullish possibilities. The pivot point at 155.89 is critical, as it serves as a...
The GBP/NZD pair is showing a clear technical setup where the pivot point at 2.1707 will play a crucial role in determining future price movements. The preferred scenario suggests a slight decline towards 2.1707 before the price potentially bounces...
Despite the earlier move above the 1.0300 barrier, EUR/USD’s daily uptick ran out of steam and slipped back to the 1.0280-1.0290 band amid the marginal retracement in the US Dollar.EUR/USD remains vulnerable, with key support levels at 1.0176 (YTD...
The GBP/JPY pair is currently at a crossroads, with its price action hovering around the critical pivot point of 190.64. This level will be crucial in determining the future direction of the pair. A rebound from this level could push the price...
AUD/USD rose for the third day in a row on Wednesday, breaking above the 0.6200 hurdle and exposing the continuation of the ongoing recovery in the very short term at least, with the immediate resistance around 0.6300 prior to the release of the key...
