The NZD/JPY currency pair on the H1 timeframe demonstrates a clear range-bound movement between support levels at 86.50 and 87.00 and resistance levels at 88.50 and 89.50. This price action indicates a state of market indecision, with the price...
The GBP/JPY pair is facing a delicate balance between bullish and bearish forces in the market, as indicated by the mixed technical indicators and the pivotal 190.64 level. If the price rebounds from this level, the next notable resistance area is...
The GBP/NZD pair is currently in a critical zone with the pivot point at 2.1707. The market's preference is to see a drop towards this level before it finds support and bounces back. If the price bounces from 2.1707, it could see a rise of 95 to 140...
The NZD/USD pair rose by 0.30% on Wednesday, reaching 0.5615 after breaking above its 20-day Simple Moving Average (SMA). This modest increase could act as a catalyst for further gains if the pair manages to hold its position above the 20-day SMA....
The USD/JPY analysis highlights several key technical indicators that suggest a cautious outlook for the pair. The pivot point at 155.89 indicates that this is a critical level for the currency pair, and price movements around this point will likely...
