The NZD/USD pair is currently entrenched in a bearish trend, with a projected decline of 27 to 40 pips highlighting the prevailing negative sentiment in the market. The pivot point at 0.5682 acts as a crucial resistance level, defining the upper...
The technical forecast for AUD/USD underscores the critical role of the 0.6295 pivot point in determining short-term price movements, suggesting a possible decline of 17 to 32 pips. Below this key level, traders are advised to adopt short positions,...
The GBP/USD pair is exhibiting a bearish pattern, with expectations pointing to a potential decline of 26 to 51 pips. This downward movement is anchored around the resistance level at 1.2350, which serves as a pivotal marker separating bearish...
The EUR/USD pair continues to exhibit a bearish structure, with an anticipated decline of 20 to 40 pips reflecting the current market sentiment. The pivot point at 1.0435 is a defining marker, acting as the boundary between sustained bearish...
Hello dear guys good morning like you're conducting a technical analysis of USD/JPY on a 1-day (daily) chart for today. Let's break down the data you're working with: 1. Current Price: 156.53 This is where USD/JPY is trading right now at the close...
