The current technical outlook for USD/JPY is overwhelmingly bullish, with the pivot point at 154.59 serving as the cornerstone of support for the ongoing uptrend. The RSI is trading well above 50, which underscores the strength of the buying...
The GBP/JPY currency pair experienced a decline during Wednesday's European trading session, hovering around the 193.30 level. This downturn reflects the strengthening of the Japanese yen against other currencies, fueled by growing market...
EURUSD Technical Analysis: The market has been in a consistent downtrend after getting rejected from the $1.05300 level. The price is currently hovering around the minor support level of 135, which could serve as a key turning point. If this support...
Market Fundamentals: The strength of the Dollar continues to bolster the pair, with the Dollar climbing toward 109.00 ahead of the Federal Reserve’s (Fed) upcoming interest rate decision. According to a Bloomberg survey, the Fed is expected to cut...
The NZD/USD pair is presently in a downward trajectory, firmly positioned under the pivot point of 0.5666, which stands as a critical technical level. The overall technical configuration is negative, as demonstrated by the RSI reading below 50—a...
