GBP/JPY is hovering near a critical support level at 192.46, making this a pivotal moment for traders analyzing potential price movements. The bullish scenario remains the preferred outlook as long as the pair holds above this level, with possible...
NZD/USD has demonstrated resilience in maintaining its position above the pivot level of 0.5628, indicating that buyers are attempting to regain control. If this support holds, a rebound scenario is expected, with the potential for gains between 34...
EUR/NZD remains under significant selling pressure, as price action continues to struggle below the 1.8475 resistance level. The technical outlook remains firmly bearish, with the RSI holding below 50, reflecting sustained weakness in the pair....
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...