Technical analysis of the USDJPY pair The technical analysis of the pair on the 4-hour chart shows the price trend towards the weekly pivot level, which is expected to determine the next price trend. Tracing the previous price movement, trading...
The USD/JPY H4 chart illustrates a clear downtrend, as indicated by the declining price action and the price consistently trading below the red moving average, which appears to be the 50-period SMA. This moving average has acted as dynamic...
During the European session, the NZD/USD currency pair is trading within a narrow range, with low volatility in the market. The lack of news from New Zealand has shifted investor focus to the geopolitical situation and the opening of the U.S....
GBP/USD: GBP/USD remains neutral and outlook is unchanged. While corrective rebound from 1.2099 might still extend, upside should be limited by 38.2% retracement of 1.3433 to 1.2099 at 1.2609. On the downside, break of 1.2248 support will bring...
NZD/USD Price Forecast The US Dollar (USD) holds its ground early Tuesday after posting small gains against its major rivals on Monday, as markets turn cautious. The economic calendar will not offer any high-impact data releases but Federal Reserve...
