AUD/USD rose for the third day in a row on Wednesday, breaking above the 0.6200 hurdle and exposing the continuation of the ongoing recovery in the very short term at least, with the immediate resistance around 0.6300 prior to the release of the key...
The current technical analysis of USD/JPY highlights several crucial points to consider for future price movements. The pivot point at 155.89 is central to the analysis, indicating that this level could determine the short-term direction of the...
The technical outlook for NZD/JPY indicates a strong bearish bias, with the pair potentially falling by 53 to 79 pips in the near term. The critical resistance level is 88.21, and as long as the price remains below this level, the market is expected...
The chart of the NZD/JPY currency pair on the H1 timeframe displays a notable trend structure characterized by alternating phases of bullish and bearish movements. The price action reveals a progressive rise followed by a sharp decline, reflecting...
The NZD/USD pair recorded a modest increase of 0.30% on Wednesday, climbing to 0.5615 after moving beyond the 20-day Simple Moving Average (SMA). This breakthrough above the moving average may signal the beginning of a trend reversal, as it...
