The technical analysis of NZD/JPY suggests that the pair is in a consolidative phase, with key levels that could determine the future direction. The pivot point at 87.05 is crucial, as it serves as a baseline for the market’s movements. If the price...
USD/JPY drops to near 157.30 even though the US Dollar posts a fresh two-year high. Traders pare Fed dovish bets on the back of upbeat US NFP data for December. Deepening risk-aversion sentiment has improved the JPY’s safe-haven appeal The USD/JPY...
Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut by the Fed for the current year,...
The NZD/JPY currency pair presents a mixed outlook based on its technical indicators. Currently, the pivot point is situated at 87.05, which is a crucial level in determining the direction of price movement. The first target for the price would be a...
AUD/USD managed to regain the smile and leave behind four consecutive daily retracements on Monday, gathering some traction soon after hitting lows not seen since April 2020 near 0.6130.The pair remains weak and faces the next support at the 2025...
