The USD/JPY currency pair shows a mixed trading setup, reflecting both bearish and bullish tendencies. Based on the current chart analysis, the pivot point is at 155.89, indicating that the price may oscillate around this level. If the price...
Despite the earlier move above the 1.0300 barrier, EUR/USD’s daily uptick ran out of steam and slipped back to the 1.0280-1.0290 band amid the marginal retracement in the US Dollar.EUR/USD remains vulnerable, with key support levels at 1.0176 (YTD...
The technical analysis of the NZD/JPY currency pair reveals that the market is likely to experience a decline in value, with potential movement of 53 to 79 pips. The pivot point is set at 88.21, which acts as a critical level for determining the...
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 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...