The NZD/USD pair has experienced a notable downtrend, registering its fourth consecutive day of decline and settling around the 0.5720 mark during the Asian trading session. This sustained bearish pressure reflects a confluence of factors, including...
GBP/JPY The modern-day technical setup for GBP/JPY suggests that the pair ought to fall by means of one hundred ten to 159 pips with a key resistance at 188.58. This resistance stage has validated to be an vital barrier for the charge and the...
Technical Analysis of GBPUSD As of the current market conditions, the GBPUSD currency pair is trading at a price of 1.2664, which is positioned above the daily moving average. This positioning indicates a bullish trend for GBPUSD. In this analysis,...
The price is currently positioned below the daily pivot point of 188.87. Additionally, the short-term moving average (MA) is situated below the long-term MA, indicating a bearish trend. The price is fluctuating between these two moving averages,...
The NZD/CHF market continues to be dominated by sellers, as evidenced by yesterday's significant price drop that brought the currency pair below two major Exponential Moving Averages (EMAs). Prior to this decline, the price had found temporary...
