#GBPUSD I’m feeling uncertain about GBP/USD at the moment. The pair closed the week just below the trend line I’ve mentioned before. While technically this is a breakout, it’s quite shallow, which leaves some room for potential upside. On the other...
The USD/CHF currency pair has been trending in a bearish direction, with the price currently hovering around the 0.87540 level. The movement has been gradual, with the market showing signs of consolidation rather than a strong directional trend....
The NZD has experienced a significant decline against the US dollar, falling 1.05% to 0.5960 on Friday. This downward trend is evident in several technical indicators. The Relative Strength Index (RSI) is currently in the negative 40 area, signaling...
General Points of NZDJPY: The news events related to the NZD were not better and New Zealand's Employment Changes rate had reduced today. Hence, the NZDJPY can break the support level of 91.77 during the Asian session. Hence, this persistent...
The AUD/USD pair experienced a 1.25% decline on Friday, settling at 0.6600. This downward trend continued despite improved global risk sentiment, primarily driven by the renewed strength of the US dollar. However, the Australian dollar remains...
