GBP/USD now suffers the bounce in the Greenback and gives away its earlier advance to the 1.2300 neighbourhood, refocusing on a potential new visit to 1.2200 and possibly below.From a technical perspective, the GBP/USD pair now seems to have found...
The USD/JPY analysis highlights several key technical indicators that suggest a cautious outlook for the pair. The pivot point at 155.89 indicates that this is a critical level for the currency pair, and price movements around this point will likely...
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...
The GBP/JPY pair is facing a delicate balance between bullish and bearish forces in the market, as indicated by the mixed technical indicators and the pivotal 190.64 level. If the price rebounds from this level, the next notable resistance area is...
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...