The currency pair moved in a narrow range on Friday. However, buyers had an advantage in the market. The price has been under buyer dominance since the Asian trading session opened on Friday at 1.8382. The price rose, and the breakout of the nearby...
NZD/USD Analysis: Bearish Pressure Amidst Strong US Dollar Overview The NZD/USD currency pair faced selling pressure during the European session on Friday, with prices dropping below 0.5585. This downward movement can be attributed to several...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. Market prices are rising but are trying to change their structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
The Australian dollar (AUD) is facing significant selling pressure, trading near multi-year lows around 0.6150, following the release of stronger-than-expected US non-farm payrolls data. This robust US economic data reinforces the Federal Reserve's...
Technical analysis of GBPJPY Today I choose GBP/JPY for technical analysis; the market price is between 195.72 resistance and 192.15 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...