The downward trajectory of the NZD/USD pair reflects a confluence of technical weakness and broader macroeconomic forces, with price action indicating that further declines could be imminent. The 0.5679 resistance level continues to hold firm,...
GBP/JPY remains under significant selling pressure, with key technical indicators suggesting that further declines are on the horizon. The Relative Strength Index (RSI) is still below the 50 threshold, confirming that bearish sentiment is dominant...
The current market conditions for USD/JPY suggest a clear downside bias, with technical indicators overwhelmingly supporting a bearish outlook. One of the primary signals reinforcing this bearish sentiment is the Relative Strength Index (RSI), which...
GBP/USD remains under bearish pressure, with multiple technical indicators reinforcing the probability of further declines. The Relative Strength Index (RSI) is currently below the neutral 50 level, which indicates that bullish momentum is weak and...
The GBP/JPY pair witnessed significant volatility during Friday’s trading session, reflecting a mix of technical and fundamental drivers. After dropping to a four-month low near 188.00, the pair rebounded sharply, climbing to around 189.50 during...
