NZD/JPY Analysis – A Critical Perspective Current Market Situation and Range Trading The NZD/JPY currency pair is currently trading within a narrow range, reflecting investors' hesitance. The recent price movements indicate that the pair has reached...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The market price fell below the 0.6294 resistance and rebounded after reaching the 0.6223 support. If the market fails to break above this support, the price is likely to...
The USD/JPY pair has experienced a significant downturn, breaking below a long-term bullish trend line and the crucial 153.65 support level. This breach, coupled with the downward trajectory of the 20-day and 50-day simple moving averages (SMAs),...
The forex market swiftly adjusted its expectations following recent macroeconomic developments, with traders now pricing in a higher probability that the Federal Reserve will opt for a modest 25-basis-point rate cut at its upcoming policy meeting....
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