NZD/USD is currently under pressure, with technical indicators pointing toward a likely continuation of the bearish trend. The key level to watch is 0.5661, which acts as a pivot point, where a minor retracement could occur before further declines...
The USD/JPY currency pair has been moving in an upward trajectory, supported by solid technical indicators that favor further appreciation. The key level of 153.75 serves as a fundamental threshold, ensuring that the bullish outlook remains valid as...
The Australian Dollar (AUD) continues to trade within a narrow range, with AUD/USD slipping to around 0.6260 during Wednesday’s session, marking a 0.30% decline. The pair faced renewed selling pressure after failing to sustain momentum above the key...
The NZD/USD pair has displayed increasing bearish tendencies, with technical indicators supporting the probability of a further decline. The pivot level at 0.5661 is crucial, as a minor corrective rebound toward this level may be observed before the...
If buyers fail to generate at least minimal upward movement and the price declines, breaking through my bearish sell level at 1.23887, this will serve as a confirmation of downward momentum. In this scenario, I will close my buy position at a loss...
