The USD/JPY currency pair is under significant downward pressure as global economic uncertainty continues to mount, leading to a stronger demand for safe-haven assets like the Japanese yen. Several fundamental factors have contributed to this...
Forecast of NZDUSD The price of the NZDUSD achieved the oversold level on several technical indicators, including the RSI indicator, on January 10th, when it challenged the support level of 0.5532 on the daily time frame chart. After the price...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
The EUR/USD currency pair continues to display a downward bias, with the potential for a decline of 87 to 142 pips based on the technical setup. The critical pivot level at 1.0310 serves as the defining point for market direction, with a failure to...
The USD/JPY currency pair has extended its bearish trajectory, as recent U.S. economic data continues to paint a weaker-than-expected picture of the economy, reinforcing concerns that the Federal Reserve may have to pivot toward a more accommodative...
