Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis. The market price is currently between the resistance level at 0.5679 and the support level at 0.5592. Now that the market price has broken the support level and closed...
US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...
The GBP/JPY currency pair continues to trade near a crucial pivot level of 192.46, which serves as an important determinant for future price action. If the pair maintains support above this level, the potential for a bullish rebound remains strong,...
GBP/JPY is currently at a pivotal level, with 192.46 acting as a crucial support zone that could determine the pair’s next movement. If this level holds, a bullish rebound remains the preferred scenario, with potential gains ranging from 111 to 161...
NZD/USD has entered a critical phase, with its price movements largely dictated by the key pivot level of 0.5628. If this level holds, a rebound scenario is expected, with the potential for gains ranging from 34 to 48 pips. The technical landscape...
