The ongoing market conditions for GBP/JPY indicate a strong inclination toward a bearish continuation, with multiple technical indicators aligning to suggest that downward pressure will persist. The Relative Strength Index (RSI) remains below the...
The GBP/JPY pair has exhibited a pronounced bearish inclination, with technical indicators aligning to suggest a continuation of the current downtrend. The Relative Strength Index (RSI) remains below the critical 50 mark, a key indication that...
The EUR/ USD brace extended its bullish run on Friday, achieving amulti-week high of 1.0500. This sustained rise above the 20- day simple moving normal( SMA) indicates a implicit shift in request sentiment, with buyers putatively recovering control...
The EUR/JPY pair has entered a crucial phase, with price action hovering around significant support and resistance levels. The pair’s trajectory is currently dictated by a combination of technical and macroeconomic factors, creating a landscape of...
The NZD/USD pair has been showing signs of bullish continuation, with forecasts predicting an increase of 22 to 32 pips if certain conditions are met. The primary technical level in focus is 0.5720, which serves as a critical support level. If this...
