The USD/JPY currency pair is currently experiencing a period of stagnation following a significant upward movement in recent days. Presently, it hovers around the 157.00 mark, which is notably lower than the peak levels it achieved in late April....
Buoyed by positive economic data and a weakening US dollar, the New Zealand dollar (NZD) is flexing its muscles against its American counterpart (USD). Early on Thursday during Asian trading hours, NZD/USD climbed to around 0.6145, fueled by New...
Yesterday, the XAU/USD currency pair experienced a modest upward movement. However, as of today, it has begun to decline once more. This downward shift is largely driven by negative signals from the stochastic indicator, which suggests that further...
There were no tests of the levels I marked in the U.S. session, so there were no entry points. As you can see on the chart, the USD/JPY pair exhibited an uptrend. Despite all the statements from the Bank of Japan officials about potential changes in...
In light of this, the GBP/USD pair continues to have a positive bias after decisively breaking over the significant 200-day SMA (1.2550). After that, the next objective is the psychological milestone of 1.3000, which is the peak of 1.2893 (March 8)...