The AUD/JPY pair declined to 96.45 on Friday resuming the losses after three sessions with gains. However, technical indicators suggest a shift towards neutral territory, […]
Tag: Analysis
NZD/JPY Price Analysis: Cross consolidates near 88.00
NZD/JPY moves sideways after a three-day winning streak, and mixed technical signals emerge. The RSI remains near the oversold area despite rising, and the MACD […]
GBP/USD Price Analysis: Rises above 1.2800 amid weak US data fueling rate cut hopes
GBP/USD rallies from daily low of 1.2707 to trade above the 1.2800 mark. Key resistance levels reclaimed: 50-DMA at 1.2787 and 1.2800 mark; next targets […]
NZD/USD Price Analysis: Bears take a breather, yet maintain a clear domination
NZD/USD slightly rebounds, hovering near the 0.5900 mark, but remains under a clear bearish influence. The pair lost more than 4% in July, underscoring a […]
GBP/USD Price Analysis: Stays subdued at around 1.2850
GBP/USD stabilizes at 1.2858 after sellers failed to clear the 1.2900 level. Momentum favors buyers, but long positions in Sterling risk vulnerability if BoE cuts […]
NZD/USD Price Analysis: Pair gave up and lost the 0.6070 vital area
NZD/USD trudges below the 0.6070 level, marking its worst week since January. The pair closed at 0.6010, indicating a weekly loss of approximately 1.80%. NZD/USD […]
NZD/JPY Price Analysis: Continues to plunge as sellers reign supreme
Friday’s trading session saw the NZD/JPY pair resuming its losses, exacerbating the bearish momentum. Cross ends the week with a near 2% loss. Sellers are […]
NZD/JPY Price Analysis: Bears seize control, key 20-day SMA broken breached
NZD/JPY ended Thursday’s session with a significant decline. The bears successfully pushed the pair below the crucial 20-day SMA, signaling a shift in command. In […]
USD/JPY Price Analysis: Trends upward for third-straight day, buyers eye 162.00
USD/JPY gains over 0.30%, buoyed by Powell’s stance against rate cuts without clear disinflation. Technicals hint at resistance near the 162.00 mark; RSI approaches overbought […]
NZD/USD Price Analysis: Bulls gaining control, closes week above critical resistance
NZD/USD edged higher and closed above the 20 SMA support around 0.6120. With the technical outlook now showing signs of bullishness, the pair tests resistance […]