GBP/USD is struggling to gain traction and trading in negative territory at around 1.2000 on Monday. The cautious market stance at the beginning of the week seems to be helping
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NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the buying zone which
GBP/USD has come under renewed bearish pressure and declined below 1.2100 in the early European morning on Wednesday. The UK’s ONS reported that the annual CPI declined to 10.1% in
NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the buying zone which
CADJPY Technical Analysis: Weekly Chart In the weekly charts, CADJPY is trading in an up channel. CADJPY is currently trading above all SMA. RSI is in the buying zone which
USD/JPY attracts fresh buying following a sharp intraday fall to the 129.80 area, or the weekly low. Dovish remarks by the possible BoJ governor candidate weigh on the JPY and
NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the buying zone which
GBP/USD struggles to capitalize on its modest intraday bounce from a one-month low. Hawkish Fed expectations help limit the downside for the USD and act as a headwind. Speculations that
CADJPY Technical Analysis: Weekly Chart In the weekly charts, CADJPY is trading in an up channel. CADJPY is currently trading above all SMA. RSI is in the buying zone which
EUR/USD is holding higher ground below 1.0900 in Wednesday’s European session. The US Dollar struggles to find its feet amid sluggish Treasury yields and cautious markets. All eyes remain on