The NZD/USD currency pair is demonstrating a bearish outlook, with an anticipated decline of 29 to 43 pips based on the provided analysis. The pivot point at 0.5608 remains a pivotal resistance level, with the downside bias prevailing as long as the...
Market speculation surrounding the European Central Bank's next policy decision is a key driver of the pair movements. Traders are widely anticipating a 25 basis point (bps) cut in the Deposit Facility Rate at the upcoming ECB meeting. Earlier...
EUR/USD Technical Analysis The EUR/USD market is experiencing a downtrend in the 4-hour time frame. When we analyze the technical structure, we see that the market has established a clear sell structure, which indicates that the downward momentum...
GBPUSD GBP/USD Outlook: As of January 18, 2025, the GBP/USD pair is under pressure as the U.S. dollar maintains its strength, driven by strong economic data and elevated U.S. Treasury yields. Here’s an in-depth look at the current factors impacting...
The NZD/USD exchange rate demonstrates a persistent bearish outlook, with expectations of a decline ranging from 29 to 43 pips. The critical pivot point at 0.5608 acts as a key resistance level, marking the boundary between a continuation of the...
