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...
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 pair is currently reflecting a bearish sentiment, with technical analysis indicating a potential decline of 29 to 43 pips. The pivot point at 0.5608 is a critical resistance level that shapes the immediate market outlook. As long as the...
GBP/USD Technical Analysis The GBP/USD pair is currently downtrend, trading below the significant resistance level at 1.22500. According to the technical structure, the market is in a sell-off, and the chart has a strong downtrend. The pair recently...
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...
