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...
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...
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...
The Bitcoin market showed positive momentum early on Friday, indicating an effort to push higher. A sustained move up could pave the way for Bitcoin to test the major resistance zone between $108,000 and $110,000. This range represents a formidable...
AUD/USD returns to the red at around 0.6200 early Friday. The Aussie fails to sustain stronger-than-expected China's growth and activity data-led upswing as the RBA's dovish shift and looming Trump's tariff plans remain a drag.AUD/USD remains...
