The GBP/JPY currency pair remains entrenched in a bearish phase, with an anticipated decline of 110 to 160 pips, provided that the price remains below the key pivot level of 191.28. This level acts as a crucial resistance that, if not breached, will...
February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...
The EUR/NZD pair is currently struggling to gain bullish traction, with 1.8237 acting as a crucial inflection point. This level has been tested multiple times, establishing itself as a psychological support zone that could determine the next...
The GBP/JPY currency pair is currently positioned in a manner that suggests a potential decline ranging between 110 to 160 pips, provided that the price remains below the key resistance level of 191.28. This level serves as a pivotal barrier that,...
GBP/USD is in upward trend despite a disappointing PMI Report of the United Kingdom. In January, PMI services fell slightly to 50.8 since December 51.1, not reaching the expectations of 51.2 analysts. These weakest data could normally weigh on the...
