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 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...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
