The NZD/USD currency pair, currently trading at 0.6129, has been experiencing a bearish trend. Several factors could contribute to this downward movement, including economic data, interest rate differentials, and geopolitical developments. However,...
Hello, GBP/USD is trading near 1.2700, weaker than the US dollar's renewal on Thursday. Downtick, however, lacks follow-through as traders wait for BoE policy announcements to place fresh bets. GBP/USD is trading within touching distance of the...
The USD/CAD currency pair has experienced a minor dip, settling at 1.3745, which is quite close to its starting level at the beginning of the week. This movement reflects a relatively stable performance over the week, albeit with a slight downward...
Analyzing the GBP/JPY Technical Forecast The British pound has defied expectations by continuing to strengthen despite yesterday's inflation data. The UK's Consumer Price Index (CPI) finally reached the Bank of England's target of 2%, indicating a...
There were no tests of the levels I marked in the U.S. session, so there were no entry points. As you can see on the chart, the USD/JPY pair exhibited an uptrend. Despite all the statements from the Bank of Japan officials about potential changes in...