USD/JPY Market Analysis USD/JPY is showing signs of recovery after reaching a low near 151.090. The pair is currently trading around 152.170, bouncing off key support levels. The price has faced significant selling pressure in recent sessions but...
As investors process the Bank of England's (BoE) dovish stance on interest rate outlook and downwardly reduced Gross Domestic Product (GDP) predictions for the year, the GBP outperforms its main rivals at the beginning of the week. Following the...
GBP/USD Forecast for February 10, 2025 Friday’s release of mixed U.S. employment data has resulted in the British Pound closing below the MACD indicator line. The market opened on Monday below this line, indicating a bearish sentiment among traders....
USD/CAD continues to show signs of strength, with technical indicators confirming a bullish bias as the pair remains positioned above its critical pivot level of 1.4300. This level serves as a key determinant of future price action, with the bullish...
The AUD/USD currency pair remains within an upward trajectory, supported by a confluence of technical and fundamental factors that continue to favor bullish momentum. The pair’s ability to sustain its position above the critical pivot level of...