A strong support foundation has emerged at 146.90, indicating a potential reversal as the price gains momentum for bullish continuation. Technical signals favor upward movement with a clear path toward 148.20 as long as price holds above the...
The EUR/JPY pair started a strong recovery from the 158.20 level during Monday’s trading session, indicating that bullish sentiment remains intact despite the overall decline. The recovery so far has pushed the pair above the 23.6% Fibonacci...
The Swiss Franc (CHF) is underperforming against major currencies as the Swiss National Bank (SNB) is expected to maintain an ultra-dovish monetary policy to address low inflation, which currently stands at just 0.4%—the lowest level since May 2021....
aGeneral Points about GBPNZD: The buyers of GBPNZD are moving up quickly, showing strong momentum as the pair is currently trading at the 2.2825 level. This rapid ascent indicates that there has been significant buying activity in the market,...
I am currently observing a clear downward trend for the GBP/USD pair on the daily chart, as the price has been consistently moving south in recent sessions. I am seeing further confirmation of this bearish sentiment today, with continued selling...
