Market Fundamentals: Recent US inflation data revealed that consumer prices rose more than anticipated, reinforcing expectations that the Federal Reserve (Fed) may keep interest rates elevated for an extended period to combat persistent price...
USD/JPY Daily Chart The USD/JPY market is currently downtrend and trading at 149.04 daily. The market is attempting to break the 149.0 support level, which could determine the future direction of price action. If the USD/JPY market breaks above...
NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
EUR/USD Technical Analysis and Forecast The EUR/USD market trades around 1.0497 in the H1 timeframe. It currently has support at 1.0450 and resistance at 1.0530. These levels are critical as they will determine the next potential price move. On the...
EURUSD Technical Analysis EURUSD is currently trading around 1.0498 on the H1 timeframe, showing a strong bearish trend as the price remains below the 150-period moving average. The market has experienced a continuous decline, indicating persistent...