Market speculation surrounding the European Central Bank's next policy decision is a key driver of the pair movements. Traders are widely anticipating a 25 basis point (bps) cut in the Deposit Facility Rate at the upcoming ECB meeting. Earlier...
EUR/USD Technical Analysis The EUR/USD market is experiencing a downtrend in the 4-hour time frame. When we analyze the technical structure, we see that the market has established a clear sell structure, which indicates that the downward momentum...
The NZD/USD pair is currently reflecting a bearish sentiment, with technical analysis indicating a potential decline of 29 to 43 pips. The pivot point at 0.5608 is a critical resistance level that shapes the immediate market outlook. As long as the...
The NZD/USD exchange rate demonstrates a persistent bearish outlook, with expectations of a decline ranging from 29 to 43 pips. The critical pivot point at 0.5608 acts as a key resistance level, marking the boundary between a continuation of the...
The NZD/JPY currency pair is exhibiting bullish tendencies, supported by a technical setup that suggests a potential upward movement of 56 to 82 pips. The pivot point at 86.86 serves as a critical level, underpinning the overall upward trajectory....
