In the short term, USD/JPY's movement appears to be consolidating, with a clear range established between 156.70 and 155.00. This range-bound price action suggests a market in indecision, where neither bulls nor bears have full control. Given this...
BofA: USD to remain leader in 2025 The forex market in 2025 is expected to be dominated by bearish sentiment, especially concerning the euro and the Swiss franc. However, the outlook for the US dollar is quite different. Earlier, analysts at Bank of...
GBP / USD: An Hourly Time Frame Recommendation The GBPUSD market has been exhibiting unusual behavior, diverging from its traditional movement patterns. The shift has left many questioning the underlying causes and seeking opportunities where the...
EUR / USD: An Hourly Time Frame Recommendation The EURUSD reached the 1.0300 level yesterday, signaling a potential turning point for bullish participants aiming to recover previous losses. The key level indicates that the bulls have...
The New Zealand dollar weakened against the US dollar on Thursday, ending a three-day winning streak. Trading around 0.5610, the NZD/USD pair remains bearish, confined within a descending channel on the daily chart. This bearish sentiment is...