GBP/JPY is exhibiting strong bearish characteristics, with technical signals aligning to suggest a potential price decline of 110 to 160 pips. The critical level to watch is 191.28, which acts as a key resistance point. As long as the price remains...
EUR/USD The EUR/USD pair is hovering around 1.0300 today, maintaining its bearish momentum. Over the past four months, the euro has dropped nearly 8%, inching closer to levels last seen in September 2022. The downtrend remains intact, with no clear...
February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...
NZDUSD currency pair - let’s consider the D1 period chart today. January was passed earlier, and the movements were in different directions. There was a good upward correction, which was preceded by a bullish divergence on the MACD indicator used,...
AUD/USD As of today, AUD/USD continues to struggle near multi-year lows, with both technical and fundamental factors weighing on its movement. Technical Analysis: I’ve been tracking the downtrend, and AUD/USD recently tested the 0.6130 support...
