The Euro (EUR) continues to face downward pressure as expectations grow that the European Central Bank (ECB) will implement more aggressive rate cuts compared to the Federal Reserve (Fed). The ECB is anticipated to reduce rates by 25 basis points,...
Market forecasts suggest a marginal slowdown in economic activity, with the Services PMI expected to ease to 52.2 from the previous month's 52.4. Meanwhile, mixed expectations surround US PMI data, as the Manufacturing PMI is anticipated to rise...
NZD/USD continues to trade near a crucial decision point, with 0.5628 acting as a pivotal support level. If the pair holds above this threshold, a rebound scenario is favored, with the possibility of gaining between 34 and 48 pips. The technical...
GBP/JPY continues to trade at a decisive technical level, with 192.46 serving as a crucial support zone that could dictate the pair’s next major movement. A rebound scenario is the preferred outlook, provided that the pair maintains this level, as...
Good morning! Hope you're having a positive start to the day! Looking at GBP/USD with the current price at 1.2437, and considering the daily chart pattern, it seems like you're watching a potential buy opportunity around the lower price of 1.2383....
