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...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
The NZD/USD currency pair exhibits bearish tendencies, reflected in the technical analysis that suggests a potential fall of 29 to 43 pips. The pivot point at 0.5608 serves as a significant resistance level, acting as a critical threshold that...
The NZD/JPY currency pair continues to display an intricate balance between technical and fundamental influences, making it a focal point for traders seeking opportunities in the forex market. Anchored by the critical support level of 86.86, the...
The GBP/JPY pair exhibits signs of vulnerability as it navigates within a delicate balance of technical indicators and defined market boundaries. The pivot point at 190.79 serves as the central reference for the ongoing tug-of-war between buyers...
