NZD/USD Market Outlook Good Morning! Today, the ADP Non-Farm Employment rate can help the market sentiment of NZD/USD traders to cover their losses. Also, the market can drop sharply and cross the 0.5500 zone later. Also, the US Unemployment Rate...
GBP/JPY Hello colleagues. On the daily chart I see that the pair has been moving sideways lately. Today there is also movement within the sideways movement for the pair at the moment. I wonder if the sideways movement will continue or if there will...
Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...
USD/CHF Analysis Greetings and Good Morning to everyone! The ISM Service PMI made the US dollar a little weak. However, the market will remain in favor of buyers anymore. Also, the strong ISM data suggests economic resilience, supporting equity...
