GBP/JPY has been struggling to gain any upward traction, with key technical indicators suggesting that further losses are likely. The Relative Strength Index (RSI) is still positioned below the 50 threshold, indicating that sellers remain dominant...
The downward trajectory of the NZD/USD pair reflects a confluence of technical weakness and broader macroeconomic forces, with price action indicating that further declines could be imminent. The 0.5679 resistance level continues to hold firm,...
Market Fundamentals: The EUR/JPY cross remains under pressure as market sentiment is shaped by expectations surrounding central bank policies and geopolitical developments. The growing consensus that the Bank of Japan (BoJ) will move toward an...
USD/CAD Analysis Good Morning to everyone! The market sentiment of USD/CAD will remain in favor of buyers this week, as bullish momentum continues to support the pair. Key fundamental events, including the US Retail Sales data and Fed Chair Powell's...
GBP/USD remains under bearish pressure, with multiple technical indicators reinforcing the probability of further declines. The Relative Strength Index (RSI) is currently below the neutral 50 level, which indicates that bullish momentum is weak and...