The NZD/USD pair is currently under pressure, with multiple indicators suggesting a potential downside move if key support levels are breached. The pair has been testing significant zones, indicating that buyer strength is gradually weakening, which...
EUR/CHF H4 MARKET ANALYSIS. The EURCHF currency pair's trend direction is still uncertain, as the EMA 50 and SMA 200 have crossed but are still close together, not immediately moving apart. If the price, currently above the pivot point (PP) 0.9422,...
The spot price has been facing mild downward pressure, with the potential to slide toward a daily low of 1.1153. However, the likelihood of a sustained break below this level remains low as long as the pair does not breach the 1.1170 mark. The...
EUR/GBP Price Forecast We remain somewhat concerned that the pound will soon face a correction as UK figures start to point to more urgency for easing, although this week may just be too early for that.” “Second-quarter GDP was revised slightly...
The AUD/USD pair climbed to 0.6942 on Monday, the highest point since February 2023. The increase was mainly driven by China's announcement of economic stimulus measures, which is significant given China's position as Australia's largest trading...