The EUR/NZD currency pair remains in a strong bearish trend, with price action failing to break above the key resistance level at 1.8475. The technical setup continues to indicate downward pressure, as the RSI remains below the 50 level, reflecting...
The USD/CHF currency pair has rebounded from losses incurred over the previous two trading days, trading around the 0.9050 level during Tuesday's Asian session. This recovery can be primarily attributed to a strengthening US dollar, which has gained...
The NZD/USD currency pair is trading at a crucial inflection point, with price action centered around the pivotal support level of 0.5628. If this level holds, a recovery is anticipated, with an expected rise of 34 to 48 pips. The technical...
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,...
GBP/JPY is currently positioned at a crucial technical level, with 192.46 acting as a major support zone. The market is watching closely to see if this level holds, as a sustained rebound could push the pair higher by 111 to 161 pips. The technical...
