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,...
The NZD/USD pair is at a crucial turning point, with its price movement centered around the pivot level of 0.5628. This level serves as a decisive support, and as long as the price remains above it, a rebound scenario is favored, with potential...
Good morning! Hope you're having a wonderful day! Looking at GBP/USD with the current price at 1.4414, and the lower price at 1.4297 and higher at 1.4467, here’s a fundamental and technical breakdown for a potential sell trade: Fundamental Analysis:...
The AUD/USD currency pair is showing signs of potential recovery, with price action revolving around the key pivot level at 0.6202. A sustained hold above this level could reinforce bullish sentiment and drive prices higher, whereas a failure to...
THE CURRENCY PAIR USD-CAD The weekly chart can only give a general idea of the instrument, and what will happen in a more local plan is another question. But on the weekly chart, you can see a beautiful decline candle, within which all subsequent...
