USD/JPY Short-Term Outlook Current Market Sentiment The H4 chart for USD/JPY is clearly exhibiting a bearish trend, with prices consistently moving downward. Recently, the price reached a resistance level at 154.029 but has since declined....
GBP/USD Price Forecast: Technical outlook GBP/USD falls 0.93%, hitting a session low of 1.2359 after BoE's unexpected rate decision. BoE's dovish stance intensifies with forecasts of significant easing by end of 2025, stirring market reactions....
Markets are now nearly fully pricing in a 25-basis-point rate cut at the upcoming Federal Reserve meeting, with investors keenly awaiting Fed Chair Jerome Powell’s press conference and the updated Summary of Economic Projections (dot plot). Any...
The GBP/USD currency pair is under continued downward pressure, with expectations of a decline ranging from 47 to 70 pips if the price remains below the crucial pivot point of 1.2536. This level serves as a strong resistance zone, and as long as the...
Gold Technical Analysis and Market Outlook Gold prices entered a bearish trend today. This is mainly due to the latest US jobless claims report and its impact on market sentiment. Gold initially made a daily low of 2872, but as selling pressure...
