The U.S. dollar gained traction against major counterparts as the Federal Reserve maintained its benchmark interest rate within the 4.25%–4.50% range, aligning with market expectations. In a post-meeting press conference, Fed Chair Jerome Powell...
GBP/JPY has recently slipped below the 9-period Simple Moving Average (SMA) currently positioned at 188.494, suggesting a shift in short-term sentiment to the downside. The overall price action shows a failure to maintain bullish momentum after...
The currency pair NZD/USD is currently indicating the creation of a strong demand area around the price level of 0. 5900. This spot saw a significant bullish response in the past, reflecting notable buying interest at that point. Additionally,...
The EURUSD family chart paints a compelling picture of the market moving from a long-term downtrend to a clear uptrend, indicating major structural changes. The trend was downward, showing a series of lower highs and lower lows, and this continued...
Ongoing conflicts in the Middle East and the enduring Russia-Ukraine war have fueled demand for the US dollar as a safe-haven asset. However, expectations are mounting that the Federal Reserve could resume its rate-cutting cycle sooner than...
