The US dollar saw an initial decline against the Japanese yen, but rebounded and showed signs of renewed strength. This move suggests a potential move into positive territory as the market appears poised for a recovery. A key level to watch is the...
USD/CHF Technical Analysis: Right now, USD/CHF is hovering around 0.8590, and I’m keeping a close eye on key levels. Immediate support is at 0.8560, with another level at 0.8525 if things dip further. On the upside, resistance is sitting at 0.8625...
NZD/USD NZD/USD Outlook: As we enter 2025, the NZD/USD pair finds itself caught in a tug-of-war between the U.S. Dollar’s resilience and New Zealand’s cautious economic stance. Currently trading at a tight spread near 0.5614 (buy price) and 0.5611...
EUR/JPY EUR/JPY Outlook: As we enter 2025, the EUR/JPY currency pair is once again in focus, reflecting the ongoing struggle between Europe's economic resilience and Japan’s weak currency policies. Currently trading around ¥163.17, the pair is...
GBP/USD Price Forecast We should have an in-depth discussion on the price action outlook of the GBP/USD currency pair. The GBP/USD H4 timeframe chart shows a strong bearish trend, with the price recently breaking below the key support level of...