The GBP/JPY pair remains bullish as long as the price holds firm above the critical pivot support level near 190.62. A potential upside extension is expected, with price likely targeting the next resistance zones at 192.81 and possibly 193.77...
Date: 25th April 2025. Trade Tensions Hurt Confidence Across Europe UK PMI Data Signals Growing Economic Challenges Across the Channel, the UK economy is facing multiple headwinds. Government finances are strained, and recent fiscal data missed...
Market Fundamentals: The spot price maintained its upward momentum during early European trading on Friday, supported by a broadly weaker U.S. Dollar (USD) and increasing expectations of further interest rate hikes from the Bank of Japan (BoJ)....
The NZD/USD pair is currently trading near the pivot point of 0.5950, which plays a critical role in determining the next movement. If the price rebounds from this level, resistance zones near 0.6004 and 0.6027 could become the next targets for...
CHF / JPY: Trading Suggestions The Swiss Franc has been losing value since the start of the current week. Consistent weakness in the currency led the market of CHFJPY to push downward, and as a result, the price hit the 172.65 level. That level...