GBP/JPY is hovering near a critical support level at 192.46, making this a pivotal moment for traders analyzing potential price movements. The bullish scenario remains the preferred outlook as long as the pair holds above this level, with possible...
The spot price is seeing some support from hawkish comments made by Reserve Bank of Australia (RBA) Governor Michele Bullock, who highlighted the persistently high core inflation levels, ruling out near-term interest rate cuts. These remarks have...
The (GBP/USD) currency pair traded within a narrow range on Wednesday, briefly dipping to the 1.2400 level following the Federal Reserve's decision to hold interest rates steady. The market had largely anticipated this decision, and the Fed provided...
The Dollar recovery has struggled to gain momentum as markets increasingly price in the imminent start of the Federal Reserve’s rate-cutting cycle. This shift in expectations has helped limit losses for gold, keeping the yellow metal buoyed despite...
The EUR/NZD currency pair remains in a strong bearish trend, with price action failing to break above the key resistance level at 1.8475. The technical setup continues to indicate downward pressure, as the RSI remains below the 50 level, reflecting...
