GBP/USD is trading in a bearish zone, with an expected decline of 47 to 70 pips if it remains below the key pivot point of 1.2536. This level acts as a significant resistance, and a move below it strengthens the bearish case for a drop toward...
China's foreign exchange regulator, the State Administration of Foreign Exchange (SAFE), reported a record net outflow of $45.7 billion from China's capital markets in November. Cross-border portfolio investment receipts totaled $188.9 billion,...
The USD/CHF pair has been impacted by various factors, particularly the escalating US-China trade tensions. In retaliation for the recent 10% US tariff on Chinese imports, China has imposed a 15% tariff on US coal and liquefied natural gas (LNG),...
The EUR/USD H1 chart currently shows a bullish recovery after a previous period of consolidation and bearish pressure. The price is trading around 1.0403, which indicates a significant upward movement. The Bollinger Bands suggest that volatility is...
The EUR/NZD pair is currently at a critical juncture, with 1.8237 serving as a pivotal support level. This level has historically functioned as a strong price floor, often leading to short-term rebounds when tested. Given the current market...
