GBP-AUD PAIR FORECAST Currently, the nearest support at the level of 1.98988 is the main reference in determining the potential for price movement. If this level is broken, then a deeper decline has the potential to test the next support area at...
As of February 26, 2025, the NZD/USD currency pair is exhibiting notable technical patterns that traders should consider. Current Price and Support Levels: The pair is trading around 0.5735, with immediate support observed at the nine-day...
Forex traders are closely monitoring the upcoming US Consumer Price Index (CPI) data release and comments from Federal Reserve policymakers for fresh signals on interest rate direction. Economists anticipate that headline inflation will accelerate...
The Swiss Franc (CHF) weakened significantly after the Swiss National Bank (SNB) delivered an unexpected 50 basis point rate cut last week, exceeding forecasts for a smaller reduction. The move aimed to counter subdued inflation, but it pressured...
The USDJPY pair recently reached the 148.50+/- level, and from this point, I considered the possibility of a rebound and the beginning of an upward movement. However, so far, there has been no significant activity from buyers. While they are not...
