The European Central Bank (ECB) has gained growing confidence in the return of inflation to its target levels while acknowledging the increasing two-sided risks surrounding this outlook. This perspective aligns with the expectation of a gradual move...
GBP/USD Price Action: Market Insight and Trading Opportunities (March 28,2025) Economic Outlook Influencing Factors The UK economy is still grappling with persistent inflation, which continues to remain above the Bank of England's target. As the...
NZDUSD Daily Forecast The NZDUSD pair has been trading within a narrow consolidation range over the past week with limited price action at most key technical levels. The upper limit of this range is defined by the 23.6% Fibonacci retracement line of...
Technical analysis of GBPUSD Today I chose GBP/USD for technical analysis, the market price is rising. An ascending trendline helps the price to rise. Prices touching popular trendlines are high. The market price is when the train hits the line and...
Daily Pivot Point Support 3: 1.0606 Support 2: 1.0695 Support 1: 1.0746 Pivot Point: 1.0783 Resistance 1: 1.0835 Resistance 2: 1.0872 Resistance 3: 1.0960 The movement of the EUR USD currency pair is below the daily pivot point which is at a price...
