GBP/USD is in upward trend despite a disappointing PMI Report of the United Kingdom. In January, PMI services fell slightly to 50.8 since December 51.1, not reaching the expectations of 51.2 analysts. These weakest data could normally weigh on the...
The GBP/AUD currency pair is currently positioned at a critical level, with expectations of a potential upward movement of 83 to 123 pips. The pivot point at 1.9830 serves as a crucial reference for price action, determining whether the market will...
EUR/USD The EUR/USD pair is hovering around 1.0300 today, maintaining its bearish momentum. Over the past four months, the euro has dropped nearly 8%, inching closer to levels last seen in September 2022. The downtrend remains intact, with no clear...
The core Consumer Price Index (CPI) is projected to rise by 3.3% year-over-year, marking a critical data release ahead of the Federal Reserve’s (Fed) final policy meeting of the year. Meanwhile, Friday’s U.S. employment report is expected to...
The EUR/NZD currency pair is currently trading near a crucial support level at 1.8237, which serves as a pivotal point for determining its future direction. If this level holds, a potential bullish rebound could take place, leading the pair toward...
