The pair strengthens as the US Dollar continues its correction following the release of United States (US) data. The US Dollar Index, which measures the Greenback's value against six major currencies, dips below the 107.00 level. Core durable goods...
EUR/JPY continues to present a bullish outlook, with a potential rise of 104 to 156 pips as long as the support at 162.81 remains intact. This support level acts as a fundamental pivot for determining whether the pair can sustain its upward momentum...
The currency pair faces a volatile week as the US Dollar remains the dominant driver amid an event-heavy economic calendar. The price struggles for clear direction against the Greenback but shows resilience against other major currencies, thanks to...
EUR/NZD continues to exhibit clear signs of bearish momentum, with a projected decline of 58 to 84 pips provided that the critical resistance at 1.8404 holds firm. This level serves as a key marker of market sentiment, determining whether sellers...
The Australian Bureau of Statistics revealed that the Australian economy expanded at a slower-than-anticipated pace, growing by 0.8% year-on-year compared to 1% in the prior quarter. Economists had forecast annualized Q3 GDP growth of 1.1%. Every...
