GBP/AUD is currently navigating a complex technical environment, where the potential for an 83 to 123 pip increase depends on whether the pair can sustain support at 1.9830. This key level serves as a crucial pivot, determining whether the market...
The GBP/JPY currency pair is currently positioned in a manner that suggests a potential decline ranging between 110 to 160 pips, provided that the price remains below the key resistance level of 191.28. This level serves as a pivotal barrier that,...
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...
Mixed signals from Bank of Japan (BoJ) officials indicate that the central bank is in no rush to tighten its monetary policy, leading to a two-week low for the Japanese Yen against the US Dollar. Reports citing five sources familiar with BoJ's...
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...
