February 21, 2025 The British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), with the GBP/USD pair trading around 1.2648. GBP/USD faces a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the...
Currently, I am closely monitoring two key support levels for the NZDUSD currency pair. The first-order support level is at 0.57284, and the second-order support level is at 0.56996. I believe these levels are the primary targets for sellers in the...
Market Fundamentals: The pair remains under pressure as a combination of fundamental factors influences market sentiment. A decline in US Treasury bond yields continues to support the lower-yielding, despite dovish remarks from Bank board member...
EUR/ JPY ANALYSIS EUR/JPY consolidated after the preliminary Eurozone PMI data showed mixed results. The euro found some stability as the manufacturing retail sales managers’ index data came in stronger than expected, but further gains were capped...
The GBP/NZD currency pair in the H1 timeframe is currently exhibiting signs of bearish momentum after failing to maintain its previous upward movement. The price is trading around 2.1960, fluctuating near a key support/resistance level. Bollinger...
