The AUD/USD pair continues its descent within a firmly entrenched bearish trend, reflecting a confluence of technical and fundamental factors working against the Australian Dollar. A pivotal resistance level at 0.6550 serves as a psychological...
The GBP/NZD pair is trading near 2.0550 as of January 26, 2025, reflecting a mixed sentiment influenced by economic data and policy expectations from both the UK and New Zealand. The pair has recently shown a moderate upward bias as the British...
The NZD/USD currency pair exhibits a strong potential for upward momentum, with expectations for an increase of 29 to 43 pips provided that the critical support level at 0.5693 holds firm. This level serves as a psychological and technical...
The Bank of Japan raised rates to the highest since 2008 On Friday, the Bank of Japan increased interest rates by 25 basis points, bringing them to 0.5%. This was the highest discount rate level since 2008. This decision is due to the regulator's...
The AUD/USD pair has exhibited significant weakness in recent sessions, entrenched in a bearish trend that reflects both technical and fundamental vulnerabilities. The key pivot point at 0.6550 has acted as a formidable ceiling, with price...
