The GBP/USD pair is currently facing downward pressure, with an expected decline of 47 to 70 pips if it remains below the pivot point at 1.2536. This level serves as a key indicator of market sentiment, with a preferred downside target at 1.2433....
The EUR/USD pair showed signs of recovery on Wednesday, buoyed by a broader improvement in risk sentiment, which has kept the US Dollar under pressure. After ending a six-day losing streak, the Euro is attempting to stabilize, though it remains...
The GBP/USD pair is currently in a bearish setup, with expectations of a decline between 47 and 70 pips if it stays below the critical pivot point of 1.2536. This level represents a key resistance area, with a preferred downside target set at...
The USD/JPY currency pair is in a critical technical setup, with a potential rise of 83 to 123 pips if it maintains support above 152.13. This level acts as a pivot point, determining whether the pair will sustain a bullish trajectory toward the...
The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...
