NZD/JPY is currently at a critical technical juncture, where price action remains highly dependent on key support and resistance levels. The projected movement range of 66 to 93 pips suggests that a rebound scenario is possible, but several...
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...
The EUR/NZD pair is currently struggling to gain bullish traction, with 1.8237 acting as a crucial inflection point. This level has been tested multiple times, establishing itself as a psychological support zone that could determine the next...
February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...
GBP/USD is in upward trend despite a disappointing PMI Report of the United Kingdom. In January, PMI services fell slightly to 50.8 since December 51.1, not reaching the expectations of 51.2 analysts. These weakest data could normally weigh on the...
