The EUR/JPY pair remains in a bearish phase, with the resistance at 156.78 preventing any sustained recovery. As long as the price stays below this level, downward pressure is expected to dominate, with a potential decline of 84 to 125 pips. The RSI...
EURUSD Technical Analysis EURUSD is currently trading around 1.0459, with the 150-period moving average acting as a key resistance on the daily timeframe. The price is consolidating near 1.0512, with the RSI at 55.07, indicating mild bullish...
EUR/USD Technical Analysis H-4 Chart EUR/USD gained bullish momentum on Thursday, climbing above 1.0500 as the U.S. dollar (USD) encountered strong selling pressure. The pair remained firmly around 1.0500 during early European trading on Friday...
The GBP/NZD currency pair is currently experiencing a strong bullish trend, with market sentiment indicating an expected rise between 58 and 87 pips, as long as the support level at 2.1943 remains intact. This level serves as a key pivot, and if it...
The Federal Open Market Committee (FOMC) recently reduced its benchmark overnight borrowing rate by 25 basis points (bps) to a target range of 4.50%-4.75%, signaling a shift toward more accommodative monetary policy. Federal Reserve Chair Jerome...
