Last night, the GBPNZD market reached the 2.2130 level, indicating significant price action. New Zealand's Inflation Expectations also benefited the sellers significantly, leading to temporary bearish pressure. Despite market fluctuations, overall...
Analysis of Support and Resistance for AUD/JPY Pair on February 18, 2025 Overview As of February 18, 2025, the AUD/JPY currency pair continues to exhibit a bullish trend, notwithstanding several correction phases that have occurred recently....
As traders anticipate the Reserve Bank of Australia's (RBA) policy announcement on Tuesday, the Australian dollar (AUD) halts its three-day gaining run versus the US dollar (USD). It is generally anticipated that the central bank would drop its...
Technical Analysis of USD/CHF: Support Level Rebound and Correction Recently, I observed that the USD/CHF currency pair was trading below the support level of 0.85559, where there was a significant amount of buying volume present. At that time, I...
As of February 18, 2025, the British Pound (GBP) is trading near a two-month high against the US Dollar (USD), with the exchange rate hovering around $1.2591. This appreciation is attributed to several factors, including stronger-than-expected UK...