February 4, 2025 AUD/USD Price Forecast: Recovers above 0.6200 as US Dollar gives up gains. AUD could rise, but any advance is likely part of a higher 0.6155/0.6265 range. In the longer run, downward momentum has largely faded; AUD is expected to...
The technical outlook for GBP/JPY is decidedly positive at present, with a clear bullish bias that is anchored by the pivotal support at 191.82. This key level not only serves as an essential barrier against any downward movement but also reinforces...
General Points about CHFJPY: The recent price action in the CHFJPY market indicates a strong bearish sentiment, particularly after last week's speech by the SNB Chairman, which did not provide any significant benefit to the CHF. Despite expectations...
USDJPY USDJPY outlook: The USD/JPY pair remains heavily influenced by the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ). While the Fed continues to maintain a relatively hawkish stance on interest rates, the...
A couple AUD/USD bounced to 0.6199 on Tuesday and gained some losses. At the beginning of the week, the Australian dollar tested the multi -year minimum when investors distanced themselves from more risky assets in the middle of fear of US tariffs...