Technical analysis of the USDJPY pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sideways direction during this week. The general trend of the price during the two trading weeks was downward, which...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0048 resistance and 2.0061 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
NZDUSD Daily Forecast The NZD/USD pair is showing signs of weakness and is currently trading at 0.5643. Looking at the charts, the currency pair is in a long-term downtrend and is struggling to maintain a clear uptrend. Although there has been some...
The UK labor market data largely exceeded expectations, yet concerns over persistent wage growth continue to cast uncertainty on inflation dynamics. While unemployment claims came in lower than anticipated, the number of jobless benefit seekers...
The Reserve Bank of Australia (RBA) is expected to begin cutting interest rates in May 2025, according to analysts at ANZ and Westpac, who have pushed their forecasts from March due to persistent inflationary pressures. The Australian Dollar (AUD)...
