The GBP/JPY currency pair is currently positioned in a manner that suggests a potential decline ranging between 110 to 160 pips, provided that the price remains below the key resistance level of 191.28. This level serves as a pivotal barrier that,...
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...
Technical Analysis EUR/USD D-1 Chart EUR/USD is navigating uncertain waters. The pair has found initial support at the weekly low of 1.0209 (Feb. 3), while a breakout above this area could put the 2025 low of 1.0176 back into view. If breached, the...
GBP/JPY remains in a technically weak position, with the potential for a significant decline of 110 to 160 pips as long as the price remains below the key resistance level of 191.28. This level serves as a crucial barrier preventing any meaningful...
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...