GBP/JPY continues to trade at a decisive technical level, with 192.46 serving as a crucial support zone that could dictate the pair’s next major movement. A rebound scenario is the preferred outlook, provided that the pair maintains this level, as...
Gold price trimmed intraday losses and recovered above the $2,750 mark after the Fed decided to keep the benchmark interest rate unchanged. Confident Chair Powell's words put near-term pressure on the US Dollar. From a technical point of view, the...
The EUR/NZD pair remains under bearish pressure, trading below the critical pivot level of 1.8475, which has now become a significant resistance point. The technical indicators strongly favor continued downside momentum, with the RSI remaining...
GBP/JPY is currently positioned at a crucial technical level, with 192.46 acting as a major support zone. The market is watching closely to see if this level holds, as a sustained rebound could push the pair higher by 111 to 161 pips. The technical...
The Euro (EUR) continues to face downward pressure as expectations grow that the European Central Bank (ECB) will implement more aggressive rate cuts compared to the Federal Reserve (Fed). The ECB is anticipated to reduce rates by 25 basis points,...