The foreign exchange market is witnessing a dynamic interplay between safe-haven currencies and risk-on sentiments. With mounting speculation over the timing of the next rate hike by the Bank of Japan (BoJ), the traditionally secure Japanese Yen...
The NZD/USD currency pair is currently trading within a strong bearish trend, as price action struggles to move above the key pivot level of 0.5765, which serves as an important resistance point. As long as the price remains below this threshold,...
The EUR/GBP pair remains trapped in a strong downtrend, with price action persistently trading below the key resistance level of 0.8288. As long as this resistance remains intact, the bearish outlook is expected to dominate market behavior, with...
The EUR/GBP currency pair remains under bearish pressure as the price continues to trade below the significant resistance level of 0.8288, which serves as a key barrier preventing any meaningful upside movement. As long as the price remains below...
The crude oil chart (#CL) on the hourly timeframe reveals a well-defined downtrend that has persisted since mid-January. The price continues to register lower highs and lower lows, confirming the ongoing bearish momentum. Bollinger Bands indicate...
