The GBP/USD currency pair is currently facing bearish pressure, with expectations for a decline ranging from 46 to 69 pips. The key resistance level to monitor is 1.2447, which serves as a critical pivot point for determining future price action....
The GBP/JPY pair is currently under considerable bearish pressure, and the outlook suggests that the price could drop between 110 and 159 pips. The resistance level at 188.58 is pivotal for determining the future direction of the price movement. As...
EURUSD Weekly Analysis The European Central Bank said that interest rates should remain in check as economic growth in the eurozone slows. At the same time, the Federal Reserve maintained a relatively dovish stance and supported the dollar. This...
Global crude oil markets remain on edge as investors closely monitor the timeline for production normalization by key oil-producing nations. Any decisions made in this regard are expected to have a profound impact on the supply-demand equilibrium...
I observed that the pair initially traded within an ascending trend channel, but the bullish structure weakened when it breached the lower boundary, triggering a decline. I noted that the breakdown below the support level of 167.586 was accompanied...
