The USD/CHF pair has been impacted by various factors, particularly the escalating US-China trade tensions. In retaliation for the recent 10% US tariff on Chinese imports, China has imposed a 15% tariff on US coal and liquefied natural gas (LNG),...
The NZD/USD currency pair is at a decisive point, with the possibility of gaining 29 to 43 pips if it sustains support at 0.5668. This level serves as the pivot point, acting as a reference for market direction. If the price holds above this point,...
The GBP/USD pair is currently in a bearish setup, with expectations of a decline between 47 and 70 pips if it stays below the critical pivot point of 1.2536. This level represents a key resistance area, with a preferred downside target set at...
GBP/AUD is currently navigating a complex technical environment, where the potential for an 83 to 123 pip increase depends on whether the pair can sustain support at 1.9830. This key level serves as a crucial pivot, determining whether the market...
The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...