EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
The Reserve Bank of New Zealand (RBNZ) has been compelled to adopt an aggressive policy-easing approach due to declining inflationary pressures, weakening labor demand, and sluggish business activity. Meanwhile, the U.S. Dollar faces headwinds as...
USD/JPY Short-Term Outlook Current Market Sentiment The H4 chart for USD/JPY is clearly exhibiting a bearish trend, with prices consistently moving downward. Recently, the price reached a resistance level at 154.029 but has since declined....
GBP/USD Price Forecast: Technical outlook GBP/USD falls 0.93%, hitting a session low of 1.2359 after BoE's unexpected rate decision. BoE's dovish stance intensifies with forecasts of significant easing by end of 2025, stirring market reactions....
The Bank of Canada (BoC) is widely expected to implement a 50-basis-point rate cut, bringing its benchmark interest rate down to 3.25%. This dovish policy stance continues to weigh on the Canadian Dollar (CAD), with limited technical indications of...
