Forex traders are closely watching the upcoming GDP release, with Q3 growth expected to confirm a preliminary estimate of 0.4% quarter-over-quarter. On an annual basis, GDP is forecasted to rise by a modest 0.9%, underscoring the region’s sluggish...
NZD/JPY continues to exhibit conflicting technical signals, with the potential for a price movement range of 66 to 93 pips depending on how the price interacts with the critical pivot level at 86.27. If the pair remains above this crucial threshold,...
NZD/JPY is currently at a critical technical juncture, where price action remains highly dependent on key support and resistance levels. The projected movement range of 66 to 93 pips suggests that a rebound scenario is possible, but several...
GBP/USD is in upward trend despite a disappointing PMI Report of the United Kingdom. In January, PMI services fell slightly to 50.8 since December 51.1, not reaching the expectations of 51.2 analysts. These weakest data could normally weigh on the...
WTI crude oil futures have experienced a downward trend over the past three weeks, declining by approximately 6% since reaching a peak of 79.36 in January. The recent sell-off intensified on Tuesday, pushing prices to a low of 70.66. However, the...
