GBP/JPY is exhibiting strong bearish characteristics, with technical signals aligning to suggest a potential price decline of 110 to 160 pips. The critical level to watch is 191.28, which acts as a key resistance point. As long as the price remains...
China's Retail Sales, a key economic indicator for New Zealand’s primary trade partner, posted an unexpected slowdown, dampening sentiment in antipodean markets. Sales grew by just 3.0% year-on-year, falling short of the 4.6% forecast and marking a...
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,...
EUR/USD The EUR/USD pair is hovering around 1.0300 today, maintaining its bearish momentum. Over the past four months, the euro has dropped nearly 8%, inching closer to levels last seen in September 2022. The downtrend remains intact, with no clear...
The GBP/AUD currency pair is currently positioned at a critical level, with expectations of a potential upward movement of 83 to 123 pips. The pivot point at 1.9830 serves as a crucial reference for price action, determining whether the market will...
