Forum Update: GBPUSD Market Analysis Today, the battle for the 1.2600 level continues. Since the GBPUSD currency pair encountered a significant resistance level, there has been a prevailing sentiment that buyers may not be able to push the asset...
GBP/USD Technical Analysis H-4 Chart GBP/USD struggled to maintain its position during the European session on Wednesday, falling slightly on the day to trade around the 1.2600 level. The pair’s technical outlook highlights weakening bullish...
USDJPY USDJPY outlook: The USDJPY pair continues to reflect the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ). The Federal Reserve's aggressive interest rate hikes to curb inflation have supported the U.S....
NZD/USD Steady After Latest Jumbo Rate Cut The Reserve Bank of New Zealand (RBNZ) cut interest rates by 50 basis points, causing NZD/USD to fluctuate in trading on Wednesday (2/19/2025). However, the Kiwi Dollar then settled in the middle range...
XAUUSD Technical Analysis XAUUSD is currently trading near $2940, maintaining a strong uptrend. The daily chart shows a continuation of bullish momentum, with the price trading above the 70-period moving average, reinforcing the long-term upward...