Expectations of aggressive rate cuts by the Reserve Bank of New Zealand are weighing heavily on the pair price against the Dollar. Adding to the complexity are heightened global risks and significant shifts in international monetary policies, which...
I currently see a clear bearish signal on the chart of the currency pair/instrument in the form of Heikin Ashi candles. I believe it is advisable to focus only on sell positions at the moment. I find that the combination of volume spread analysis...
Forecast of EURUSD As I indicated in the accompanying diagram, I have noticed that the price of the EURUSD has been moving in a downward channel over the past few trading days on its daily time frame chart. Since Tuesday of this week, the price has...
GBP/USD GBP/USD outlook: GBP/USD is currently navigating a critical juncture, trading around the 1.2350 mark. The pair has shown sensitivity around the key support level of 1.2321, a zone that has been repeatedly tested this week. The importance of...
Date: 10th January 2025. Why is the British Pound Declining? The new White House administration is likely to impose new tariffs on imports from China, Canada, and Mexico. This is likely to potentially disrupt supply chains and prompt the Federal...
