EUR/USD The EUR/USD pair is trading around 1.0244 today, and from my perspective, the bearish momentum still dominates, shaped by both technical patterns and economic factors. Technical Analysis: Support Levels: I see immediate support at 1.0231,...
USD/CHF Technical Analysis: As of January 16, 2025, I see that the USD/CHF pair is trading at approximately 0.9164, with a slight increase of 0.0047 (+0.00%) from the previous close. The pair is holding above the key support level of 0.9159, and...
•••NZD/USD Faces Pressure in January 16,2025••• • As 2025 unfolds, the NZD/USD currency pair is grappling with a challenging environment. The New Zealand Dollar is under significant strain, driven by a combination of domestic economic struggles and...
The GBP/USD currency pair experienced a decline on Thursday, trading around 1.2220 in Asian markets. This downward movement followed two days of gains and was primarily attributed to the release of lower-than-expected UK inflation data. The...
GBP/USD Technical Analysis: As of today, January 16, 2025, I’m seeing GBP/USD trading around 1.2178, which marks a small dip of 0.20% from the previous close. It seems like the pair has been moving within a range of 1.2140 to 1.2250, signalling...
