AUD/USD Technical Analysis – Current Market Outlook Introduction AUD/USD is one of the most actively traded currency pairs in the forex market, influenced by key economic data, central bank policies, and global risk sentiment. In this analysis, we...
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...
The GBP/AUD currency pair is currently at a pivotal juncture, with expectations for a potential rise of 83 to 123 pips, provided that it remains above the 1.9830 support level. This pivot point is crucial in determining the next movement, as holding...
The EUR/NZD pair is currently situated near a key support level at 1.8237, which is acting as a critical turning point for market sentiment. A successful rebound from this level could initiate a bullish movement ranging from 73 to 110 pips, with...
February 5, 2025 USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders The USD/CAD currency pair has experienced significant volatility, primarily due to recent U.S. tariff announcements affecting Canadian imports. On...