EUR/USD Daily Technical Analysis EUR/USD experienced selling pressure yesterday, as the price faced rejection from the $1.04400 level and closed at $1.03980. Today’s price action shows a further decline toward $1.03500, a key support level, where...
The Bank of England (BoE) is widely expected to cut interest rates by 25 basis points (bps), bringing the rate down to 4.75%. Among the nine members of the Monetary Policy Committee (MPC), a majority of seven are anticipated to vote in favor of this...
The NZD/USD H1 chart presents a well-defined trading range with key levels of support and resistance shaping the price action. The current price is around 0.5656, which aligns closely with a critical resistance-turned-support zone. Observing the red...
AUD/USD Analysis and Current Situation Current Status Today, the AUD/USD pair is struggling around the 0.6200 mark, having recently dropped to a five-year low of 0.6087. This decline is primarily attributed to new tariffs imposed by the US on...
Markets are now nearly fully pricing in a 25-basis-point rate cut at the upcoming Federal Reserve meeting, with investors keenly awaiting Fed Chair Jerome Powell’s press conference and the updated Summary of Economic Projections (dot plot). Any...
