GBP/USD Forecast Good Morning to all traders! Today, the UK GDP will help the buyers to cross the 1.2533 zone later. However, the US PPI rate and Crude Oil Inventories also can help the sellers. Moreover, the US Core Retail Sales is another crucial...
Deposit rates in yuan dropped to the lowest in six months In February, the average rates on yuan deposits in the largest Russian banks fell below 4%. For three-month deposits, they amounted to 3.38% per annum, for semi–annual deposits - 3.66%, and...
General Points about USDJPY: USD/JPY buyers are in a favorable position as the price has already broken the 154.35 level. The upward movement shows strong buying pressure, indicating that market sentiment remains bullish. It has also surpassed my...
The NZD/USD currency pair is showing increasing signs of bearish momentum, with technical indicators aligning to suggest a probable decline of 20–30 pips in the near term. The pivot point at 0.5661 acts as a key inflection zone, where a temporary...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2620, struggling to gain momentum above 1.2650. From my perspective, the pair remains stuck in a tight range, with the 50-day SMA at 1.2600 acting as immediate support, while the 200-day SMA...
