Currently, NZD/USD is operating in a distinctly bearish regime, with technical factors aligning to suggest that further downside is likely. The pair is trading below its pivotal level of 0.5666, a critical threshold that, if not breached to the...
The British Pound (GBP) remains under pressure against its major counterparts on Friday, despite reduced expectations for aggressive rate cuts by the Bank of England (BoE). The decline follows the UK Labour government's Autumn Forecast Statement,...
February 2, 2025 After climbing to around the 1.05300 level early on Monday of last week, the EUR/USD began to see buyer remorse hit the currency pair. The EUR/USD currency pair is trading around 1.0366. When the ECB lowered its interest rate as...
Forecast of EURUSD The price of the EURUSD increased generally on the daily time frame chart for the price adjustment, and last Friday this trading asset even crossed the 50 EMA line. On Monday of this week, however, the EURUSD completed the price...
USD/JPY currently enjoys a strong bullish technical configuration, with the pivot at 154.59 acting as a vital support level that underpins the pair’s upward momentum. The RSI is firmly above 50, indicating that buying pressure remains robust and...
