The GBP/JPY currency pair remains entrenched in a bearish phase, with an anticipated decline of 110 to 160 pips, provided that the price remains below the key pivot level of 191.28. This level acts as a crucial resistance that, if not breached, will...
AUDUSD AUDUSD outlook: The Australian Dollar (AUD) has been under pressure recently, continuing its bearish trend against the U.S. Dollar (USD). This is largely due to the strength of the U.S. Dollar, supported by resilient economic data and hawkish...
The potential re-election of Donald Trump is expected to weigh on risk-sensitive currencies as his protectionist trade policies could heighten global economic uncertainty. Trump has pledged to impose a universal 10% tariff on all foreign economies,...
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...
NZD/JPY currently exhibits a technical structure that suggests a potential movement of 66 to 93 pips, depending on how price action develops around the pivotal level of 86.27. This key level acts as a determinant of direction, meaning that as long...
