The USD/CHF pair has recently pulled back slightly after hitting a three-week high of 0.9195, as market sentiment improved following the US decision to delay imposing tariffs on Mexico. This move signals Washington’s willingness to engage in trade...
New Zealand’s manufacturing sector continues to face headwinds, as evidenced by the latest data from Business NZ. The Performance of Manufacturing Index (PMI) eased slightly to 45.5 from 45.8, signaling ongoing pressure in the sector. Meanwhile, in...
The technical analysis for GBP/JPY suggests a strong bullish outlook, with the market poised for a significant rally that could see the pair rise by 100 to 150 pips. Central to this optimism is the pivot point at 191.82, which serves as a crucial...
The current market dynamics for NZD/USD are characterized by a distinctly bullish outlook, with the pivot at 0.5573 serving as the cornerstone of the ongoing uptrend. This critical support level has not only provided stability but also created a...
The technical outlook for NZD/JPY is firmly tilted to the upside, with the pivotal level at 86.15 serving as a key anchor for the bullish sentiment that currently dominates the market. The pair’s performance above its 20 and 50 period moving...