Technical Analysis Weak US data and President Trump's tariff threats boost hopes for a Federal Reserve interest rate cut and increase haven demand. Gold price consolidates the prior day’s losses and is looking for support on Wednesday. Market...
GBP/USD Technical Analysis As of now, the GBP/USD currency pair is trading around the 1.2600 level. However, it is struggling to break through the significant resistance level at 1.2650. This level has proven to be quite strong, which has limited...
GBPJPY Daily Forecast The GBP/JPY pair is currently trading at 188.821 in the fourth half, indicating that it has entered a consolidation phase after recent volatility. The currency pair has been trending lower for the past few weeks, with the...
AUD/USD Price Review Australia's annual inflation data (CPI y/y) did not change and remained flat at around 2.5%. This certainly encouraged the AUDUSD pair price to continue its downward rally. In addition, the Construction Work Done q/q data was...
Technical analysis of NZDUSD Today I will start technical analysis on NZD/USD. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below resistance at 0.5672 and above support...
