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Markets Show Little Concern Over U.S. Tariff Threats, Analyst Warns
Currency market movements indicate a lack of concern over potential U.S. tariffs, according to MUFG Bank strategist Derek Halpenny. In a note to clients,...
Markets React as Powell Dismisses Recession Fears, USD Slips
Global markets saw a positive shift overnight as Federal Reserve Chair Jerome Powell reassured investors that recession risks in the U.S. were "not high"...
EURGBP Sees Significant Gains – Forecast for March 12, 2025
The EURGBP currency pair has regained its bullish momentum, breaking above the key resistance level of 0.8315. This upward movement has resulted in significant...
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EURNZD Surges with Strong Gains – Forecast for March 10, 2025
The EURNZD pair experienced a significant bullish rally last Friday, breaking above the 1.8880 resistance level of...
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EURJPY Hits Target Levels – Forecast for March 5, 2025
The EURJPY currency pair achieved its target levels on Tuesday, surpassing the key resistance point of 157.30...
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CADCHF Settles Below Resistance: Bearish Outlook for Today (March 3, 2025)
The CADCHF currency pair remains below the resistance level of the bearish channel at 0.6360, signaling the...
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AUDUSD Price Breaks Support, Negative Trend Expected to Continue – Forecast for Today – 24 December 2024
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The AUDUSD price opened lower today, breaking the support line of a bearish flag pattern and attempting to stay below it. This move activates...
GBPJPY Remains Bullish – Forecast for December 23, 2024
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The GBPJPY currency pair has confirmed its continued bullish momentum, closing above the 195.85 level, which now serves as a support zone for further...
EURJPY Poised for Further Upside – Forecast for December 23, 2024
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The EURJPY currency pair has shown limited movement since Friday, with price action largely fluctuating sideways around the 163.40 level. Despite this consolidation, it...
EUR/USD Price Forecast Update – December 20, 2024
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The EUR/USD currency pair is showing new positive momentum, approaching the 1.0400 level once again. This development warrants caution in the upcoming trades. If...
EUR/USD Price Forecast Update – December 19, 2024
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The EUR/USD is showing increased bullish momentum, testing the $1.0400 level. However, it is anticipated that the price will soon encounter negative pressure, which...
EURJPY Hits Correctional Target – Forecast for Today (18-12-2024)
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The EURJPY pair has experienced a clear negative move after touching the 162.40 resistance level, successfully surpassing the first correctional target at 161.10. The...
CHFJPY Continues to Test Key Resistance Level – Forecast for December 17, 2024
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The CHFJPY currency pair has maintained its upward momentum, benefiting from positive signals from the stochastic oscillator. The pair is now pressing against the...
EUR/USD Forecast – December 16, 2024
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The EUR/USD pair is currently displaying a slight bearish bias, with stochastic indicators in the overbought zone. This may prompt further price declines throughout...
GBP/USD Forecast Update – December 13, 2024
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The GBP/USD pair continues to display signs of further downside movement, reinforcing expectations for the persistence of the bearish trend throughout the day. The...
EURJPY Reaches Target, Bullish Momentum Expected to Continue – Forecast for 12-12-2024
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The EURJPY currency pair resumed its upward momentum yesterday after testing the extended support line at 158.80, triggering a strong bullish rally that led...
CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024
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The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and rising to 0.6236. This move suggests the...
GBP/JPY Resumes Upward Momentum, Eyeing Key Resistance Levels: Forecast for December 10, 2024
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The GBP/JPY currency pair has continued its bullish correction, supported by the 38.2% Fibonacci retracement level at 190.70. This support, along with positive momentum...