Forex
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NZD/JPY price analysis: Cross struggles to maintain upward momentum
NZD/JPY trades near the 85.70 zone with minor gains on Friday. The pair maintains a bearish outlook despite mixed technical…
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AUD/USD steadies as traders await RBA decision
AUD/USD trades near 0.6400 with a cautious tone ahead of RBA rate decision. US consumer sentiment weakened, while inflation expectations…
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AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals
AUD/NZD trades near the 1.0900 zone with minor losses on Friday. The pair maintains a bullish outlook despite mixed short-term…
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GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD
UoM Consumer Sentiment plunges to 50.8, the lowest since July 2022; inflation expectations rise sharply. US housing data was mixed,…
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Trade of The Day – GBP/USD
Market implies 2.32 rate cuts in the US (32% chance of third rate cut at the end of 2025 in…
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Chart of The Day – USD/JPY
The dollar weakened against the yen, with USD/JPY falling 0.8% to 145.20 as markets responded to softer U.S. inflation data…
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USD/CAD Extends the range play below 200-day SMA, 1.4000 mark
USD/CAD trades with a negative bias in the weekly range amid a softer USD, rising Oil prices. The mixed technical…
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USD/CHF extends downside below 0.8350 on soft inflation reports
USD/CHF trades in negative territory near 0.8330 in Friday’s early European session. Soft inflation reports drag the US Dollar lower. …
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EUR/JPY Tests support zone near 162.50, ascending channel’s lower boundary
EUR/JPY is likely to encounter initial resistance around the nine-day EMA at 163.41. The 14-day RSI has moved below the…
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GBP/USD drifts higher above 1.3300 on softer US Dollar, upbeat UK GDP data
GBP/USD attracts some buyers to near 1.3310 in Friday’s Asian session. US PPI unexpectedly fell in April. Better-than-expected UK GDP…
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