The British Pound (GBP) has been navigating a volatile landscape against the U.S. Dollar (USD), with recent price action forming a critical technical pattern. The daily chart of GBP/USD indicates a potential breakout scenario as the pair tests a key resistance level. Coupled with upcoming economic data from both the
The NZD/USD pair has been under pressure, fluctuating between 0.5620 and 0.5680 in recent sessions. The pair’s technical outlook suggests a possible recovery, but key economic indicators and global market conditions continue to influence its trajectory. Technical Analysis: A Potential Reversal? The daily chart of NZD/USD reveals a prolonged downtrend,
Tariffs have become a central talking point in international trade discussions, especially with former President Donald Trump’s push for levies on major US trading partners such as China, Mexico, and Canada. While these import taxes generate headlines, they also carry real economic consequences for businesses and consumers alike. Below, we
Unlocking the Potential: A Look into the EUR/AUD Weekly Forecast Understanding the Market Trends The EUR/AUD currency pair has recently experienced a late break of the 1.6481 cluster support level, which represents a 38.2% retracement of the previous range from 1.5963 to 1.6800. This break suggests that a double top
Former President Donald Trump’s latest plan to enforce tariffs is raising eyebrows and stirring debates on the future of international trade. As the clock ticks toward a critical deadline in 2025, policymakers, economists, and industry leaders are watching closely to see how these measures might recalibrate the balance of global
Oil prices remained stable on Wednesday as investors assessed the potential impact of forthcoming U.S. tariffs on imports from Canada and Mexico. Brent crude futures dipped slightly by 2 cents to $77.47 per barrel, while U.S. crude futures inched up 4 cents to $73.81 per barrel. The White House has
The GBP/USD currency pair, often referred to as “Cable,” has experienced notable fluctuations recently, influenced by a mix of economic data and market sentiment. As of January 28, 2025, the pair is trading at approximately 1.2448, reflecting a 0.40% decline from the previous session. Trading Economics Economic Indicators and Their
Gold traders have been on high alert as prices coiled into a symmetrical triangle pattern for several weeks, hinting at a potential breakout. Recent sessions have confirmed those bullish suspicions, with gold futures pushing decisively above the upper boundary of the triangle. Now, many market participants are revising their price
As we approach the week of January 27 to January 31, 2025, several significant economic events are poised to influence global financial markets. Investors and analysts should closely monitor these developments to navigate potential market fluctuations effectively. Key Economic Events: Top 10 Stocks and Currencies Likely to Be Impacted: Conclusion:
In a dramatic show of executive power, President Donald Trump signed more than 40 executive orders on his very first day back in office, reversing many of President Joe Biden’s policies and putting a new stamp on federal priorities. Recent reports from agencies like the U.S. Customs and Border Protection
The global economy surprised on the upside in 2024 but looks set to face rougher waters in 2025. Across-the-board tariffs are poised to squeeze both international trade and foreign direct investment, while persistently elevated interest rates threaten to curb consumer spending and business outlays. Adding to the strain, the U.S.
EUR/JPY Soars to One-Week High, Approaching Mid-16200s as Japanese Yen Weakens Overview The EUR/JPY cross attracts follow-through buyers for the fourth straight day on Wednesday and looks to build on its recovery from the 159.70-159.65 area, or over a one-month low touched last week. The intraday positive move lifts spot
GBP/USD Update: Pound Plummets as UK Labor Data Disappoints and BOE Dovish Bets Rise The Pound Sterling (GBP) surrenders its marginal gains against its major peers on Tuesday in the aftermath of the United Kingdom (UK) labor market data for three months ending November. The initial reaction from the British
The EUR/USD currency pair, one of the most closely followed in global forex markets, is at a critical juncture as 2025 begins. A confluence of chart signals, Eurozone economic data, geopolitical developments, and evolving analyst forecasts points to significant potential shifts in its trajectory. Here’s a deep dive into the
Unlocking the Secrets of the Japanese Yen: A Look at USD/JPY and CAD/JPY Before the BOJ Meeting The Impact of Interest Rate Differentials on the Japanese Yen The narrowing interest rate differentials between Japan and the rest of the world has been a key theme in the improving Japanese yen
Breaking Down the Latest Market Trends: EUR/USD Holds Strong Above Parity While Gold Tests Resistance at $2730 Trump’s Focus on “Golden Age” Impacts Market Trends During his recent inauguration, President Trump made a strong emphasis on the return of America’s “golden age.” This rhetoric was interpreted by many as a
Get notified about market movers
