GBP/USD Forecast: Critical 38.2% Fibonacci Barrier at 1.3470 Holds the Key
The GBP/USD currency pair, widely known as ‘Cable,’ confronts a decisive technical juncture as it tests the 38.2% Fibonacci retracement level near 1.3470.
Forex News
Forex News
Asian Currencies Plunge as Iran Oil Jitters and Hawkish Central Banks Fuel Market Turmoil
Asian financial markets opened under significant pressure on Tuesday, with regional currencies weakening substantially against the US dollar. This downward movement stems from
Forex News
USD/JPY Forecast: Critical 20-Day EMA Support Holds Firm at 157.50 Amid Market Volatility
TOKYO, May 2025 – The USD/JPY currency pair demonstrates remarkable resilience as the 20-day Exponential Moving Average establishes a critical support zone around
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US Dollar Soars: Currency Gains Momentum Near 99.50 Amid Fed Hawkish Hold and Middle East Tensions
The US Dollar surged decisively in global markets this week, with the DXY index climbing toward the 99.50 level. This significant momentum follows
Forex News
Silver Price Forecast: XAG/USD Clings to $74 Recovery Amid Bleak Market Outlook
Global silver markets show tentative stability as the XAG/USD pair maintains a fragile recovery around the $74 per ounce level, yet analysts project
Forex News
Gold Price Surges: Middle East Tensions Trigger Critical Safe-Haven Flows
Global gold markets witnessed a significant rebound this week, with prices surging as escalating geopolitical tensions in the Middle East prompted a decisive
Forex News
EUR/USD Corrects Sharply to Near 1.1560 as Resurgent Dollar Shakes Forex Markets
The EUR/USD currency pair, the world’s most traded forex instrument, experienced a significant correction during the latest trading session, retreating to the pivotal
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Australian Dollar Plummets as Unemployment Surges and PBOC Maintains Steady Rates
The Australian Dollar faced significant downward pressure today as fresh economic data revealed rising unemployment while the People’s Bank of China maintained its
Forex News
Canadian Dollar Stages Resilient Recovery After Sharp Decline, Eyes Critical Retail Sales Data
The Canadian Dollar (CAD) demonstrated notable resilience on Friday, staging a measured recovery from its sharp decline the previous day as global currency
Forex News
NZD/USD Surges Past 0.5850 as Narrower Trade Deficit Boosts Kiwi Confidence
The New Zealand Dollar strengthened decisively against the US Dollar in early Wellington trading, with the NZD/USD pair breaking above the 0.5850 resistance
