GBP/USD holds gains near 1.3616, the highest since February 2022. US Nonfarm Payrolls is expected to have added 130,000 jobs in May. GBP receives support…
The US Dollar may fall to near 97.91, the lowest level since March 2022. The RSI remains below the 50 level, suggesting a persistent bearish…
WTI price may struggle as the Organization for Economic Co-operation and Development has revised down forecasts of the global economy. The OECD has cut down…
EUR/JPY holds ground ahead of the Eurozone Harmonized Index of Consumer Prices data release. BoJ Governor Kazuo Ueda expressed willingness to increase rates if economic…
Silver price could find the immediate support at the 50-day EMA of $32.71. A bullish bias could revive as the 14-day RSI remains slightly above…
The US Dollar finds primary support at the lower boundary of the descending channel around 98.70. Technical analysis indicates a persistent bearish bias as the…
The Australian Dollar holds its position near a psychological 0.6500 level after pulling back from a six-month high of 0.6537. The AUD faces few challenges…
EUR/USD strengthens as HCOB PMI data are expected to show overall growth in business activity in May. S&P Global US PMI data may show that…
AUD/USD trades flat at 0.6420 in early Asia after sliding 0.49% on Tuesday as the RBA cut rates to 3.85%. RBA opted for a 25…
NZD/USD could target the upper edge of its consolidation range around 0.6000. The 14-day Relative Strength Index (RSI) remains slightly above the 50 level, indicating…