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Blame Game Escalates in Iran as Rial Plunges to Record Low

The Iranian rial has hit a historic low against the US dollar amid worsening economic uncertainty, fueled by deteriorating prospects for direct negotiations with...

USDCHF Price Sees Intraday Gains – Forecast for March 14, 2025

The USDCHF pair has shown positive movement, trading within a minor bullish channel observed on the chart. However, this pattern is believed to represent...

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 its ascending channel and reaching 1.9050. This...

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...

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...

EURJPY Continues Downward Trend – Market Forecast for February 25, 2025

The EURJPY currency pair has continued its downward trajectory, closing consistently below the 158.90 resistance level. This...

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GBPJPY Remains Bullish – Forecast for December 23, 2024

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

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

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

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)

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

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

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

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

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

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

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...

EUR/CHF Remains in Bearish Territory: Forecast for December 10, 2024

The EUR/CHF currency pair continues to exhibit bearish momentum, maintaining its position below the main downward channel's resistance level of 0.9305. This trend suggests...

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