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Tag: Bearish Momentum

NZD/USD Price Analysis: Bears maintain control, signs of short-term recovery surface

Indicators flash oversold conditions on the daily chart. Contrarily, hourly chart indicators suggest a slow return of bullish impulse as the bears might have run...

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GBP/USD Price Analysis: BoE Cut Odds Rise After Weak UK Data

British wages minus bonuses grew much slower than expected. Investors expect a bigger 74bps of cuts by the BoE this year. Investors are preparing to receive...

AUDUSD is under pressure below 0.66200, AUDNZD at 1.07472

Last week’s high for AUDUSD was formed on Friday at the 0.66677 level.  Last week’s growth of AUDNZD was stopped on Friday at the 1.07472...

USD/JPY Forecast: Yen Bullish on BoJ Policy Reversal Prospects

Japan’s conditions align for the Bank of Japan to start hiking interest rates. Policymakers expect significant pay increases in Japan. The likelihood of a Fed rate...

USD/CAD Price Analysis: Bears Pounce Amid Weak USD, Oil Rise

Crude imports to China rose in the first two months of the year. Data from Canada showed a larger-than-expected trade surplus in January. The US dollar...

USD/CAD Forecast: BoC Deals a Blow to Rate Cut Expectations

Governor Tiff Macklem dimmed expectations that the central bank would soon start cutting rates. The likelihood of a BoC rate cut in April fell to...

AUD/USD Price Analysis: Chinese News Weigh Down Aussie

China decided to stick with its economic growth target of 5%. There was a significant surge in Australia’s current account surplus in Q4. Markets are eagerly...

AUD/USD Outlook: Aussie Neutral Amid Mixed Economic Signals

Australia’s retail sales recovered at the start of 2024 after falling in December. Australia’s annual sales growth remained low due to high interest rates. Markets were...

GBP/USD Forecast: Sellers Emerge Ahead of US Core PCE Data

Investors were positioning themselves ahead of the core PCE price index. Consumer confidence in the US fell amid fears about the economy’s outlook. Economists expect the...

Dogwifhat Price Prediction: WIF Pumps 14%, But This Solana Meme Coin Competitor Is About To Launch The Biggest Airdrop In History

Join Our Telegram channel to stay up to date on breaking news coverage The Dogwifhat price has pumped 14% in the last 24 hours to...

USD/JPY: All eyes on Japan’s core-core inflation tomorrow – MarketPulse

Japan’s core-core CPI for January 2024 is expected...

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