EUR/USD Forecast: Slides After Dovish ECB Rate Cut
The euro weakens following a dovish ECB rate cut, with consolidation near 1.05 and risks of a drop to parity if 1.03 support fails.
USD/CAD Forecast: After 50 Basis Point Cut in Ottawa
The USD/CAD pair climbs as the Bank of Canada’s rate cut weakens the loonie, with key levels at 1.42 and 1.45 signaling potential bullish momentum.
USD/PKR Forecast: Continues to Bounce from the Same Level
The USD/PKR pair trades sideways near 277.5 as central bank intervention limits movement, presenting cautious scalping opportunities within a tight range.
USD/JPY Forecast: Market Remains Noisy
The USD/JPY pair steadies near ¥150, supported by interest rate differentials and technical indicators, with resistance eyed at ¥153 and potential for ¥156.
USD/CHF Forex Signal: Climbs after 50 Basis Point Cut by SNB
The USD/CHF pair climbs as the Swiss franc weakens following an unexpected 50 basis point SNB rate cut, with bullish momentum targeting 0.91.