The GBP/USD pair continues to trade within a narrow range around the 1.2400 level as the US dollar extends its recovery ahead of the highly anticipated Federal Reserve (Fed) policy decision. Although the Relative Strength Index (RSI) on the...
USDCHF Daily Time Chart Analysis The US dollar was slightly lower against the Swiss franc (USDCHF) on Monday. The recent drop came amid the turmoil surrounding the deep sell-off. This may have happened as investors sought safety in the traditional...
Bitcoin Price Forecast for January 29, 2025 Current Market Overview As of January 29, 2025, Bitcoin's price action is revealing significant divergence on the weekly chart. This divergence between the price and the Marlin Oscillator indicates a...
EUR/JPY daily chart EUR/JPY slides to near 161.60 as the Euro faces selling pressure ahead of the ECB policy meeting on Thursday. The ECB is almost certain to cut its Deposit Facility rate by 25 bps to 2.75%. Growing bets towards more interest rate...
GBP/USD Trend Analysis Update Our conversation is focused on the analysis of GBP/USD's current price behavior. The GBP/USD pair on the H4 timeframe is displaying significant movement within a well-defined structure, highlighting key levels of...