**Forecast for USD/JPY on February 11, 2025** The USD/JPY currency pair is currently experiencing a correction after bouncing off the support level at 151.30. However, it has begun today's trading session with a downward trend. The Marlin...
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On Monday, the EUR/USD pair rallied towards the 1.0335 – 1.0346 resistance zone, rejected it, and reversed in favor of the U.S. dollar, dropping to the 23.6% Fibonacci retracement level at 1.0288. A rebound from this level would support the euro's...
EUR/USD short-term technical outlook From a technical point of view, the daily chart for EUR/USD shows development below Friday’s closing price, with lower lows opening the door for further downside. Technical indicators keep solid downside slopes...
GBP/USD Stabilization Amidst Trade Tensions and Upcoming Powell Testimony Current Market Conditions GBP/USD has stabilized above the 1.2350 level as trading progresses on Tuesday. This stability comes amid heightened caution in the markets following...