The AUD/USD pair continues to demonstrate resilience, maintaining a strong position above the pivotal support level of 0.6265. This level is crucial in shaping the market’s directional bias, with sustained price action above it reinforcing a bullish...
Today's calendar includes Eurozone Sentix Investor Confidence Index and ECB President Christine Lagarde's speech. The impact of these events on the market is likely to be moderate. The Sentix index serves as a useful sentiment gauge, but rarely...
I've noticed that the instrument has begun to establish conditions for growth. I observed that the price has pierced through a local maximum, and although it has since retreated below that level, it hasn't updated its last minimum. I believe this...
The EUR/USD H1 chart presents a mixed market structure, with notable volatility and a shifting trend over the observed period. Initially, the price follows a downward trend, forming lower highs and lower lows, indicating bearish dominance. However,...
GBP/USD Forecast for February 10, 2025 Friday’s release of mixed U.S. employment data has resulted in the British Pound closing below the MACD indicator line. The market opened on Monday below this line, indicating a bearish sentiment among traders....