EURUSD Market Outlook Wednesday, February 26, 2025 Good afternoon fellow forex traders. I am very sure that all fellow members are ready to continue their routine activities. Wednesday is the last day of the midweek trading session, let's make good...
The EUR/USD pair on the hourly chart is showing signs of an uptrend after a previous period of consolidation and decline. The price has moved above key Fibonacci expansion levels, specifically the 61.8% and 100% levels, which suggests bullish...
The GBP/JPY H1 chart reflects a downtrend with signs of consolidation around the 189.02 level. The price has consistently formed lower highs and lower lows, indicating that bearish pressure remains dominant. However, recent price action suggests a...
The USD/JPY currency pair is currently exhibiting a retracement on the H4 (4-hour) time frame, and I have applied the Fibonacci retracement tool to analyze the market's potential movements. At the moment, the price is approaching the 23.6% Fibonacci...
EUR/USD short-term technical outlook H-4 Chart From a technical perspective, the daily chart for the EUR/USD pair shows that it remains trapped below a bearish 100-day simple moving average (SMA), which provides resistance around 1.0540, while...