Technical Analysis EUR/USD D-4 Chart The relative strength index (RSI) indicator on the 4-hour chart remains below 40, highlighting a bearish stance. On the downside, 1.0290-1.0300 (23.6% Fibonacci retirement of the latest downtrend, round number...
USDCAD USDCAD outlook: The USDCAD pair has seen notable volatility recently, largely driven by the ongoing strength of the U.S. Dollar and fluctuating oil prices. As Canada's economy is highly linked to oil exports, any movements in crude oil...
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....
The current market outlook for GBP/USD suggests a potential decline, which many traders are anticipating. Early signs of downward movement are emerging as the pair begins to breach the 1.2400 level. Should it successfully break below this threshold...
EUR/JPY Market Outlook Good Morning guys! Today, I prefer a buy order on EUR/JPY with a short target of 157.42 ahead, as market conditions suggest a potential bullish correction. The market of EUR/USD is still in an oversold area, which indicates...
