Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...
Although the current trading period has concluded, I am eager to see what the indicators suggest for the next session. The oscillators remain neutral, providing no clear directional bias, yet the moving averages strongly indicate that exiting the...
USDJPY Meanwhile, for the movement of USDJPY this afternoon, according to my analysis, technically it still has the potential to fall again to a price of 153.00. This is because on the H1 timeframe, the movement of USDJPY has formed a bearish candle...
GBP/JPY Hello colleagues. On the daily chart I see that the pair has been moving sideways lately. Today there is also movement within the sideways movement for the pair at the moment. I wonder if the sideways movement will continue or if there will...
Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
