GBP/USD: What’s Happening Right Now(February 10,2025)? Bank of England Cuts Rates The British pound took a hit recently after the Bank of England announced a rate cut, lowering interest rates from 4.75% to 4.5%. This move, aimed at boosting the UK...
D-1 Technical Outlook GBP/USD Until I finish with the senior timeframes, I do not switch to intraday charts of the new period (since Monday).And now I have assessed the situation on USD/JPY on the daily timeframe. And I can say that there is...
USD/JPY: Market Action Heating Up(February 10,2025) Big Moves in the Currency Market The U.S. dollar and Japanese yen have been locked in an intense battle, with USD/JPY hovering around 152.00 as of today. Traders are weighing shifting policies and...
Technical Analysis AUD/USD H-1 Chart The situation on the AUDUSD market. Comparing the current market price of 0.62769 with yesterday, on which I installed the Fibonacci grid. Combining high with the Fibonacci level of 100% (0.63026) and low with...
EUR/USD: Tug of War Between Buyers and Sellers(February 10,2025) Dollar Keeps the Upper Hand The U.S. dollar remains in a strong position, fueled by fresh economic reports that keep rate-cut expectations in check. The latest jobs data came in...
