EURUSD Daily Time Chart Analysis The EUR/USD pair started the day with a small break. The price fell to 1.0300, which is a sign of selling pressure. The pair soon found itself in a crowded place. The upper end of the range is at 1.0530, while the...
Oil Price Forecast for February 10, 2025 On the weekly chart, the price briefly dipped below the MACD indicator line before rebounding. The new trading week opened above this line, and the price is currently testing resistance at 71.44. The signal...
General Points about NZDUSD: So far, NZDUSD buyers have recovered up to 60 pips of their losses because the market had dropped to the 0.5656 level on Friday. The significant level acted as a temporary support, allowing buyers to step in and push the...
Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
