EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
Euro/USD Forecast for February 10, 2025 As of the end of last week, the Euro failed to hold strong above the trendline of the price channels, retreating below the declining red channel line on the weekly chart. Overall, the forecast suggests that...
USD/JPY has displayed resilience at the 151.80 pivot level, forming a solid support base that has temporarily stabilized price action. If this level holds, the pair could be poised for a bullish breakout, targeting 152.85 and 153.50, with potential...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
Analysis of USD/CHF Currency Pair The USD/CHF currency pair has shown notable movement recently, breaking above the resistance level at 0.9097 and continuing its upward trajectory. As of now, there is a slight pullback occurring; however, this may...