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...
The EUR/USD pair extended its decline for the third consecutive day, driven by a strong recovery in the US Dollar, which gained additional momentum following President Trump's announcement of new tariffs over the weekend. The pair retreated from...
USD/CHF gains ground to near 0.9110 in Monday’s early European session. The USD/CHF pair gathers strength to around 0.9110 during the early European session on Monday. The US Federal Reserve (Fed) is expected to keep interest rates hold this year...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
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,...
