GBP/USD remains in a downward trajectory, with 1.2425 acting as a critical resistance level that continues to cap any bullish attempts. As long as the price remains below this threshold, the risk of a bearish continuation remains elevated, with...
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,...
USD/JPY is currently at a crucial juncture, with 151.80 serving as a key pivot level that will determine the pair’s next major move. The formation of a support base at this level has allowed for temporary price stabilization, and if buyers maintain...
The GBP/USD currency pair has remained under selling pressure, with 1.2425 serving as a key resistance level that dictates the near-term direction. The inability of price action to surpass this level increases the probability of further declines...
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...
