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...
USDJPY Daily Analysis The USDJPY daily chart shows clear trends. It influences well-known indicators and SMA. This helps determine the market trend. The price is above the 50-period SMA moving average. This represents growth. These observations are...
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...
EUR/JPY H1 Chart Analysis – Strong Bearish Trend Definition of a Bearish Trend The H1 chart of EUR/JPY indicates a robust bearish trend, characterized by price consistently forming lower highs and lower lows. This trend is confirmed by both price...
The EUR/USD currency pair has been experiencing a consolidation phase recently, with today's trading showing a low of 1.0273 and a high of 1.0352. This range-bound movement suggests that the market is currently indecisive, with neither buyers nor...
