February 5, 2025 The GBP/USD pair is trading around 1.2530, reflecting a recent upward trend. Technical Indicators: Moving Averages: The pair is trading above its 20-day Simple Moving Average (SMA), indicating a bullish trend. Relative Strength...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
GBP/USD Well, I see a perfect reversal to the north from the support zone 1.2271-1.2143. I really didn't go into buying here for one single reason - this is a weekly chart. Most likely, I would have had to sit in buying for a long time, by long I...
AUDUSD AUDUSD outlook: The Australian Dollar (AUD) has been under pressure recently, continuing its bearish trend against the U.S. Dollar (USD). This is largely due to the strength of the U.S. Dollar, supported by resilient economic data and hawkish...
NZD/JPY currently exhibits a technical structure that suggests a potential movement of 66 to 93 pips, depending on how price action develops around the pivotal level of 86.27. This key level acts as a determinant of direction, meaning that as long...