Technical analysis of the GBP/USD currency pair on the H1 (1-hour) timeframe reveals several key insights based on the provided data. The current price action shows the pair trading within a range, with recent prices fluctuating between 1.2413 and...
AUD/USD Outlook: Current Challenges and Market Drivers The AUD/USD currency pair is currently facing a challenging environment influenced by economic uncertainties in Australia, pressure on commodity prices, and the strength of the U.S. dollar. In...
January 31, 2025 NZD/USD stages a modest recovery from over a one-week low amid subdued USD demand The NZD/USD currency pair is exhibiting bearish tendencies. The pair is trading near 0.5645, approaching the 20-day Simple Moving Average (SMA), a...
USDJPY Daily Time Chart Analysis The USD/JPY pair has shown resilience in recent trading, especially when it held above the 154.25 support level for the fourth consecutive day despite bearish pressure on Thursday. But this sustained support is not...
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