As of January 29, 2025, the analysis of the EUR/USD currency pair depicts a distinctly bearish outlook, particularly following a notable decline below the balance indicator line observed on the daily chart. This downward movement suggests that any...
Hello everyone, Gold's trend remains uncertain, requiring careful observation and market awareness. Currently, gold is hovering around the 2745 level while US Treasury bond yields remain high. The US dollar index showed mixed movement overnight,...
I feel the situation for USD/CHF is still tricky. I see the pair did rise today, breaking above 0.9080, which makes me think the bullish move might have some strength. However, I’m not fully convinced the downward trend is over yet because there’s...
GBPUSD GBPUSD outlook: The market for GBP/USD is currently stuck in a narrow range, with traders waiting for a catalyst to set the next direction. The U.S. economy continues to show strength, with positive data supporting the Federal Reserve's...
The GBP/USD pair continues to trade within a narrow range around the 1.2400 level as the US dollar extends its recovery ahead of the highly anticipated Federal Reserve (Fed) policy decision. Although the Relative Strength Index (RSI) on the...