USD/JPY has displayed resilience at the 151.80 pivot level, forming a solid support base that has temporarily stabilized price action. If this level holds, the pair could be poised for a bullish breakout, targeting 152.85 and 153.50, with potential...
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...
The USD/CHF currency pair is at a critical juncture, with potential price movements forecasted within a range of 38 to 58 pips. Technical indicators suggest that the pivot level of 0.9085 is a key determinant of the market’s direction. If the price...
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...
The Canadian dollar is carried on Monday. At the European meeting, USD/CAD is traded at 1.434, which is 0.11% per day. Canadian employment blows market estimate Canada published stronger than expected growth on Friday, but the Canadian dollar showed...
