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...
Current Price Action of EUR/JPY The EUR/JPY currency pair is currently trading around 160.26, where it is experiencing a consolidation phase. Prior to this, the price tested a significant support level at 158.15, which has proven to be a robust...
The GBP/USD currency pair is under continued downward pressure, with expectations of a decline ranging from 47 to 70 pips if the price remains below the crucial pivot point of 1.2536. This level serves as a strong resistance zone, and as long as the...
The NZD/USD H1 chart presents a well-defined trading range with key levels of support and resistance shaping the price action. The current price is around 0.5656, which aligns closely with a critical resistance-turned-support zone. Observing the red...
update Thursday – February 06, 2025 Good morning friends. Meet again in my very simple trading journal, may we all always be in good health and always have everything easy, smooth business and abundant fortune. As usual I will share daily analysis...
