USD/JPY remains positioned at a critical inflection point, with 151.80 acting as a major pivot level that will determine the pair’s next directional move. If price action remains stable above this zone, an upward move of 69 to 134 pips could...
Weekly Analysis of AUD/USD Movement Overview of AUD/USD Performance The Australian Dollar (AUD) has shown a strong recovery against the US Dollar (USD), bouncing back to approximately 0.6280 after a weaker opening at around 0.6235 during Monday's...
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...
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...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
