EUR/USD Technical Analysis: As of today, January 15, 2025, EUR/USD is trading around 1.0248, showing a slight increase of 0.04% from the previous close. I'm watching the pair closely as it's testing a critical support zone near 1.0230, which has...
GBP/USD Today, GBP/USD is trading around 1.2296, down slightly by 0.10%. On the 4-hour chart, I’ve noticed the pair is staying below the 50-day moving average, which signals bearish momentum is still in play. The RSI is sitting at 45.96, showing a...
T E C H N I C A L _ A N A L Y S I S U S D / C A D I would explain recent price movements in the USD/CAD market. From a technical standpoint, USD/CAD is trading at 1.4358 at the time of writing. In the long term, USD/CAD is bearish now, while at the...
The given text discusses the consolidation of the EUR AUD currency pair in a daily time frame, where it is confined within an inside bar pattern between the prices of 1.67417 and 1.64882. Additionally, the movement is limited by a symmetrical...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...