Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...
EURJPY EURJPY outlook: The EUR/JPY currency pair is influenced by the contrasting monetary policies of the European Central Bank (ECB) and the Bank of Japan (BoJ). The Euro is supported by the ECB's cautious stance on interest rate hikes as...
USD/JPY Daily Technical Analysis USD/JPY has been showing Strong bearish momentum since yesterday. The market formed a significant bearish candle on the daily timeframe, and today’s daily candle is also following the same trend, confirming further...
USDCHF Daily Time Chart Analysis The USDCHF currency pair attempted to reach its last monthly low of 0.9000 during today’s trading session but failed. The resistance level of 0.9155 is also difficult to break. The pair is currently struggling with...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0061 resistance and 1.9920 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
