The upcoming week (February 10–16, 2025) features several key economic events that could influence the forex markets: Monday, February 10: Eurozone Industrial Production (December)ata on industrial output will be released, providing insights into...
The EUR/GBP currency pair is currently exhibiting a downward trend, as evidenced by decreasing significant extremes and the price trading below the 120-period moving average, indicating stronger selling pressure. The zigzag indicator further...
USD/JPY: Market Action Heating Up(February 10,2025) Big Moves in the Currency Market The U.S. dollar and Japanese yen have been locked in an intense battle, with USD/JPY hovering around 152.00 as of today. Traders are weighing shifting policies and...
The USD/JPY chart on the H1 timeframe reveals a clear downtrend, with the price currently at 151.86. The market has been experiencing strong bearish pressure, as seen in the lower highs and lower lows formation. Bollinger Bands show an expansion...
US West Texas Intermediate (WTI) crude oil prices continued their upward trend for a second consecutive day on Monday, rebounding from their lowest levels since December 30th, which were recorded last week in the $70.25-$70.30 per barrel range....
