•••EUR/USD Market Update: January 6, 2025••• ••A Snapshot of Today’s Action • The EUR/USD pair is playing in the 1.0317 zone today, and if you’ve been watching closely, you’ve seen some serious volatility. The spread is narrow, with a buy price of...
USD / JPY: An Hourly Time Frame Road Map This overbought level of 157.26 indicates that the bears or sellers will likely pull back, as the market reaches a point of resistance. The price has pushed too high without a clear retracement, and sellers...
•••USD/CHF: What’s Moving the Market Today?(January 6,2025)••• • As the new year kicks off, the USD/CHF pair is holding steady around 0.90946, up by about 0.12% in the past 24 hours. For traders, this gives us a chance to dive into what’s happening...
EUR/USD Technical Analysis: Right now, EUR/USD is hovering around 1.0920 with a slight upward push. I’m keeping an eye on 1.0900 and 1.0875 as key support levels, while 1.0950 and 1.0980 stand out as resistance zones. The pair is trading above the...
•••GBP/USD Market Analysis: Navigating the Crossroads of January 6,2025••• • The currency markets are alive with anticipation as we kick off the new year, with GBP/USD in focus as it hovers around the 1.2400 mark. Traders are on edge, carefully...
