Euro/USD Forecast for February 10, 2025 As of the end of last week, the Euro failed to hold strong above the trendline of the price channels, retreating below the declining red channel line on the weekly chart. Overall, the forecast suggests that...
USD/CAD is currently exhibiting a strong bullish trend, with price action and technical indicators signaling further potential upside movement. The pair remains well-supported above the key pivot level of 1.4300, which serves as an essential...
XAU/USD Market Outlook Greetings and Good Morning to everyone! The market of XAU/USD had reached the 2861 zone without completing a correction process on Friday, suggesting that the price had moved too far too quickly. In typical market behavior,...
Technical analysis of EURUSD Today I chose EUR/USD for technical analysis, the market price is rising. An ascending trendline helps the price to rise. Prices touching popular trendlines are high. The market price is when the train hits the line and...
As investors process the Bank of England's (BoE) dovish stance on interest rate outlook and downwardly reduced Gross Domestic Product (GDP) predictions for the year, the GBP outperforms its main rivals at the beginning of the week. Following the...
