The USD/JPY H1 chart exhibits a clear downward trend, characterized by a series of lower highs and lower lows. The price is currently at 149.51, recovering slightly from recent lows but still within a larger bearish structure. The presence of...
GBP/USD: Today’s Market Update(February 26,2025) Pound’s Performance Against the Dollar The British Pound (GBP) is showing strong momentum today against the U.S. Dollar (USD), trading just under the 1.2650 mark. With the ongoing economic recovery in...
Technical Analysis and Trading Plan for AUD/USD Sideways Movement and Potential Breakout Currently, the AUD/USD pair is exhibiting sideways movement, indicating that the market has not yet decided on a clear direction. The moving averages remain...
Analyzing the hourly chart of the EUR/USD currency pair, it appears that the price has approached a recent resistance level at 1.05360. This is a crucial point where the price may either break out or pull back. The Relative Strength Index (RSI) is...
The EUR/GBP pair has demonstrated a persistent upward trajectory, sustaining its bullish momentum for a second consecutive day and stabilizing around the 0.8290 mark during the European trading session. This stability followed the release of German...
